2 years and $5.14 million! The 31-year-old strongman officially joins the Greek giants and temporarily bids farewell to his 10-year NBA career

On August 10, Greek giant Panasinacos officially announced that the team had signed Rickon Holmes. It is reported that the two sides signed a two-year, 4.85 million euro (2-year, 5.14 million US dollars). The 31-year-old Holmes has arrived in Greece and promised to lead the team to win. Therefore, he left the NBA this summer and temporarily bid farewell to his 10-year NBA career.

31-year-old Holmes originally had a contract worth $13.28 million in the 2025-26 season, but the amount of guarantee is only $250,000. After the free agent market opened, Holmes was cut by the Wizards. After losing his job, he continued to seek NBA protection contracts but failed to do so. In the end, he decided to join the Greek giants; it is reported that former NBA player Kendrick Dunn personally recruited Holmes.

Homes signed a new contract of 4.85 million euros for 2 years and 4.85 million euros, with the second year as a player option, so he can become a free agent in the summer of 2026.

Homes has arrived in Greece and has successfully passed the physical examination. In an interview, Homes said: I didn’t expect to feel such love as soon as I got off the plane. I've never experienced anything like this before and I can't wait to repay you guys on the court. I've talked to Nunn. He told me about the fans here. It's really hard to say 'no' to Panathinaikos.

Homes continued: I came here to win and fight for victory. The fans' love is everywhere, and I can't wait to play.

Speaking of Panathinaikos's importance to himself, Holmes said: They chased me and made me feel that I was very important. This means a lot to me.

31-year-old Holmes was the 37th pick in 2015. He has played for the 76ers, Suns, Kings, Mavericks and Wizards for 10 years. He has played in a total of 489 regular season games, averaging 19.1 minutes per game and was able to score 8.5 points, 5.3 rebounds and 1 assist. During his time as Kings, Holmes scored his best career performance in a single season with an average of 14.2 points, 8.3 rebounds per game.