After the signing of Vassilis Spanoulis, Olympiacos quickly agreed with Matt Nielsen in order to also cover the power forward position, and is very close to Romain Sato to cover the small forward spot.

Matt Nielsen agreed on a two-year deal, that will earn him about 900.000 per season and returns to Greece after his initial European stint with PAOK Thessaloniki. An announcement is expected within the next hours.

Reports say that Romain Sato has already verbally agreed with Olympiacos and the only thing that is missing to officially sign him is the official release of Josh Childress who has agreed with the Suns. An announcement is expected by the end of the week.