The National Basketball Association (NBA) and Euroleague Basketball have announced that three Euroleague teams will compete in five NBA preseason games from October 10-21, 2008. The five games, which are part of the Euroleague American Tour, will be played by 2008 Euroleague champion CSKA Moscow (Russia), FC Barcelona (Spain) and Lietuvos Rytas (Lithuania). The teams may face up to five NBA opponents including the Golden State Warriors, the Los Angeles Lakers, the Orlando Magic, the Toronto Raptors, and possibly the Los Angeles Clippers.

"These games continue our collaboration with Euroleague Basketball, as we work together to grow the game of basketball on a global basis," said NBA Commissioner David Stern.

The Euroleague American Tour continues a tradition of friendly competition between the NBA and Euroleague Basketball, dating back to 1978 when Maccabi Tel Aviv played the Washington Bullets in Tel Aviv, Israel. Following the 2008 preseason schedule, 33 games will have been played between the two leagues since Euroleague Basketball was created in 2000, including 13 games during NBA Europe Live presented by EA SPORTS in 2006 and 2007.

"We value the chance to partner with NBA teams in their own arenas," Euroleague Basketball CEO Jordi Bertomeu said. "There are basketball fans of all types in North America whom we plan to entertain with our own distinct playing style. We are sure they will appreciate again that the international game has a lot to offer our sport."

The Euroleague American Tour tips off on October 10 in Orlando, Florida, when six-time Euroleague champion CSKA Moscow makes its North American debut against the Orlando Magic. CSKA's second preseason game will take place in Toronto, Canada, when CSKA plays the Toronto Raptors on October 14.

FC Barcelona play two games as part of the Preseason Shootout, hosted by the Staples Center in Los Angeles, Calif. The 2008 NBA Western Conference champion Los Angeles Lakers will be Barcelona's first opponent on Oct. 18, followed by the either Los Angeles Clippers or Toronto Raptors on Oct. 19. For Barcelona, founded in 1926, the games in Los Angeles will be their first played in the United States.

ORACLE Arena in Oakland, Calif. will be the final site of the Euroleague's American Tour when the Golden State Warriors hosts Lietuvos Rytas on Oct. 21. Rytas is the 2005 ULEB Cup champion and hold five Lithuanian League crowns.

For the third consecutive year, NBA teams will participate in preseason games abroad. The Miami Heat, New Jersey Nets, New Orleans Hornets, and Washington Wizards will play four games in Barcelona, Berlin, London, and Paris as part of NBA Europe Live 2008.

According to agent Henry Thomas, Michael Finley was not only contacted by a European team a month ago, but Finley turned down the offer.

"It's not something Michael wants to do at this point in his career," Thomas told Sporting News. "They were very interested in him, and they were impressed with his shooting ability and his experience. But he was not interested in going abroad."

Before Josh Childress to his unprecedented three-year, $20 million contract, the Greek club Olympiakos first targeted Warriors swingman Kelenna Azubuike.

Agent Michael Higgins said Olympiakos approached his client last year, and then returned two weeks ago at the summer league in Las Vegas with an offer to Azubuike of $5 million annually for three years.

"But that was the starting point,'' Higgins said. "We could have got the deal [that Childress received]. ... If I'd said $10 million [annually] for three years, they would have said yes. They wanted him. They said, 'What's it going to take? Give us a number.' ''

Azubuike is a D-League success story who went undrafted and making it in the NBA was a bigger priority than more money.

Jorge Garbajosa, once an offseason interest of the Lakers, was prepared to sign a contract with Khimki Moscow, according to the Spanish-language website as.com.

Dynamo Moscow is discussing a two-year, $10 million offer with Delonte West, a source close to West said on Thursday.

West was Cleveland's starting point guard after coming over in a three-way trade from Seattle.

After being passed over in last month's NBA Draft, former Tennessee guard Chris Lofton has signed a one year contract to play in Turkey, the Associated Press is reporting.

Lofton played for the Denver Nuggets' summer team in Las Vegas but spent most of his time on the bench.

The New Jersey Nets have lost Bostjan Nachbar to Russian powerhouse Dynamo Moscow, the New York Post is reporting.

Nachbar is getting three years at $14.3 million, but he estimates it's more like three years for $30 million due to exchange rates and tax implications.

"For starters, here you lose half to taxes," he said.

"I'm happy with this deal, extremely happy. It's a once in a lifetime deal," Nachbar said. "I just couldn't turn it down even though I always wanted to stay in the NBA, and I wanted to remain with New Jersey."

Josh Childress, a free agent from the Atlanta Hawks, is strongly considering a three-year, $20 million offer from Olympiakos, several league sources said Sunday night.

Childress flew to Greece late Sunday and is scheduled to meet with Olympiakos officials on Monday.

Childress, 25, is so flustered with the Hawks? refusal to make a sign-and-trade deal to another team, one source familiar with his thinking believes there?s ?better than a 50-50 chance? he?ll sign with Olympiakos. The team also will cover the Greek taxes for Childress, making it even more lucrative.

New Jersey Nets restricted free agent Nenad Krstic has been repeatedly linked to Israel's Maccabi Tel-Aviv.

But Krstic is determined to make his injury comeback in the NBA.

Maccabi Electra Tel Aviv added another new face in preparation for the upcoming season with the signing of forward Rodney White for two seasons.

White will thicken the front line of Euroleague runner-up that already includes Marcus Fizer, Esteban Batista, Lior Eliyahu, and Yaniv Green. He spent the past season playing for Guangsha Lions in China and Capitanes de Arecibo in Puerto Rico.