Acie Law To Re-Sign With Olympiacos

Former NBA lottery pick Acie Law has agreed to re-sign with Greek powerhouse Olympiacos, according to Adrian Wojnarowski of Yahoo! Sports. Law's deal will be for two years and $2.8MM, says Wojnarowski.

Law, 28, was drafted 11th overall in 2007 by Atlanta, and spent parts of four NBA seasons with the Hawks, Warriors, Bobcats, Bulls, and Grizzlies. He has played for Olympiacos for the last two years, most recently averaging 8.1 PPG in 30 Euroleague contests in 2012/13.

Wojnarowski reports that Law's deal will include an out clause that will allow him to accept an NBA deal prior to July 25th. It's not clear whether that out clause just applies to this season, or whether he'll receive the same opportunity next summer.

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