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Tons of Greek article are now reporting that Spurs have agreed to release Spanoulis and that he will sign a €5M/3 years contract ($6.7M/3 years) with Panathinaikos.
We will see but I really think Spanoulis will be waive/release on Monday.
he's under contract. he can't play for the euroleague unless his contract is settled here (bilaterally cancelled, maybe some kind of negotiated buyout).
Tons of Greek article are now reporting that Spurs have agreed to release Spanoulis and that he will sign a €5M/3 years contract ($6.7M/3 years) with Panathinaikos.
We will see but I really think Spanoulis will be waive/release on Monday.
If you are going off that Clutchfans article, realize that it was written on 7/26/07. Nothing new there and no official Spurs or Panathinaikos Press Release.
yeah, it's official (Spanoulis has already signed his contract with Panathinaikos)
Diamantidis-Vujanic-Xanthopoulos
Spanoulis-Becirovic-Chatzivrettas
Winston Kennedy-Alvertis-Perperoglou
Mike Batiste-Zizic-Dikoudis
Tomasevic-Tsartsaris
Coach: Obradovic
10/11/2007 HOUSTON ROCKETS-PANATHINAIKOS
10/13/2007 SAN ANTONIO SPURS-PANATHINAIKOS
Spurs haven't released him yet. Until they do, all he can do is negotiate with PANATHINAIKOS. He can't sign , because the NBA has a reciprocol agreement with the European basketball body to honor each other's contracts.yeah, it's official (Spanoulis has already signed his contract with Panathinaikos)
Diamantidis-Vujanic-Xanthopoulos
Spanoulis-Becirovic-Chatzivrettas
Winston Kennedy-Alvertis-Perperoglou
Mike Batiste-Zizic-Dikoudis
Tomasevic-Tsartsaris
Coach: Obradovic
10/11/2007 HOUSTON ROCKETS-PANATHINAIKOS
10/13/2007 SAN ANTONIO SPURS-PANATHINAIKOS
For 3 hours, there have been a lot of Greek articles claiming that Spanoulis will be released and signed a contract with Panathinaikos.
http://news.google.fr/news?hl=el&ned...F%82&scoring=n
Yeeeeessssssssssss!!!!!yeah, it's official (Spanoulis has already signed his contract with Panathinaikos)
Diamantidis-Vujanic-Xanthopoulos
Spanoulis-Becirovic-Chatzivrettas
Winston Kennedy-Alvertis-Perperoglou
Mike Batiste-Zizic-Dikoudis
Tomasevic-Tsartsaris
Coach: Obradovic
10/11/2007 HOUSTON ROCKETS-PANATHINAIKOS
10/13/2007 SAN ANTONIO SPURS-PANATHINAIKOS
Those games will proove the real Kill Bill and of course Diamantidis!!!
Don't miss them! Especially w/Rockets...
Reds > Greens
http://en.wikipedia.org/wiki/Vasileios_Spanoulis
On August 19th, 2007, Spanoulis was released from his NBA contract by the [[San Antonio Spurs]] basketball club of the [[NBA]] after deciding he wanted to play only in Greece during the 2007-2008 season. This due to his mother being in poor health and Spanoulis' wanting to be near to her. Spanoulis signed a 3 year contract with the [[Panathinaikos BC]] Athens Greens of the Greek basketball league [[A1 Ethniki]], the defending European [[Triple Crown in Basketball]] champions and considered to be the best basketball team in the world outside of the NBA. He was signed to be the team's starting point guard and to team up with fellow [[Greece national basketball team]] star [[Dimitris Diamantidis]] to form the best back-court in the world outside of the NBA.[[http://www.insports.gr/index.php?s=2...%CF%86%CE%AE]]
The contract Vassilis signed was for 3 years and €5,000,000 (equivalent to $6,742,807 US dollars at the time). Spanoulis' agent set up the contract so that Vassilis could opt out of it after one year. Spanoulis stated that after the first year of his contract he might opt out of it and return to [[San Antonio]], [[Texas]] to play with the Spurs again in the NBA, as the Spurs still would like his services. Spanoulis is interested in returning to play with them for the 2008-2009 season, but could not play with them during the 2007-2008 year because of his mother's poor health.
Interesting.
Beno's contract comes off the books . . . not to mention all the other contracts. With the signing of Udoka, V-Span getting some court time over in Europe for another year makes sense, especially if the Spurs see him more as a shooting guard than a point guard.
Perhaps next summer the Spurs can sign him with the LLE.
does this mean his contract is off the books?
It will depend on what Spurs have negotiated with Spanoulis.
I don't think Spurs will have to give him some money but we will see.
You pretty much had to figure with the Spurs signing Udoka that they had worked out a release with Spanoulis.
Bruno, is there any way the Spurs hold some type of rights to V-Span? I don't think so but perhaps it could be some sort of non-written agreement.
However, that might not even be necessary because V-Span knows the Spurs will treat him fairly and last time with the Rockets, he saw what could happen if you go into an unknown situation.
I was thinking about that too- now he is free to sign with anyone.
You have almost no rules for an euro contract.
You could imagine that the contract he has signed with Panathinaikos has a clause saying that his nba opt out clause is only for San Antonio.
Spurs could have ask this as a condition to release him.
There are likely no written rule against that in the CBA but there is a rule in the CBA saying that teams must respect the spirit of the CBA and not try to do tricks to bypass rules. Is asking Panathinaikos that the nba clause is only for SA against the spirit of the CBA ? To me, yes.
Verbal agreement are illegal in nba (Minny lost draft picks because of that with Joe Smith) but I think it's just Spanoulis saying to Spurs : "I'm grateful that you like me and let me go in Greece, if I come back in nba, you will have the priority over other teams."
Last edited by Bruno; 08-19-2007 at 06:14 PM.
It's possible that he has signed a contract with Panathinaikos before being released by Spurs with a "this contract will start when Spanoulis will leave nba waivers" clause.
He's not coming back.
Has timvp ever been so besotted with a worthless player?
The better question is will he play more for Panathinaikos than Javtokas did?
Billy tell me that he signs with Pana contract before Spurs released him, he signs it just a little after Rockets get beat by Jazz. He did change his mind and wanted to play with Spurs after talking to Parker. Spurs want him and told him they want to keep him.
Billy have made up his mind originally to leave NBA because of Rockets and Van Gundy and also because they would not allow him time with his mother. His mother even came to US to Houston and the coach would not let her call to talk to him when she was depressed and the team was traveling. Billy says that Van Gundy kept making fun of his language and accent in practice and how he ask what coach is saying sometimes.
He says Van Gundy tells him he needs translator like Yao but that he won't allow one this time because he doesn't want them around practice. Billy speaks English but sometimes he have problems with some things being said and some terms, he ask question and instead of being told answer by coach Van Gundy makes fun of him and accent.
He says then the coach would tell him that's why he rides bench, because he doesn't have time to explain things it's easier to just make him sit there than tell him things.
It makes it hard for him to get plays and Van Gundy told him he couldn't play point guard. He says Rockets coach make many players angry, himself, Yao, Mutombo, Wells, Snyder, Lucas, Novak, Howard, Tsakalidis, Hayes.
He says Rockets coach always let T-Mac, Head, Alston, Battier practice how they want. He never yell at them in practice and always talks nice and gentle with them.
He always yell at other players and always on them like crazy. He act worst with Billy and Yao. He says himself and Yao and Lucas works on game all day all time and always coach be so mean to them like a crazy dog. He says the coach always calling him, Yao, Hayes, Lucas names and calling them out. He says T-Mac never ever get this abuse.
So Billy went ahead and signed the contract with Pana before Rockets traded him. Because FIBA has rule against this the team could not send the contract in until he was released by Rockets. But from when the contract is signed it is binding.
Rockets then trade Billy to Spurs. Pana still cannot send contract in until Spurs release him due to FIBA rules, but because Billy sign contract already it is binding he play with Pana.
So Billy and his agent and Pana work out where Billy can opt out of his contract after one year if he wants to play with Spurs and if they still want him at that time.
Only reason he not going to Spurs training camp is because he already signs contract with Pana and that's binding.
Spurs like him more than Vaughn and Beno. Parker he says told Buford he likes his game very much. Also he says Lindsey tells Spurs he is much better player than Vaughn or Beno.
Billy tells me he stays with Pana this year, gets his mother back in good health and him and his brother get a situation set up for her help.
His goal for year is Greek league le, Greek cup and Euroleague le. He sets goal to be Greek league MVP, playoffs MVP, Euroleague MVP and Euroleague playoff MVP.
He will work on his game all year very hard, especially ball handling, turnovers, NBA range 3 point shooting out to 8 m he says and he keeps using weights. He then try to make Spurs next year as FA at Spurs training camp. He says they already give him invite.
Last edited by Kill_Bill_Pana; 08-20-2007 at 04:47 PM.
http://www.euroleague.net/news/i/14979/180/item
Panathinaikos brings back Spanoulis
Euroleague champion Panathinaikos has announced the return of Vassilis Spanoulis, a former all-Euroleague point guard with the Greens. Spanoulis, (193, 25) arrives after one season with Houston of the NBA. Spanoulis is a reigning European champion with the Greek national team, with whom he also won a silver medal at last fall's World Championships. He and the Greens signed a three-year contract. Spanoulis was a sudden-impact performer in his one and only Euroleague season, 2005-06, when he averaged 14.5 points and 3.1 assists while making 61.7% of his two-point shots, helping Panathinaikos reach the last game before the Final Four. Spanoulis was named to the all-Euroleague second team for his efforts that season. Prior to Panathinaikos, Spanoulis had played two seasons for Larissa of the Greek League, from 1999 to 2001, and the next four with Maroussi. He helped Maroussi to make both the Greek League finals and the FIBA Europe League le game in 2004. The next season, his only one in the ULEB Cup, he averaged 15.2 points and 4.8 assists for Maroussi. In 2005-06 with Panathinaikos, he won both the Greek League and Greek Cup. Last season, Spanoulis tried his luck in the NBA, where he averaged 2.7 points and 8.8 minutes over 31 games.
Sunday, August 19, 2007
Vassilis Skountis, Athens
The Who Cares Forum. What's great is the Spanoulis saga is finally over. Huzzah.
It's his old team, he already was star player of team. He signs to be starting point guard. Coach already tells him expects him to be leading scorer and assist player of team.
Dude, get out of here with your asinine, fantastical bull . You're verging on libel at this point.
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