Latest On Milos Teodosic, CSKA Moscow

JUNE 19, 7:49am: A CKSA Moscow source tells international basketball reporter David Pick (Twitter link) that CSKA hasn’t upped its offer to Teodosic since the team made its initial proposal following the Euroleague finale. That offer is viewed as “final,” per Pick.

JUNE 18, 10:11am: CSKA Moscow has made a substantially higher offer to free agent guard Milos Teodosic, who is expected to be pursued by several NBA teams this summer, writes Brian Lewis of The New York Post.

The latest offer from the Russian powerhouse is five years at 30 million euros — about the equivalent of $33.9MM — with an “important role as a leader” when his playing days are finished. It represents a significant increase from the three-year, $13.5MM package that CSKA offered when the season ended.

The Nets are expected to aggressively pursue Teodosic, who is one of the top players outside the NBA and who made a splash at the 2016 Olympics. International writer David Pick has relayed that the 30-year-old guard will be seeking a three-year deal worth $25MM to $30MM. The Heat, Kings, Nuggets and Jazz have also expressed interest in Teodosic.

Coming off a third-place finish in this year’s Euroleague, Teodosic plans to take time to contemplate his next move.

“We had a great season, which was very difficult given the new Euroleague format. Unfortunately, we did not win there, but had better success in the VTB United League,” Teodosic told the Russian news agency TASS this week. “Now I want to have a good rest and decide where to continue my career. At the moment I’m lost in thought.”

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