The annual salary before tax exceeds $5 million. The former Wizards inside veteran chooses Greek giants without hesitation?

Previously, Greek League giants Panasinaikos officially announced that the team had signed former NBA inside player Richaun Holmes to officially join the team. European basketball journalist Luca D 'Alessandro later updated his social media account and announced the details of the contract. D 'Alessandro said Holmes received a two-year contract from the team, with the second-year contract part containing player options, and he also has an NBA jump clause next summer. Holmes' first annual salary is 2.35 million euros after tax. If the contract in the second year is effective, his after-tax salary will reach €2.5 million.

Homes was born in October 1993 and is not yet 32 years old. He is 206cm tall and weighs 107kg. He is the inside player selected by the Philadelphia 76ers in the 37th pick in the second round in the 2015 NBA Draft. Holmes has played for the Philadelphia 76ers, the Sacramento Kings, the Dallas Mavericks and the Washington Wizards in the NBA. He has played 489 games in the NBA regular season, averaging 19.1 minutes per game, averaging 8.5 points, 5.3 rebounds, 1 assist, 0.5 steals and 0.9 blocks, and 0.8 turnovers and 2.5 fouls. He has shot 60.5% from the field, 26.9% from three-point shooting percentage and 75.1% from free throws. Holmes once played well for the Kings and got a good contract, but after moving to the Mavericks, his performance dropped significantly and his playing time was getting less and less.

In the NBA regular season last season, Holmes made a total of 31 appearances for his Wizards, averaging 17.2 minutes per game, averaging 7.4 points, 5.7 rebounds, 1.4 assists, 0.3 steals, and 0.7 blocks, as well as 0.7 turnovers and 1.6 fouls, shooting percentage of 64.7%, three-point shooting percentage of 0%, and free throw shooting percentage of 83.3%. Holmes' playing time last season was very limited, and his performance on the court was also very average and did not have a very outstanding effect. The Wizards also chose to cut him this summer. The NBA free market has been open for more than a month, and he has not received a contract, which also shows that his market conditions are also very average. If Holmes chooses to continue to stay in the NBA, he can basically only get a veteran's basic salary contract. In the 2025-26 season, the basic salary of veterans with a working age of more than 10 years is US$3.63 million, which may be less than US$1.8 million in the after-tax salary. Now, Holmes' contract has reached 2.35 million euros after tax in the first year, and has exceeded 5 million US dollars before tax, which is equivalent to a contract of the mini middle class. It has to be said that European giants are really generous now. For veterans like Holmes who have begun to decline and are over 30 years old, they have also directly issued such large contracts. They are indeed too competitive. With such a price, many NBA veterans may choose to switch to the European arena in the future.