2010's first catchphrase?

Could "bad judgment" be the first catchphrase of the new year?

Washington Wizard's guard Gilbert Arenas apologized for exercising "bad judgment" in a dispute with a teammate where they allegedly pulled guns on each other (supposedly in the locker room, if some reports are to be believed). Arenas disputes the claims but won't say what happened. Here's his statement as reported on ESPN.com.

Gilbert Arenas continued to dispute media accounts of his recent locker-room confrontation with teammate Javaris Crittenton but conceded Saturday night that he used "bad judgment" just by having three firearms on Washington Wizards property.

Speaking to a group of reporters after the Wizards' 97-86 loss to San Antonio, Arenas also revealed that he is scheduled to discuss the case Monday with authorities. Yet Arenas described himself as "not nervous at all" about the fact that the circumstances of his gun possession and his Dec. 21 encounter with Crittenton at the Verizon Center are at the center of a local and federation investigation.

ESPN.com reported Friday that a dispute that began on the team plane and resumed more than 24 hours later in the team's locker room between Arenas and Crittenton was at the crux of an investigation by local and federal authorities.

Multiple sources told ESPN.com that an argument commenced during a card game on the team's overnight flight back to Washington from Phoenix on Dec. 19 and escalated into a heated exchange between Arenas and Crittenton. The Wizards had Dec. 20 off, but sources say hostilities between the two Wizards guards resumed Dec. 21 in the locker room on a practice day.

Sources say that Arenas, in response to what was said on the flight, placed the three guns on a chair near Crittenton's locker stall and invited him to pick one before practice on Dec. 21. Sources said that Crittenton subsequently let Arenas know that he had his own gun.