Gran Canaria's GM Himar Ojeda went on Twitter yesterday to deny reports that Rasual Butler's contract with the Spanish team had an NBA out and reiterated that today in a conversation with HoopsHype

"There's no out clause," Ojeda said. "In fact, there's no mention whatsoever of the NBA in the contract. There's no gray area for interpretation. It's just a typical European contract."

A low-budget team in the ACB League, Gran Canaria has made the playoffs each of the last three seasons. The club is famous for propelling the careers of young foreign players. Joel Freeland, Nik Caner-Medley and Jaycee Carroll all went on to sign with high-level European squads after playing for Gran Canaria in recent years.