HoopsHype Kostas Papanikolaou rumors

July 16, 2012 Updates
July 15, 2012 Updates
July 2, 2012 Updates
June 30, 2012 Updates

Marc Cornstein, the New York-based agent for Greek small forward Kostas Papanikolaou, said he expects his client will play for the Knicks in 2013-14, despite a two-year contract with Olympiacos. “He definitely wants to play in the NBA, it’s a lifelong dream of his,’’ Cornstein told The Post. “He’s playing at the highest level in the Greek League and it’s the next step. He’s anxious to play sooner than later. He wanted the right fit with the right team and the Knicks we would’ve handpicked.’’ New York Post

Papanikolaou has a $1 million buyout in his Greek League contract for that season. The Knicks could pay about $650,000 of the buyout and he would have to foot the rest. Because the NBA minimum is $500,000, it might not be worthwhile financially for Papanikolaou to come over unless the Knicks offered one of their exceptions. It could get complicated. “It’s a manageable buyout,’’ Cornstein countered. New York Post

June 29, 2012 Updates

The Knicks looked to the future Thursday on draft night, selecting Kostas Papanikolaou of Greece with the 48th overall pick. It was a decision that disappointed many fans because Papanikolaou, a 6-foot-8 forward, will probably play overseas for at least two years. New York Times

June 28, 2012 Updates

Iona's Scott Machado, who is from Queens, and Greek small forward Kostas Papanikolaou also could be in the mix. The Knicks could try to acquire another pick to land Papanikolaou, who's considered a good shooter, slasher and defender. But he likely will have to stay in Europe for another year. Newsday

June 27, 2012 Updates

Olympiacos 22 years old forward impressed everyone against Barcelona and CSKA Moscow and drew the attention of many teams as his agent, George Sfairopoulos, says: “After Euroleague’s Final Four and Greek finals several teams increased their interest and many scouts said even that Kostas is perhaps the best eligible international player this year”. Indeed, a lot of teams have asked to see him personally, to participate in work outs and do medical tests. Due to the preparation of Greek National team, this was impossible, but Papanikolaou went to Eurocamp in Treviso for one day, Sunday 10th of June and met with representatives of various teams (Memphis Grizzlies, San Antonio Spurs, Cleveland Cavaliers, Miami Heat, Philadelphia Sixers, Milwaukee Bucks, Brooklyn Nets, Detroit Pistons, Toronto Raptors, Minnesota Timberwolves and Houston Rockets) for personal interviews. EuroHoops.net

Only three players Greeks have been selected in the top 30 draft picks (at No23 Efthimis Rentzias in 1996 and Kostas Koufos in 2008 and No25 Iakovos Tsakalidis in 2000). However, Papanikolaou’s Greek representative, George Sfairopoulos in collaboration with his U.S. partner, Marc Cornstein of Pinnacle management predict that the 22 years old forward can also be selected even in the first round. “According to our contacts with the teams, we are waiting to be selected either at the end of the first round or at the first picks of the second”, says Sfairopoulos explaining that “everything will depend on which team will want to choose him this year and have him after next season, but also on how the situation will be after the trades”. His contract with Olympiacos doesn’t include an NBA buy out until the summer of 2013. EuroHoops.net

June 10, 2012 Updates
June 5, 2012 Updates
June 3, 2012 Updates

During Euroleague Final Four in Istanbul, his Greek representative George Sfairopoulos was “pressured” by many American colleagues of his. Brad Ames, Justin Zanik, Lance Young and Marc Cornstein were among the agents that discussed the possibility of getting Kostas Papanikolaou’s rights in the other side of the ocean. Finally, Cornstein and «Pinnacle management» were the ones that reached an agreement with Olympiacos’ forward and will try to boost his chances of getting in this year’s NBA draft, where he is automatically eligible. EuroHoops.net

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