Kostas Sloukas ties Theo Papaloukas for best-paid Greek player ever / News - Basketnews.com

Kostas Sloukas' deal with Panathinaikos is one of the most lucrative ever signed by a Greek player. It has also made him just the 4th player from that country to surpass the €2 million mark.

Credit: Luca Sgamellotti/Euroleague Basketball via Getty Images Credit Luca Sgamellotti/Euroleague Basketball via Getty Images

Kostas Sloukas made the big decision and agreed with Panathinaikos Athens on a 3-year contract, just a few days after leaving Olympiacos.

Theodoros Papaloukas

Position:PGAge:46Height:200 cmWeight:90 kgBirth place:Athens, GreeceProfileNewsStatistics

The Greens had approached the international guard a few days ago and finally managed to get the Greek international's signature by offering him a mythical contract that reportedly reaches €9 million for 3 years.

This contract is the highest ever given by a Greek team to a domestic player since 2008, when Olympiacos managed to bring back Theodoros Papaloukas from CSKA Moscow. The 2007 EuroLeague MVP was receiving €3 million per season in Russia and the Reds had to spend the exact same amount to lure him.

With his PAO deal, Sloukas tied Papaloukas as the highest-paid Greek player ever.

Credit Vangelis Stolis

That makes Vassilis Spanoulis's contract extension with Olympiacos the third-biggest deal in Greek basketball history. Spanoulis left Panathinaikos for their main rivals in the summer of 2010, signing a three-year contract worth €2.4 million per annum. When he returned to the club's offices to discuss his extension, he ended up penning a €2.6 million/year agreement.

The fifth-biggest contract ever signed by a Greek player belongs to Nick Calathes, whose extension with PAO in 2018 garnered him €2.2 million for every season of his three-year deal. Calathes' first contract with the Greens, signed in 2015, was worth €2 million and comes in 6th on the list.

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