ImageWhat was known since Friday evening is now official. Ioannis Bourousis agreed terms with Olympiacos' management and will stay Red until 2012. There was much debate and confusion prior to the agreement as there was big interest for Bourousis by NBA clubs and European powerhouses but Bourousis chose to stay at Piraeus.

Bourousis signed a three years contract worth a total of 4.8 million euros plus very generous bonuses in case Olympiaocs wins titles.

Next in line for Olympicos is now Giorgos Printezis to renew his contract.