Olympiacos signed Von Wafer who spent last season with Houston Rockets. 24-year-old 1.96 m shooting guard should replace Thomas Kelati whose contract with the Greek giants is likely to be cancelled after he failed to pass medical examination.

It is reported that Wafer will earn $5 million in two years at Olympiacos. He averaged 9.7 points last season in NBA.

Von Wafer played for five NBA teams during his four-year career – Los Angeles Lakers, Los Angeles Clippers, Denver Nuggets, Portland Trail Blazers and Houston Rockets.

Olympiacos are still looking for a point guard and are very close to landing Linas Kleiza.