David Logan has signed with Panathinaikos on a one-year deal.

Logan averaged 10.0 points and 2.4 assists in Euroleague last season with Caja Laboral.

Logan was the NCAA Division II Player of the Year while at the University of Indianapolis.

"I am very glad to play for Panathinaikos, it is something I wanted it to happen," said Logan. "Panathinaikos is a great club and I prefer to play for them than to face them as opponents," Logan said. "I have already talked to Mike Batiste and am looking forward to join the team."

Wilson Chandler has agreed to a contract with Olimpia Milano, according to multiple sources.

The deal will run until at least the end of the Euroleague first stage when both parties will reevaluate the situation considering where the NBA is at with its lockout.

Chandler, who is a restricted free agent, will make approximately $500,000.

One source says Rudy Fernandez has not yet reached a deal with Real Madrid, contrary to earlier reports.

“The negotiations are very advanced, but it’s not done yet,” the source said. “It will likely be announced later this week, but at this point it’s not finished.”

The deal Fernandez is negotiating would allow him to return to the Mavericks once the lockout is over.

“Rudy is very committed to Dallas,” according to the source. “The contract he’s about to sign means that Real Madrid his choice in Europe if he chooses to stay in Europe, but he’s not closing the door on a future in the NBA with Dallas after this year.”

Maccabi Tel Aviv signed Theodoros Papaloukas to a one-year deal on Saturday.

Papaloukas was the 2006 FIBA European player of the year.

Papaloukas was one of the best paid players in Europe in recent years, making an estimated 3.5 million euros at Greek club Olympiacos last season.

Maccabi Tel Aviv is reportedly considering signing Rashad McCants.

McCants was the 14th overall pick of the 2005 NBA Draft by the Minnesota Timberwolves, but has bounced around with the Kings and in the D-League.

Danny Green has confirmed on Twitter that he will play in Slovenia for Union Olimpija.

Green was set to make $884,293 thousand in the 2011-12 season with the Spurs on a non-guaranteed contract. 

Euroleague president and CEO Jordi Bertomeu told SI.com that he does not anticipate its clubs signing NBA players who are currently under contract.

"Our clubs need to have stable rosters," Bertomeu said via a translator. "They need to know how long they will be able to employ the player. No team will sign a player for only two or three months, or for an uncertain period of time. This is our forecast."

Euroleague clubs are wary of signing NBA players who may leave in the middle of their season.

"When FIBA decided to say that the transfer [of NBA players] will be valid only until the lockout will be over, it was strange," Bertomeu said. "Never in the FIBA history has there been any condition like this. This is very strange."