Iurbentia Bilbao announced the signing of Lithuanian shooting guard Renaldas Seibutis (23, 1.96). He signed a contract with Olympiacos in 2005 where he had 7.4 points per game in Greek league and 6.3 in Euroleague. Next season he was loaned out to another Greek team Maroussi.
Seibutis fit in well in Maroussi and was one of the key players at Maroussi. Last season he was brought back to Olympiacos but the season wasn't so successful for him. He spent only almost 3 minutes per game in 3 Euroleague appearances and didn't score any points.
Dallas Mavericks drafted Seibutis 50th overall in 2007 NBA Draft. He tried his luck in NBA Summer League this year but didn't get a contract.