Gilbert Arenas signs in Shanghai, China

Even if he’s getting away from the United States, Gilbert Arenas will be getting back to a familiar nickname.

In what completes an almost month-long journey, Arenas has finally signed in the Chinese Basketball Association with the Shanghai Sharks. The deal is reported to be a one-year deal worth roughly US $700,000 with a mutual team/player option for a second year.

Already registered on the team’s roster, the three-time NBA All-Star will wear the number 0 for the first time since he was known as “Agent Zero” with the Washington Wizards from 2003-10.

Though the deal was expected to go through since he arrived in Shanghai at the beginning of the month, the Yao Ming-owned Sharks’ decision to delay making it official came down to two major points, a source told NiuBBall.com.

– Reported by Jon Pastuszek of NIUbball.com