HoopsHype.com Rumors

Dubi Pick: Jeremy Pargo (@TheRightPargo2) signed a guaranteed 2-year, $2million (!) contract w/Memphis Grizzlies source tells EB Twitter

Memphis Grizzlies, Free Agency, Jeremy Pargo 

Dubi Pick: Jeremy Pargo's $2Mil deal w/MEM is the total amount for BOTH years.. Twitter

Memphis Grizzlies, Free Agency, Jeremy Pargo 

Emiliano Carchia: FIBA today decided that Jeremy Pargo has to pay to Maccabi Tel Aviv $270k for breaking the contract illegally Twitter

Maccabi Tel Aviv, Jeremy Pargo 

In response to Eurobasket's report yesterday concerning Maccabi Tel Avivs star point guard Jeremy Pargo opting out of his contract and becoming a free player, Pargo's agent Brad Ames, addressed the situation for the first time, explaining the player's side of the story. 'This was a very difficult decision for Jeremy to make,' said Ames, 'He truly enjoyed his time with Maccabi Tel Aviv, yet, Jeremy's main goal is to play in the NBA.' Eurobasket.com

Maccabi Tel Aviv, Jeremy Pargo 

ESPN's Marc Stein hinted that one of the NBA teams that is interested in Pargo's services once the lockout ends, is the San Antonio Spurs. Ames explained that Pargo's move was well thought out. 'During June we had conversations with a number of NBA teams who expressed a great deal of interest in Jeremy for next season. Jeremy had the option to terminate his agreement with Maccabi, and he exercised his option,' Ames added, ending any possibility of Pargo's return to Nokia Arena this season. Eurobasket.com

San Antonio Spurs, Maccabi Tel Aviv, Jeremy Pargo 

Jeremy Pargo rode his speed and athleticism to a breakout season in 2010-11, fueling Maccabi's drive to the Euroleague finals as a hard-to-harness scoring point guard. But the success and resulting interest from the NBA prompted Pargo to opt out of his Maccabi contract earlier this month, meaning that the younger brother of NBA veteran Jannero Pargo must be convinced he'll be offered a good job in the States if he was willing to walk away from a sure thing to wait out the unknown. ESPN.com

Lockout, Jeremy Pargo 

David Pick of Eurobasket.com was the first to report earlier Sunday that Pargo elected to opt out of his Maccabi contract before an Aug. 1 deadline in the deal. Blatt has since signed Greek guard Thodoros Papaluokas and Farmar (until the lockout ends) to fill the Pargo void. Former Duke guard Jon Scheyer, who played in the D-League last season after recovering from a serious eye injury sustained while playing with the Miami Heat's summer-league team in July 2010, is another recent Maccabi signee. "This has absolutely nothing to do with listening to other offers in Europe," Chicago-based agent Mark Bartelstein said of Pargo's decision to opt out of his Maccabi deal. "This is all about Jeremy's dream to play in the NBA. That's what he wants to pursue." ESPN.com

Lockout, Jeremy Pargo 

Sources in Israel say that the San Antonio Spurs, before the lockout began July 1, expressed the strongest interest in signing the 25-year-old. But sources closer to home indicate that the Spurs are not alone in their curiosity and that Pargo has piqued the interest of several NBA teams. ESPN.com

San Antonio Spurs, Lockout, Jeremy Pargo