Corey Maggette is in 'serious discussions' with PAOK of Greece, according to a source.

Maggette was traded to the Bobcats this offseason.

Cedric Jackson has signed with the New Zealand Breakers.

Jackson will join fellow-American Gary Wilkinson on the club.

Jackson comes to the club highly recommended by a number of sources, including Tall Blacks coach Nenad Vucinic and former NBA star Dee Brown, now a coach in the American D League.

"We look forward to Cedric coming in and finding his way into the group,'' Breakers coach Andrej Lemanis said.

"As a point guard, he will be responsible for creating for his teammates, 

PAOK announced the arrival of guard Ioannis Kalampokis, who inked a one-year deal with his new club on Thursday.

Kalampokis arrives from Ikaros Kallitheas, where he averaged 9.3 points and 2.5 assists in 24 Greek League games last season.

Cholet Basket has signed Erman Kunter to a contract extension through 2013. Kunter was already under contract for the next two years. 

Kunter guided Cholet to the 2010 French championship and its Euroleague debut last year.

"This contract extension is a continuation of the project that we have established with management," Kunter said. "We have made several changes in the squad because we had reached the end of the cycle with some players. We will rebuild the team during the preparation period and then meet two objectives: to qualify for the Euroleague regular season and return for the third consecutive season to Bercy to win a the French championship."

Belgacom Spirou Basket signed Mickael Gelable to a one-year contract.

Gelabale arrives from Asvel Basket, where he averaged 12.2 points and 5.7 rebounds in six Eurocup games last season.

Gelable helped Madrid win the Spanish league in 2005 before playing for the Sonics in the NBA for two seasons.

Giorgi Shermadini has returned to Panathinaikos after one year on loan to Ljubljana Union Olimpija.

Shermadini averaged 7.4 points, 3.4 rebounds and 1.1 blocks per game last season.

Thunder forward Kevin Durant is in the early stages of contract negotiations with the same Turkish team that has signed Deron Williams and has been pursuing Kobe Bryant, according to Durant's agent.

Agent Aaron Goodwin told ESPN.com on Tuesday night that he has met with officials from Turkish club Besiktas and has likewise begun exploring opportunities for Durant in Spain and Russia.

Goodwin added that playing in China is not something Durant is considering at this time.

Durant has played in several exhibition games this summer.

Montepaschi Siena has reached agreement on a contract extension with Ksistof Lavrinovic.

The deal will keep Lavrinovic with Siena until the end of the 13-14 season.

He is also a member of the Lithuanian national team.

Barcelona has reached agreement with Caja Laboral to acquire Marcelinho Huertas.

Huertas has been linked to Barcelona for weeks and will replace Ricky Rubio as the team's point guard.

The deal will be for four years and will not have an escape clause.

Jeremy Pargo has become a Euroleague star and has enjoyed his time playing overseas.

“I’ve had two really successful years with two successful teams. It’s been nothing but bliss for me,” Pargo said in a phone interview from his hometown of Chicago. “(Ex-Bulldog) Matt Santangelo played for the coach (David Blatt) I play for. Jannero (Pargo’s older brother) played for him in Russia. Israel is Americanized so it’s an easy adjustment. The people are extremely friendly and they love their basketball. It’s a great country and a great place to be.”

Pargo helped Gilboa Galil win the 2010 Israeli Super League championship, scoring 15 points in a title-game victory over Maccabi Tel Aviv. Last year, Pargo averaged 10 points and 6.3 assists for Maccabi Tel Aviv, which won the Israeli Super League and lost to Panathinaikos for the Euroleague championship. 

“I was coming from a smaller team to one of the biggest teams in the Euroleague,” Pargo said. “You hear about my team on a daily basis. Everyone thought it would be a rebuilding year for Maccabi, but we made it to the championship game. My team before only played in the Israeli league, one game a week. It’s not a bad league, but it’s not the strongest league. Maccabi plays in the Euroleague, which is the strongest league – bigger players, more intensity, more speed to the game.”

Maccabi recently signed Jordan Farmar, but Pargo believes the two can coexist.

“At Gonzaga, I played with two point guards pretty much my whole time. Last year I played with two point guards,” said Pargo, who signed a two-year contract with Maccabi. “Doron Perkins (former Santa Clara Bronco) was my backcourt mate last year.”