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Gilbert Arenas Signs With Yao Ming’s Shanghai Sharks, News Says

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Nov. 13 (Bloomberg) -- Former National Basketball Association All-Star point guard Gilbert Arenas has signed a contract to play for Yao Ming’s Shanghai Sharks team, the Beijing News reported today, without citing anyone.

The deal will be announced soon, the newspaper reported, without providing additional details. Arenas has been in Shanghai for one week with the team, according to the report.

The Shanghai Sharks, which Yao bought in 2009, had already signed former Charlotte Bobcat power forward D.J. White.

To contact Bloomberg News staff for this story: Alfred Cang in Shanghai at

To contact the editor responsible for this story: John Liu at