Theodoros PapaloukasGreek giants already announced the signing of one of the most wanted players in the market this summer, Nikola Vujcic but that was not all. There rumours about the return of Theo Papaloukas for some time. 31-year-old agreed on 3-year contract with The Reds. Papaloukas spent six season in Moscow.

During his spell at CSKA Moscow Papaloukas won two Euroleague titles and was named MVP of Euroleague.

Sarunas Jasikevicius was mentioned as the most likely replacement for departing Papaloukas. Even though CSKA denied these rumours, there should be no financial difficulties for Euroleague chapions to sign him from Panathinaikos. There is a clause in his contract that Saras must decide until July 15.