Jayson Williams taking deal

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Arenas knows he'll likely meet with Stern about guns in locker

Gilbert Arenas has no concerns about possible legal action brought against him because law enforcement officials "already know the truth."

He's not as confident he can escape punishment from NBA commissioner David Stern .

Arenas said on Tuesday that he'll likely have to meet with Stern to explain why he had guns at the Verizon Center last month. Arenas has yet to be contacted by league officials for his role in what he claims is nothing more than a joke gone awry.

Iverson to remain with 76ers for season

The Philadelphia 76ers guaranteed guard Allen Iverson's contract for the rest of the season on Tuesday.

The Sixers could have waited until today - the final day - to guarantee the remainder of his prorated one-year contract worth $1.3 million. Iverson was signed by the Sixers as a free agent on Dec. 3.

Philadelphia is 4-5 with Iverson in the lineup. The 34-year-old also sat out four games with arthritis in his left knee.

Jayson Williams agrees to plea

Former NBA star Jayson Williams, his personal life in shambles, took responsibility for accidentally shooting his limousine driver to death eight years ago by pleading guilty Monday to assault and agreeing to serve at least 18 months in prison.

Williams was awaiting retrial on a reckless manslaughter count but pleaded guilty to the lesser aggravated assault count for the 2002 death of Costas Christofi.

Williams remained poised during the hearing and mostly answered yes and no questions, though he did tell the judge that he had not fully checked a shotgun he was showing off to friends before snapping it closed.

Report: Iverson set to retire

Perennial All-Star guard Allen Iverson has reportedly decided to retire after a stellar 14-year career in the NBA.

According to both Yahoo! Sports and media personality Stephen A. Smith, Iverson will formally announce his retirement in the near future after being close to signing with the New York Knicks last week.

"I always thought that when I left the game, it would be because I couldn't help my team the way that I was accustomed to," Iverson said in a statement on Smith's official website. "However, that is not the case. I still have tremendous love for the game, the desire to play and a whole lot left in my tank."

Hornets fire Scott as coach

The New Orleans Hornets fired coach Byron Scott only nine games into the season Thursday and replaced him with general manager Jeff Bower, hoping the man who put the roster together can get more out of it on the court.

"I told Jeff, 'The genie's out of the bottle,' " Hornets chief operating officer Hugh Weber said. "Nobody can say he doesn't have the right players. ... Jeff has hand-selected this team, and we like the idea that now he'll be held accountable for the results.

"Our expectations are high. Our sense of urgency is high. Our patience is low, and we hope that translates into results quickly."