Milos Teodosic can be considered as a CSKA Moscow player as his former club Olympiacos will not offer him a new contract.

Last Tuesday (28/06) CSKA made an official offer to Olympiacos and the player (covering his buy-out of 1.3M). CSKA reportedly offered the player a two-years deal worth 3.7M euros, but it could even be a three-year contract as the player himself said, not knowing the exact duration.

According to information from Greece Teodosic will get a three-year contract, worth 1.9M euros per season and a release clause of 100K euros in the summer of 2012!

According to Teodosic-Olympiacos agreement, The Reds could keep the Serbian star for another season, as long as they matched the best offer he had in the summer (in this case by CSKA), in a week.

But as Olympiacos informed the Russian champions they are not planning to offer the Euroleague 2009/10 MVP a new deal, so it is only a matter of hours before the Moscovites announce the player.

Teodosic spoke about it to Serbian press: “After four years at Olympiacos, I’m going to another great European team which matches my ambitions. I am glad that I will meet my great friend Krstic there.”