Childress makes big fat Greek escape: Josh Childress signed a reported three-year deal worth $20 million with the Greek club Olympiakos after leaving the Atlanta Hawks. Olympiakos announced the deal Wednesday. The guard was a restricted free agent, and the Hawks had the right to match the offer. "It's official. I've signed," Childress said. "I was in a situation that I really didn't know what my answer would be when I got to Athens. But it's a great city and a great team, and they did everything to make me feel at home." (Updated 07/23/2008).
Injury Report
No information available at this time (Updated 7/24/08).
Fantasy Analysis
Olympiakos finished runner-up in the Greek basketball league last year, behind rival Panathinaikos. It has boosted its roster with summer transfers - including Greece star Theodoros Papaloukas, who was signed from CSKA Moscow. Unless you play in a Greek Fantasy hoops league, Childress will have absolutely no Fantasy value until at least 2011. And if you do play in a Greek Fantasy hoops league, can we play? (Updated 07/23/2008).
Childress is leaving the Atlanta Hawks for Greek club Olympiakos, reversing the course of the many international stars who have signed with the NBA. Agent Jim Tanner said Wednesday the three-year deal was worth about $20 million after taxes. The money is guaranteed, and Childress can opt out of the contract after each year. (Updated 07/23/2008)
Advice
Heading overseas allows Childress to make more money than he could have as a restricted free agent in the United States. The Hawks had the right to match an offer from another NBA team, but not from an international club. The 6-foot-8, 210-pound guard/forward averaged 11.8 points and 4.9 rebounds as the Hawks' top reserve last season. He averaged 11.1 points and 5.6 rebounds in four years with Atlanta about being drafted sixth overall in 2004 out of Stanford.
Childress makes big fat Greek escape: Josh Childress signed a reported three-year deal worth $20 million with the Greek club Olympiakos after leaving the Atlanta Hawks. Olympiakos announced the deal Wednesday. The guard was a restricted free agent, and the Hawks had the right to match the offer. "It's official. I've signed," Childress said. "I was in a situation that I really didn't know what my answer would be when I got to Athens. But it's a great city and a great team, and they did everything to make me feel at home." (Updated 07/23/2008).
Injury Report
No information available at this time (Updated 7/24/08).
Fantasy Analysis
Olympiakos finished runner-up in the Greek basketball league last year, behind rival Panathinaikos. It has boosted its roster with summer transfers - including Greece star Theodoros Papaloukas, who was signed from CSKA Moscow. Unless you play in a Greek Fantasy hoops league, Childress will have absolutely no Fantasy value until at least 2011. And if you do play in a Greek Fantasy hoops league, can we play? (Updated 07/23/2008).
