FRIDAY, 7:54am: Head has unexpectedly opted out of his agreement with Hapoel Holon, according to David Pick (via Twitter). The former Illinois star will return to the open market, though it's unlikely he finds his way back to the NBA.
MONDAY, 8:43am: Former NBA first-round pick Luther Head has officially signed overseas with Hapoel Holon, according to the Israeli Basketball League (Twitter link). David Pick of Sportando first reported that Head had agreed to terms with the Israeli team.
According to Pick, Head received several offers from Chinese clubs, worth up to $500K, but eventually turned down larger offers and agreed to a one-year deal with Hapoel Holon. Pick hears from a source that Head's decision was influenced by his good friend Will Bynum, who played in Israel earlier in his career.
The 29-year-old Head was selected 24th overall by the Rockets in the 2005 draft, and has appeared in 348 games in six NBA seasons, for Houston, Miami, Indiana, and Sacramento. The former University of Illinois star, who last played in the NBA during the 2010/11 season, has career averages of 8.2 PPG and 12.3 PER.