Maccabi Electra Tel Aviv coach David Blatt has signed a contract extension for an additional two seasons as well as option for a third year.

"No one could be happier than me, this is an emotional moment," Blatt said in a statement released by the club. "Maccabi Electra Tel Aviv is dear to my heart and I am happy and proud to continue serving it. I thank the ownership and management for the faith they have in me. I am surrounded by people of the highest level, who allow me to lead the team to the highest heights we could dream of. Maccabi is a warm and wonderful family and I am proud to be a part of the excellent tradition of the club. I promise our fans that we will do everything possible to make you proud of us every day."

Blatt, currently in his 4th season as head coach of Maccabi, has led his team to the Euroleague Final Four twice – including the title game last season – and won three Israeli League titles and four Israeli Cups.

Jeremiah Massey of Lokomotiv-Kuban has been named the Eurocup Last 16, Week 6 MVP. Massey helped lead his team to a 73-70 win against Alba Berlin.

Massey had 23 points, 12 rebounds, six assists and three blocks.

Olimpia Milano coach Sergio Scariolo told reporters after a win against Novipiu Casale that the team was indeed in the market for an outside shooter.

"We will sign a player but not before the All-Star Break (March 11),” Scariolo said. “We are evaluating what kind of player we need because this is the last guy we can add to the roster till the end of the season. We're looking for a good 3-point shooter who can play pick and roll and with the ball in his hands."

Olimpia Milano recently parted ways with Drew Nicholas.

Wilson Chandler has until Thursday to receive an offer sheet from another team as he could only play for the Nuggets thereafter.

Chandler met with the Raptors last week, but no offer has been made.

Agent Chris Luchey confirmed that a one-year deal is out.

If Chandler doesn't sign a long-term deal with Denver, he won't play until the 12-13 season.

Luchey said "we're considering all options" and that it's realistic that Chandler could sign with a professional team in Italy this spring.

The Nike International Junior Tournament of Belgrade was played on Friday, Saturday and Sunday. It is one of the most closely watched events by NBA scouts, as it features many of the top junior talent of Europe.

KK Crvena Zvezda defeated KK Partizan in the title game by a final score of 74-73.

KK Mega Vizura defeated KK Hemofarm in the third place game by a 77-71 final.

INSEP defeated Brose Baskets 77-54 in the fifth place game.

In the seventh place game, Union Olimpija defeated ALBA Berlin 80-65.

Dusan Ristic of KK Crvena Zvezda was named tournament MVP. Ristic averaged 17.4 points on 59.3% shooting and 7.2 rebounds over the five games.

Ristic was joined on the All-Tournament Team by teammates Nikola Rebic and Brano Djukanovic, along with Nikola Majic and Nikola Radicevic of KK Partizan and Nikola Miultinov of KK Hemofarm.

Nikola Jankovic of KK Crevena Zvezda was named Best Defensive Player.

Omar Cook of Armani Milano has been named Top 16, Week 5 Euroleague MVP.

Cook recorded eight points and 12 assists in the 67-58 win over Panathinaikos.

Pau-Orthez has fired Laurent Vila as head coach of the club.

Jean-Francois Laulhe has been named the interim.

Pau-Orthez has a 5-13 record in the French LNB Pro A and are in 13th place.

CSKA Moscow clinched a spot in the Euroleague Playoffs with a 96-64 win over Olympiacos on Wednesday.

CSKA had a 54-26 lead at halftime.

Andrey Vorontsevich led CSKA with 15 points on seven shots, while Andrei Kirilenko had q1 points and seven rebounds. CSKA had seven players score eight or more points.

Vassilis Spanoulis had 12 points on nine shotes for Olympiacos.

Montepaschi Siena defeated Bennet Cantu by an 88-71 final to win the 2012 Italian Cup.

David Anderson scored 23 points on 14 shots in the championship game to be named MVP.

DaShaun Wood led Alba Berlin to a come-from-behind win over Benetton Basket Treviso, winning 83-74.

Wood had 22 points, nine assists and six rebounds.

Berlin trailed by nine points entering the fourth quarter, but Wood scored 15 points and tallied five assists.