Panathinaikos reportedly striking a deal with Panagiotis Kalaitzakis / News - Basketnews.com

Credit: LKL Credit LKL

Panathinaikos OPAP Athens are on the lookout for their new head coach, who will replace Giorgos Vovoras. At the same time, the Greek powerhouse are after several players to boost their roster.

3-pointers this season

36%9,9Points made:9,9Accuracy:36,3%Place in standings:5Record max:19Record min:4Most made 3FGs:Gediminas OrelikasTeamEuroCupStatisticsSchedule

According to a recent report by gazzetta.gr, the Greens have an agreement in place with Panagiotis Kalaitzakis who played forLietkabelis Panevezysin Lithuania during the 2021-22 campaign.

The 23-year-old guard-forward has shown great improvement on both ends of the court over the course of the season after taking his first professional steps at Aris and then Holargos, but his decision to go in 2019 to Nevezis allowed him to get more playing time and raise his stock.

The Greek international had a breakout season with Lietkabelis in the EuroCup, which came to end after his team was eliminated by Virtus Bolognabefore the quarter-finals.

Kalaitzakis averaged 13.3 points, 2.9 rebounds, 2.7 assists, and 1.2 steals in the regular season, while shooting 59% on two-point shots, 36.2% on three-point shots, and 76.6% on free throws.

Kalaitzakis is still under contract with Lietkabelis for next season, but a small exit clause is included in his agreement with the Lithuanians. According to Rokas Pakenas from 15min.lt, the Greek international is expected to get a significant rise in his salary, scaling up from 35,000 to 280,000 euros per year.

In recent days Panathinaikos and Kalaitzakis have settled the last details and soon the agreement will take an official form. Per SDNA.gr, the Greens will pay a small price to Lietkabelis (25-30,000€) for the player's buy out.

Kalaitzakis will sign a three-year contract and will essentially be another solution in the guard-forward positions. The player hadbeen on Panathinaikos' radar for the past months, at a time when Olympiacos Piraeus also got in the mix for his signature. "My dream was always to play for one of those big Greek teams, Panathinaikos or Olympiacos," Kalaitzakis said in an interview with BasketNews' Donatas Urbonas last April.

Panagiotis Kalaitzakis

MIN:27.3PTS:13 (56.22%)REB:2.84As:2.79ST:1.26BL:0.16TO:1.89GM:19ProfileEuroCup2021/2022

Over 62 outings across all competitions in Lithuania and the EuroCup, the 23-year-old point-forward averaged 11.2 points, 3.6 rebounds, 2.8 assists, 1.4 steals and 2.0 turnovers.

According to the gazzetta.gr report, the deal is expected to become official once the Greens sign a head coach.

Panathinaikos OPAP Athens

Position Player Status PG Stefan Jovic Signed until 2022 +1 PG/SG Nemanja Nedovic Signed until 2023 PG/SG Daryl Macon Signed until 2022 +1 SF Howard Sant-Roos Signed until 2023 SF Ioannis Papapetrou Signed until 2023 SF/PF Lefteris Mantzoukas Signed until 2025 PF Okaro White Signed until 2022 +1 PF Nikos Chougkaz Signed until 2025 C Giorgos Papagiannis Signed until 2023 C Vassilis Kavvadas Signed until 2022 +1 Coach Giorgos Vovoras Expired contract Giorgos Vovoras, Peyton Siva, Lefteris Bochoridis, Leonidas Kaselakis (will not return), Jeremy Evans Rumored to leave Giorgos Vovoras (story), Stefan Jovic Interested Dejan Radonjic (story), Paris Lee (story), Panagiotis Kalaitzakis (story) Thank you for reading us! Help us even more.