Marius Grigonis joins Panathinaikos / News - Basketnews.com

Credit: BNS Credit BNS

Marius Grigonis has reached an agreement with Panathinaikos OPAP Athens, sources confirmed BasketNews.

2-pointers this season

54%19,4Points made:19,4Accuracy:53,7%Place in standings:10Record max:25Record min:11Most made 2FGs:Georgios PapagiannisTeamEuroLeagueStatisticsSchedule

Shortly after, Panathinaikos officially announced the information about the reinforcement. The 28-year-old guard joined the Greek club for two seasons.

CSKA Moscow will receive around a 250k buyout for releasing the player who had two years remaining on his contract, sources say BasketNews.

Panathinaikos, Valencia, and Zalgiris Kaunas were in the race for the Lithuanian scorer signature.

PAO made the best offer financially and Grigonis made up his mind on Thursday evening.

"They pay a few hundred thousand more than us on average," Motiejunas said in an interview with BasketNews. "This is an unimaginable amount for us."

Grigonis will form the Panathinaikos backcourt with Nate Wolters, as BasketNews reported before.

Last season, he averaged 8.5 points, 1.4 rebounds, 1.9 assists, and 7.4 PIR in 16 EuroLeague games.

Panathinaikos OPAP Athens

Position Player Status PG Paris Lee (story) Signed until 2023 +1 SG/SF Panagiotis Kalaitzakis (story) Signed until 2024 +1 SG Marius Grigonis (story) Signed until 2024 SF Howard Sant-Roos Signed until 2023 SF Ioannis Papapetrou Signed until 2023 SF/PF Lefteris Mantzoukas Signed until 2025 PF Nikos Chougkaz Signed until 2025 C Giorgos Papagiannis Signed until 2023 C Vassilis Kavvadas Signed until 2022 +1 Coach Dejan Radonjic (story) Expired contract Giorgos Vovoras (will not return), Peyton Siva, Lefteris Bochoridis, Leonidas Kaselakis (will not return), Jeremy Evans Rumored to leave Stefan Jovic, Nemanja Nedovic (will not return), Daryl Macon (will not return) Interested Nate Wolters (story), Arturas Gudaitis (story), Nick Calathes (story) More EuroLeague transfer news Like what we are doing? You can express your gratitude here.