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4d ago

Richaun Holmes Agrees to Lucrative Contract With Panathinaikos

The veteran center will finalize a contract as one of Europe’s highest-paid players to bolster Panathinaikos’ frontcourt.

Wizards NBA Richaun Holmes To Sign Two-Year Deal With Panathinaikos

Overview

  • Panathinaikos reached an agreement with Holmes for the 2025-26 season.
  • The contract is reported to rank among the richest in European basketball, reflecting Holmes’ choice of a fully guaranteed overseas deal over uncertain NBA offers.
  • Washington waived Holmes last month after declining to guarantee his $13.3 million salary for 2025-26, making him an unrestricted free agent.
  • Panathinaikos turned to Holmes after failing to pry Jonas Valanciunas from Denver, extending their search for frontcourt reinforcements.
  • Holmes arrives with a decade of NBA experience highlighted by a career-best 14.2 points and 8.3 rebounds per game in Sacramento and last season’s 7.4 points and 5.7 rebounds for Washington.