[UPDATED] Olympiacos Sign Von Wafer, Kleiza

[kobimel]

Olympiacos signed Von Wafer who spent last season with Houston Rockets. 24-year-old 1.96 m shooting guard should replace Thomas Kelati whose contract with the Greek giants is likely to be cancelled after he failed to pass medical examination.

It is reported that Wafer will earn $5 million in two years at Olympiacos. He averaged 9.7 points last season in NBA.

Von Wafer played for five NBA teams during his four-year career - Los Angeles Lakers, Los Angeles Clippers, Denver Nuggets, Portland Trail Blazers and Houston Rockets.

Olympiacos are still looking for a point guard and are very close to landing Linas Kleiza.

http://www.talkbasket.net/news/olympiac ... -1701.html

[DSos]

"Olympiacos snatches Kleiza"

http://www.talkbasket.net/news/olympiac ... -1705.html

[kobimel]

Thanks for the update, DSos!

Looks like Olympiacos are building a heck of a team this season. It all depends on whether Wafer can make the transition to the European game.

[DSos]

Olympiacos looks like it's going to be a very strong team/a force to be reckoned with this upcoming season.

I think Wafer should be able to transition smoothly..

[kobimel]

Kleiza's contract: $12.2 million/2 years (NBA opt-out in 2010)

Wafer's contract: $5 million/2 years

Childress: $12.8 million/next 2 years (NBA opt-out in 2010)

Theo Papaloukas: $10 million/next 2 years

Ioannis Bouroussis: $7.2 million/3 years (last year option)

That's a lot of money being dished out for 5 players.

What makes you sure that Wafer's transition will be smooth right off the bat? I think he could replace Lynn Greer by role, but he has no Euro experience unlike Greer.

[DSos]

To me, I think the NBA playoff experience here will help him somewhat. I know that there are differences, but I think he will be able to handle himself quite well. I've always liked Wafer's style of play, and hope he succeeds.

[BrooklynSwag]

kleiza couldnt get 3.5 million or 5 million for one year from some team?