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In 370 BC we find Agesilaus engaged in an embassy to Mantineia, and reassuring the Spartans by an invasion of Arcadia.
His prudence and heroism preserved an un-walled Sparta against the revolts and conspiracies of helots, perioeci and even Spartans, and against her enemies, four different armies led by Epaminondas, that penetrated Laconia that same year, and again in 362 BC when they all but succeeded in seizing the city by a rapid and unexpected march.
The Battle of Mantinea, in which Agesilaus took no part, was followed by a general peace: Sparta, however, stood aloof, hoping even yet to recover her supremacy.
According to Xenophon, Agesilaus, in order to gain money for prosecuting the war, supported the satrap Ariobarzanes II in his revolt against Artaxerxes II in 364 BC ( Revolt of the Satraps ), and in 361 BC he went to Egypt at the head of a mercenary force to aid the king Nectanebo I and his regent Teos against Persia.
He soon transferred his services to Teos's cousin and rival Nectanebo II, who, in return for his help, gave him a sum of over 200 talents.
On his way home Agesilaus died in Cyrenaica, around the age of 84, after a reign of some 41 years.
His body was embalmed in wax, and buried at Sparta.

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