Andrei Kirilenko will stay with CSKA Moscow until the end of the season.

Kirilenko signed 3-year contract with CSKA Moscow before the start of 2011-12 season, with the option to opt-out once the lockout was over.

Kirilenko is coming off an injury-plagued season with the Jazz.

The Top-16 Euroleague Draw was announced on Wednesday.

Group E will consist of CSKA Moscow, Olympiacos, Efes Istanbul and Galatasaray.

Group F is headlined by Real Madrid, followed by Montepaschi Siena, Unicaja and Gescrap Blbao.

Group G consists of Fenerbahce Ulker, Panathinaikos Athens, Unics Kazan and Armani Milan.

Barcelona Regal leads Group H with Maccabi Tel Aviv, Bennet Cantu and Zalgiris Kaunas.

Click here to view individual stats from the Euroleague Regular Season and here for full team stats.

Real Madrid's Nikola Mirotic has been named Euroleague MVP for the month of December.

During four games in December, Mirotic dominated like never before in leading his team to a perfect record with wins over three other Euroleague Top 16 teams to clinch first place in Group C and a No. 1 seed in the Top 16 Draw.

He recorded his first career Euroleague double-double, set career highs in index rating, scoring and steals and earned weekly MVP honors for the first time. His 18.5 points per game in December came with excellent efficiency.

Mirotic also averaged 6.8 rebounds per game.

The Bulls own the draft rights to Mirotic.

The New Orleans Hornets announced that they have signed forward/center Gustavo Ayón. Per team policy, terms of the contract were not released.
 
“We are extremely excited about this signing,” said Hornets GM Dell Demps. “Gustavo is someone who we have had on our radar for a while and we believe he is going to be a great addition to our roster. He is a highly coveted international player and we look forward to working with him as he transitions into being an NBA player." 

Ayón (6-10, 250), averaged 15.9 points on 66 percent shooting while grabbing 8.2 rebounds per game this season over 10 games for Fuenlabrada of Spain.

Carlos Arroyo signed a deal with Besiktas Thursday.

Arroyo averaged 4.8 points and 1.9 assists with the Celtics last season.

He is expected to join the team later this month.

The Eurocup released their groups for the Last 16 on Tuesday.

Group I will consist of MBC Gravelines, CEZ Nymburk, VEF Riga and Valencia Basket.

BC Khmki Moscow, ASVEL Basket, BC Donetsk and Aris are in Group J.

Group K has Banvit BK, BC Spartak, Krka and KK Buducnost Voli.

Group L will feature Lietuvos Rytas, ALBA Berlin, PBC Lokomotiv and Benetton Basket.

Andy Rautins has signed with Lucentum Alicante of Spain.

Rautins was traded to the Mavericks from the Knicks in the Tyson Chandler deal and was subsequently waived.

FC Barcelona star Juan Carlos Navarro will be sidelined for a month due to plantar fasciitis in his left foot.

Navarro has averaged 12.1 points and 3.1 assists over eight Euroleague games so far this season.

Nenad Krstic has been named Euroleague MVP for Week 9 of the regular season.

Krstic had 17 points on nine shots and 12 rebounds in a 91-75 win for CSKA over Panathinaikos.

CSKA remains undefeated at 9-0.

Jeff Adrien will sign a two-year contract with Kevin McHale, Daryl Morey and the Rockets, according to a source.

Adrien was most recently playing in Italy for Benetton Treviso.