Kostas Papanikolaou Update

[interbasket]

I just thought I would give you guys an update here, since US media has lots of conflicting reports on this.

From actual Greek media, and media that is very close to Olympiacos (Kostas' team) and has actual direct source of the owners of the team.

http://www.redplanet.gr/basket/h-mparts ... 36579.html

It says that Spanish club Barcelona offered 1.5 million euros to Olympiacos to buyout Papanikolaou's contract and they will have 24 hours to accept it, and they probably will.

Because then they get the 1.5 million euros, plus discard the 500,000 euros net income salary of Papanikolaou. Barcelona would then negotiate a new long term contract with Papanikolaou.

[texasholdem]

thanks for the update.

wonder who will come to the NBA first, him or LLull.

[postcall]

I know the Knicks were really interested in acquiring him back. He will be a good pickup next year for you guys.