Three days after being officially waived by the 76ers, Andres Nocioni has signed with Spanish team Caja Laboral, the club announced today (Spanish link). El Correo (via Sportando) reports Nocioni signed a rest-of-season deal with Saski Baskonia (known as Caja Laboral for sponsorship reasons).
Nocioni was no longer a part of the Sixers' plans, having played just 56 minutes over the course of this season. Holding a $7.5MM option for next year that it didn't intend to exercise, Philadelphia allowed Nocioni and agent Claudio Villanueva to explore other opportunities last week, with Villanueva saying there was a good chance his client would return to Europe. Nocioni previously played for Saski Baskonia, winning the ACB's Most Valuable Player award in 2004.