Gilbert Arenas got the money. Now he wants the ring.

Arenas, who signed a franchise-record six-year, $111 million contract with Washington nine days ago, met the media yesterday and said he will be more focused and do anything needed to help the Wizards win an NBA title.

Arenas is a three-time All-Star who's averaged 22.8 points in his seven-year career but has been slowed by knee injuries the past two seasons.

But Arenas said he's feeling good now, will get back on the court Aug. 1 and thinks the Wizards -- when healthy -- are one of the NBA's top five teams. Now he wants to help prove it.

"We just have a great group of guys," Arenas said. "We're going to put a banner up there, a championship banner. We're going to do it for [team owner Abe] Pollin."

Arenas said the city of Washington embraced him and now's the time to focus more on doing his job and helping the Wizards get a shot at winning a championship.

"I do all the little things I do out there [and that] is going come to a halt," Arenas said. "I just need to cut out some of the foolishness I do. I create hype but some of the other stuff, I know I've got to calm down."

Arenas negotiated his own deal, one that drew some attention when it was revealed that the Wizards actually offered him $127 million, but that he took a lesser contract to give Washington room under the NBA's luxury tax limit to possibly bring in another player.

Warriors

Golden State acquired Marcus Williams from the New Jersey Nets , filling their need for a backup point guard. The Warriors, who lost Baron Davis to the Los Angeles Clippers in free agency, traded a conditional first-round draft pick to the Nets for Williams.

Timberwolves

Sebastian Telfair will return for a second season with the Minnesota. Telfair's agent said the point guard has agreed to terms with the Timberwolves. The move fills a big void for Minnesota, which has only one other point guard on the roster in Randy Foye.

Spurs

San Antonio re-signed Kurt Thomas, keeping the veteran forward after trading for him in February. The team did not disclose terms of the deal. Thomas, 6 feet 9, appeared in all 17 playoff games for San Antonio, averaging 4.1 points and 4.9 rebounds.