Sources tell HoopsHype.com free agent guard Von Wafer signed this afternoon a two-year contract with Olympiakos worth $4.2 million without taxes - approximately $10 million gross. He has an opt-out clause to return to the NBA after the first season.
Wafer, a journeyman who has played with five NBA teams in four years, averaged a career-high 9.8 ppg with the Rockets last season.
Olympiakos signed Lithuanian forward Linas Kleiza earlier in the day for $5 million, also without taxes.
Sources tell HoopsHype.com that European powerhouse Olympiakos will soon be facing a grievance filed through FIBA’s Arbitral Tribunal related to outstanding payments from the 2008-09 season due to Bulls guard Jannero Pargo.
Pargo signed with Olympiakos in January after securing a buyout with financially struggling Dynamo Moscow. They parted ways two months later.
Olympiakos, who has consistently been one of the top teams in Europe for the last two decades, has been mentioned this summer as a possible destination for free agents like Allen Iverson, Nate Robinson and Linas Kleiza.
Former NBA players and undrafted free agents are already filling up the rosters of summer-league squads. Among the bigger names are former Pacer David Harrison, who’s joining the Cleveland Cavaliers, and Luke Jackson, who will be playing for the Dallas Mavericks, HoopsHype.com has learned.
A brief look at where some other players are going, according to various league sources:
Brandon Costner – Chicago Andre Brown – Dallas Aaron Miles – Dallas KC Rivers – Dallas Kareem Rush – Denver Jared Jordan – Golden State Jamal Sampson – Golden State Maarty Leunen – Houston Will Blalock – Indiana Derrick Byars – Indiana / Denver Davon Jefferson – LA Clippers Tony Gaffney – LA Lakers Russell Hicks – Miami Steven Hill – Minnesota Garret Siler – Minnesota Gary Forbes – New Jersey / Philadelphia Kyle Hines – Oklahoma City (in Orlando) Richard Roby – Oklahoma City (in Vegas) Courtney Fells – Orlando Ronald Dupree – Orlando / Denver Jeremy Pargo – Orlando CJ Giles – Orlando / Denver Thomas Gardner – Portland Carlos Powell – Phoenix Ekene Ibekwe – Toronto Josh Duncan – Utah Andre Ingram – Utah Wesley Matthews – Utah / Sacramento Jason Rich – Washington
We asked four basketball experts to take part in our Bracket Challenge and make their picks for the NCAA tournament public. No big surprises. Three of them think the star-studded North Carolina team will be cutting the nets in Detroit in a couple of weeks. Those would be Celtics owner Wyc Grousbeck, 17-year NBA veteran Eddie Johnson and DraftExpress.com president Jonathan Givony. Julius Hodge was the only dissenter — probably because of his North Carolina State affiliation. The 2004 ACC Player of the Year chose Pittsburgh to go all the way.
February 2, 2009 @ 5:00 pm
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The Cavaliers are calling up Trey Johnson from the NBADL to take the roster spot of Jawad Williams, Jonathan Givony of DraftExpress.com and HoopsHype.com has learned. Johnson, who was averaging 20.1 points and 4.8 assists per game, will soon sign a 10-day contract with Cleveland.
The Phoenix Suns are acquiring Jason Richardson and Jared Dudley from the Charlotte Bobcats in exchange of Raja Bell, Boris Diaw and Sean Singletary, four different sources told Jorge Sierra and Jonathan Givony of HoopsHype.com.
Bell, whose averages are down to 9.6 ppg and 2.9 rpg this season, had been widely rumored to be on the verge of being traded the last few days.
HoopsHype.com blogger Julius Hodge is heading back to Australia after failing to get a roster spot with the New Jersey Nets in training camp, agent Cervando Tejeda told HoopsHype.com.
Hodge is returning to the Adelaide 36ers of the NBL, where he averaged 24.6 ppg, 9.1 rpg and 5.9 apg last season. The team features former NBA player Luke Schenscher.
September 17, 2008 @ 8:03 am
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Former Syracuse standout Gerry McNamara will be in training camp with the Utah Jazz, agent Bill Neff told HoopsHype.com. McNamara is best known as Carmelo Anthony’s sidekick during the Orange’s NCAA title run in 2003.
The 6-foot-2 guard played last season in Latvia for local powerhouse BK Ventspils. He now faces long odds to make the opening day roster of the Jazz, stacked at the point guard position with Deron Williams, Brevin Knight and Ronnie Price.
Sources tell HoopsHype.com free agent guard Von Wafer signed this afternoon a two-year contract with Olympiakos worth $4.2 million without taxes - approximately $10 million gross. He has an opt-out clause to return to the NBA after the first season.
