Nick Calathes will play in Greece for Panathinaikos during the 2009-10 season, according to Channel 9 in Florida.

Calathes was selected 45th overall in the 2009 NBA Draft and his draft rights were traded to Dallas.

FC Barcelona have announced the signing of former Tau small forward Pete Mickeal for two years, according to euroleague.net.

Mickeal averaged 10.7 points and 5.6 rebounds in 19 Euroleague games last season.

Ricky Rubio remains confused about where he will be playing this season.

"I have more uncertainty about my future now than before the draft; every minute I'm in a different place," Rubio told the El Periodico newspaper of Barcelona in Monday's edition.

Rubio and his father were to quietly fly to Minneapolis last Saturday for conversations with Wolves president of basketball operations David Kahn.

"It's like being in a bag and not knowing what is going up or down," Rubio said. "For now, I think I may return to the ACB, but we'll see."

Real Madrid on Sunday exercised their option on the contract of Sergio Llull, who on Thursday was drafted by the Denver Nuggets with the 34th pick in the 2009 NBA Draft and then was traded to the Houston Rockets.

The move by Madrid will keep the guard under contract for two more years.

Llull averaged 6.9 points and 2.2 assists in 19 Euroleague games and 8.6 points and 2.7 assists per game in the Spanish League.

Euroleague powerhouse Tau Ceramica have announced the signing of forward Lior Eliyahu, whose draft rights are currently owned by the Houston Rockets.

Eliyahu signed a three year contract with an option for a fourth after playing last season with Maccabi Elite, where he averaged 14 points and 6.6 rebounds in 14 Euroleague games.

He was chosen as the 2008-09 Euroleague December MVP, posting one-month averages of 20.3 points, 12.3 rebounds and 3.3 assists in three straight Maccabi wins, and is a regular on the Israeli national team.

Efes Pilsen has landed All-Euroleague First Team guard Igor Rakocevic, according to a report on euroleague.net.

Rakocevic, the two-time Euroleague scoring champion, averaged 18 points per game to run away with the Alphonso Ford Top Scorer Trophy for the highest average over a minimum number of games.

In 2008-09, Rakocevic's high shooting percentages across the board (50.7% 2FG, 39.8% 3FG, 89.5% FT) and his steady all-around game made him the third-ranked Euroleague player for the season as measure by the performance index rating.

Rakocevic, who carries the nickname 'the white Michael Jordan', last played in the NBA for the Minnesota Timberwolves in 2002-2003.

Jeremy Tyler's agent is negotiating with a professional team in Haifa, Israel.

Tyler announced in April that he was skipping his senior season at San Diego High to play overseas.

"We're pretty close," said Sonny Vaccaro, who is advising Tyler and his family. "There's no hurry. They don't start playing until next December. He's in good shape. We know we have something."

Tyler would become the first American-born player to leave high school early to play professionally overseas.

A Greek Web site has linked both the Cavaliers an Spurs to Ioannis Bourousis, a 6-foot-11 center who is a star of Euroleague power Olympiakos.

Bourousis, who was named to the Euroleague First Team, is a free agent and is fielding some interest from NBA teams.

But according to a source, Olympiakos is prepared to make him an offer of around $2 million Euros tax free and that is more than any NBA team, including the Cavs, would probably be willing to offer.

On Tuesday, according to the Spanish news agency EFE, Ricky Rubio sued DKV Joventut after learning that it had transferred the rights to his buyout to Hacienda, the Spanish version of the Internal Revenue Service.

The rights were sold to satisfy a debt Joventut had with Hacienda.

Leopoldo Hinjos, Rubio's lawyer, claims that the team did not inform his client that his rights were about to be ceded to a third party. The team says that representatives of Hacienda went to Joventut's offices and demanded a guarantee to cover the outstanding debt.

Rubio has challenged the 4.75 million Euro (approximately $6.6 million) buyout, which climbs to 5.75 million Euros after June 30. Rubio made 70,000 Euros last season (about $97,000) and is scheduled to make 125,000 Euros next season (about $175,000). Rubio's father Esteban told ESPN's Chad Nielsen on Monday that the buyout is disproportionate to his salary.