Ben Wallace, close to sign a two-year, $3.8 million contract with the Detroit Pistons

Ben Wallace will continue in the NBA for at least two more seasons. The 35-year-old center has reached to a two-year, $1.9 million per year agreement with the Detroit Pistons. Wallace returned to Detroit last season after four years in the Chicago Bulls and the Cleveland Cavaliers, averaging 5.5 points and 8.7 rebounds per game. Wallace, a four-time Defensive Player of the Year, helped the Pistons to win the 2004 title.

SOURCE: Associated Press

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Vasili Zavoruev won't continue in Spartak St. Petersburg

After two seasons in Spartak St. Petersburg, Vasili Zavoruev will continue his career in other team. The Russian team will offer the termination of the contract to the 23-year-old guard, who played just 10 games in the last Russian Super League, averaging 4.3 points and 0.7 assists in 15.0 minutes per game.

SOURCE: Championat

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Olympiakos signs Vassilis Spanoulis to a three-year contract

It's official. As expected, Vassilis Spanoulis will play for Olympiakos. The Greek powerhouse has signed the 27-year-old guard to a three-year contract, as Olympiakos has confirmed in his web page. Spanoulis leaves Panathinaikos after playing there since 2005, with a one-year stint in the Houston Rockets. Last season, Spanoulis averaged 10.1 points and 3.3 assists per game in the Greek A1 League.

UPDATE: Spanoulis will earn €2.4 million per year.

SOURCE: Olympiacos BC, Sport.gr

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Ademola Okulaja announces his retirement

After two seasons out of the courts due to a cancer, Ademola Okulaja has confirmed that he won't go back to play professionally. The 35-year-old German-Nigerian forward, who played for the list time for Brose Baskets Bamberg in the 2007-08 season, is fully recovered from his illness, but will try to work as a coach or as a sports manager.

SOURCE: Sport1

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Devin Smith won't go back to Air Avellino

Air Avellino couldn't reach to an agreement with his former player Devin Smith. The 29-year-old American forward, who played for the Italian team during the 2007-08 season, could finally stay in his team last year, Panellinios, where Smith averaged 13.5 points and 5.2 rebounds per game in the last Greek A1 League.

SOURCE: Basketnet

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Hapoel Jerusalem, in talks with Stephon Marbury

Hapoel Jerusalem is in talks with the former NBA star Stephon Marbury. The 33-year-old American guard is expected to give an answer to the Israeli team tomorrow. Marbury, who was also offered to Maccabi Tel Aviv for the next season, played last season 15 games in China for Shanxi, averaging 22.9 points and 9.5 assists per game. His last stint in the NBA was in the Boston Celtics, at the end of the 2008-09 season.

UPDATE: Marbury would be considering a $300.000-400.000 offer from Hapoel Jerusalem.

SOURCE: Sport5, One

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TBB Trier signs Oskar Fassler

Oskar Fassler is back to the BBL to play for TBB Trier. The 22-year-old guard left Alba Berlin last January after the arrival of Lucca Steiger, and finished last season in the ProA league for Science City Jena, averaging 9.3 points and 2.8 rebounds per game. Fassler, who has been signed to a two-year contract by TBB Trier, also had the chance to play four games for Mitteldeutscher, posting 3.9 points and 2.8 rebounds per game.

SOURCE: TBB Trier

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Aris Thessaloniki, interested in Dimitris Verginis

Besides the interest for Kostas Sloukas, Aris Thessaloniki has another young guard on the radar. The Greek team is targeting Dimitris Verginis, born in Thessaloniki, who is playing since 2008 for Panathinaikos. The 23-year-old guard only played 10 games in the last Greek A1 league, averaging 2.5 points and 0.5 assists in 6.8 minutes per game.

SOURCE: Athilika Nea

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Daniel Hackett won't continue in Benetton Treviso

After one year in Benetton Treviso, Daniel Hackett will leave the Italian team next season. The 22-year-old Italian guard is not in the plans of Benetton after averaging 4.0 points and 1.8 assists in 17.4 minutes per game in the last Lega A. That was the first stint of Hackett as a professional after playing for the USC between 2006 and 2009.

SOURCE: La Tribuna di Treviso

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BG Göttingen signs Adam Waleskowski

BG Göttingen has announced a new acquisition. The German team, last champion of the EuroChallenge, has signed Adam Waleskowski to a one-year contract. The 27-year-old German center is back to his country after playing during the last years in France and Cyprus. Last season, Waleskowski averaged 9.2 points and 5.6 rebounds per game for the Cypriot team Achilleas Kaimakliou.

SOURCE: Schoenen Dunk

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Vanoli Cremona, interested in Marin Rozic, releases Vangelis Sklavos

Vanoli Cremona has decided to terminate the contract of Vangelis Sklavos. The 32-year-old Greek forward arrived to the Italian team last season from Rieti, and averaged 6.4 points and 2.3 rebounds per game. Vanoli Cremona is also interested in other Greek player, Mihalis Pelekanos, and in Marin Rozic. The 27-year-old Croatian forward, in Cibona since 2004, averaged 9.7 points and 3.7 rebounds per game before suffering a season-ending injury last January.

SOURCE: La Provincia di Cremona (.pdf)

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Virtus Bologna, interested in Jared Homan and Andrea Renzi

Jared Homan is the new player to be on the radar of Virtus Bologna. The 27-year-old American forward, with Bulgarian passport, played last season in Greece for BC Maroussi, averaging 9.6 points and 5.2 rebounds per game in the last Euroleague. Another alternative is Andrea Renzi, the 21-year-old Italian forward from Benetton Treviso, who could also land in Sutor Montegranaro.

SOURCE: Corriere dello Sport (.pdf)

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Hapoel Jerusalem, interested in Othello Hunter, also considering Ronald DuPree

Hapoel Jerusalem wants to land Brian Randle, from Galil Galboa, for the last season, but it's also considering alternatives. The main target would be Othello Hunter, who finished last season in Ilisiakos after being waived by the Atlanta Hawks. The 24-year-old American forward, now playing in the NBA Summer League for the Denver Nuggets, averaged 10.6 points and 8.0 rebounds per game in the Greek A1 league. On the other hand, Hapoel Jerusalem could be also considering to sign Ronald DuPree. The 29-year-old forward, who played last season for Telekom Bonn, posted 12.5 points and 4.0 rebounds per game in the BBL.

SOURCE: Walla Sport

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Spartak St. Petersburg signs Petar Popovic

Spartak St. Petersburg has announced the signing to a one-year contract of Petar Popovic. The 30-year-old Serbian center arrives to Russia after playing during the last three seasons in Spain (one for DKV Joventut and two for Asefa Estudiantes), averaging 8.1 points and 2.9 rebounds per game in the last ACB league.

SOURCE: BC Spartak

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New York Knicks sign Timofey Mozgov to a three-year, $9.7 million contract

Timofei Mozgov will continue his career in the NBA. The 23-year-old Russian center was signed by the New York Knicks to a three-year, $9.7 million contract. Mozgov, who was playing for BC Khimki since 2006, averaged 7.5 points and 4.8 rebounds per game in the last Russian Super League.

SOURCE: Twitter Draft Express

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Portland Trail Blazers sign Wes Matthews to a 5-year, $34 million offer sheet

Wesley "Wes" Matthews, undrafted last season, has seen dramatically increased his value. The Portland Trail Blazers has signed Matthews to a 5-year, $34 million offer sheet. His team last season, the Utah Jazz, has seven days to match the offer. The 23-year-old guard averaged 9.4 points and 2.3 rebounds per game in his first year as a professional.

SOURCE: Yahoo! Sports

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