It was known, now it’s official!
THE Kendrick Nunn will remain a resident of Athens for – at least – two more years, with her KAE Panathinaikos AKTOR to announce with all formality the extension of its cooperation with the American guard until summer of 2026!
Since last night, after the huge success of Panathinaikos over Maccabi and the qualification to the Final 4 of the Euroleague after 12 years, both the former NBAer himself and the president of KAE, Dimitris Giannakopoulos, spoke publicly about the agreement of both sides!
In fact, the strongman of the “green” KAE, on Wednesday morning, published a video of the appointment of the two men where the signatures were signed, citing: “Nan MVP of the European champions for the next five years”.
So, it was only a matter of time before the formal announcement of the team, which came on Wednesday afternoon. It is worth noting, however, that in the new contract of the 28-year-old scorer, there is a condition with the player retaining the right to use NBA Out. Specifically, in order for Nan to leave, he will have to find a guaranteed contract in the NBA, while the deadline he will have is until mid-July. Which is essentially to the benefit of the greens.
As for the financial part of the deal, Kendrick Nunn is expected to receive 5 million euros net for the next two years that he will wear the shamrock on his chest.
The announcement of KAE Panathinaikos AKTOR:
“KAE Panathinaikos AKTOR announces the renewal of its partnership with Kendrick Nunn until the summer of 2026. Under certain conditions the athlete retains the right to use NBA Out”.
KAE Panathinaikos AKTOR announces the renewal of its partnership with Kendrick Nunn until the summer of 2026. Under specific conditions, the athlete retains the right to use NBA Out.#paobcaktor #WeTheGreens pic.twitter.com/nUvcESWCOh
— Panathinaikos BC (@paobcgr) May 8, 2024
Source: Sport Fm
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