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Grunfeld to stay as Wizards president

Sources have told WTOP that the Wizards have agreed to a contract extension for Ernie Grunfeld to remain as team president. An official announcement is expected to be made at a news conference Tuesday. The terms of Grunfeld's extension are not known.

Tuesday - 04/24/2012, 07:15am EDT

Tags: Ernie Grunfeld, Wizards, Dave Johnson