Euroleague star Milos Teodosic said way back in September 2016 that he was looking forward to exploring his NBA opportunities in the summer of 2017, but his current team won’t let him go without a fight. According to Nikos Varlas of Eurohoops, CSKA Moscow is offering Teodosic a new three-year contract worth 12 million euros.
In 29 Euroleague games this season, Teodosic averaged 16.1 PPG and a team-high 6.8 APG while making 38.1% of his three-point attempts. His play helped CSKA Moscow earn a VTB League championship and a spot in the Euroleague Final Four, where the team finished third behind Fenerbache (Turkey) and Olympiacos (Greece). Teodosic’s performance also attracted plenty of NBA interest.
The Nets have been frequently cited throughout the last year as a likely suitor for Teodosic, and various reports have named the Jazz, Kings, Heat, and Nuggets as other NBA clubs that could be in the mix for the point guard’s services.
CSKA’s alleged offer to Teodosic is based on a net figure, since European teams often pay the taxes on player contracts, Varlas notes. So, taking into account the money he’d pay in taxes and the conversion from euros to U.S. dollars, Teodosic would require a substantial offer from an NBA team to make a move stateside worth his while financially.
As Emiliano Carchia of Sportando relays, Teodosic recently suggested that he wants to rest and take his time deciding on his future, but CSKA Moscow will push for a decision soon. “We will try to build a stronger team and that’s why we are waiting Teodosic’s answer as soon as possible,” CSKA president Andrey Vatutin said this week, per Varlas.
So something like a 3 year $24mm deal should cover the taxes and exchange rate. If Shump gets 10 a year Teodosic should be at least in that range