EuroLeague champions Panathinaikos have signed former NBA players Kendrick Nunn and Cedi Osman to multi-year contract extensions, team owner Dimitris Giannakopoulos confirmed today.
Nunn, one of the top players in Europe, agreed to a three-year, fully guaranteed deal worth €4.5M annually after taxes – making him the highest-paid player in the EuroLeague.
The contract does not include NBA out clauses. This season, he’s averaging 20.8 PPG and 4.2 APG and shooting over 50% from the field.
Osman, who joined the team in September after a stint with the Spurs, has signed a two-year extension through 2027.
He’s averaging 7.9 points and shooting nearly 38% from deep across 31 EuroLeague games.
Panathinaikos is currently third in the EuroLeague standings (21-12) and just completed a 22-0 run in Greece’s domestic league.
The team is stacked with talent and poised for a strong playoff push.
Kendrick Nunn, Cedi Osman Sign Extensions With Panathinaikos https://t.co/UC6Wey87SI pic.twitter.com/lrkd26m0g6
— Hoops Rumors (@HoopsRumors) April 9, 2025
