Calathes has elected to remain with Panathinaikos of the Greek Basketball League for the 2016-17 season, international basketball writer David Pick reports. The Kings were apparently exploring the possibility of luring Calathes back to the NBA due to his familiarity with new head man Dave Joerger, who had previously coached the point guard during his time with the Grizzlies. However, with Calathes entering the second season of a three-year, $7 million pact with Panathinaikos, the 27-year-old elected to stay in Europe, where he'll likely earn a higher salary than he would have at the NBA level. Calathes could entertain a return to North America in 2017-18 if he continues to perform well for the Greek club during the upcoming campaign.
Restricted free-agent point point guard Nick Calathes, who tallied playoff minutes for the Grizzlies last year, has signed a three-year, $7 million deal with the Greek team Panathinaikos, per European hoops site Sportnado. However, the deal does have an NBA out clause with a deadline of July 15. If the Grizzlies, who signed Calathes to a qualifying offer on July 1, decide to match the Greek deal, that contract would become void. In 58 games last season, Calathes averaged 4.2 points, 1.8 rebounds and 2.5 assists.
The Grizzlies recently extended guard Nick Calathes a qualifying offer, the team announced. Calathes is now a restricted free agent and the Grizzlies can match any outside offers. In 58 games last season, Calathes averaged 4.2 points, 1.8 rebounds and 2.5 assists.
Nick Calathes will start at point guard for the Grizzlies in Wednesday's Game 5 in place of the injured Mike Conley, per the team's game notes. Calathes started in Game 4 and scored 12 points in Memphis' loss to the Blazers. The Grizzlies are 5 1/2-point favorites as they try to close out the series.
Grizzlies guard Tony Allen served a one-game suspension Tuesday because of a heated confrontation he had with teammate Nick Calathes during a team practice, sources told ESPN. While the altercation was not physical, Allen's suspension was because Allen waved off coaches who were trying to calm him down after the confrontation. With the suspension over, Allen will return to the lineup for Wednesday's game at Houston. The Grizzlies are 3 1/2-point underdogs.
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