Hawks Lose Big Gun From Playoff Team

By: Associated Press
By: Associated Press

Wednesay July 23, 2008
ATHENS, Greece (AP) -- Josh Childress signed a reported
three-year deal worth 20 million dollars with the Greek club
Olympiakos after leaving the Atlanta Hawks. Olympiakos announced the deal Wednesday. The guard was a restricted free agent, and the Hawks had the right to match the offer.

Childress said, "It's official. I've signed. I was in a
situation that I really didn't know what my answer would be when I
got to Athens. But it's a great city and a great team, and they did
everything to make me feel at home." Olympiakos finished runner-up in the Greek basketball league last year, behind rival Panathinaikos. It has boosted its roster with summer transfers -- including Greece star Theodoros Papaloukas, who was signed from CSKA Moscow.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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