Matt Thomas officially signs for Panathinaikos Athens / News - Basketnews.com

Matt Thomas signed a deal to play for Panathinaikos Athens until the end of the 2023-24 season.

Credit: USA Sports Today-Scanpix Credit USA Sports Today-Scanpix

Panathinaikos Athens officially have their first addition since the reigns have been handed over to head coach Dejan Radonjic to manage the team's signings.

3-pointers this season

37%9,0Points made:9,0Accuracy:37,1%Place in standings:9Record max:13Record min:4Most made 3FGs:Dwayne BaconTeamEuroLeagueStatisticsSchedule

The club has officially announced the addition of sharpshooter Matt Thomas. As previously reported, the two sides signed a deal until the end of the 2023-24 season.

Georgios Zakkas from SDNA notes that the two sides negotiated on whether an NBA out should be included in the deal or not. The club eventually succeeded in persuading the player's camp to not include it in the contract.

"I'm just excited. I can't wait to start working with my new teammates and my coach and to play in a top-level club in Europe like Panathinaikos, with a rich history and amazing fans," the player told after the signing. "I can't wait to grab this great opportunity to play in the Euroleague and to live in this wonderful city called Athens."

Georgios Kouvaris from Gazzetta.gr notesthat Thomas should earn $400,000 for the remainder of this season. If the contract is renewed next summer, the shooting guard should earn $1,000,000 the next season, Kouvaris writes.

The 28-year-old has played three seasons in the NBA, averaging 4 points and 1.2 rebounds per game, shooting three-pointers at a solid 40.4%. Before coming to the NBA, Thomas played a season for Valencia Basket and went on to win the EuroCup, averaging 12.7 points, 1.3 rebounds, and 1.7 assists for 10.9 PIR in the competition.

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