Carlos Arroyo Leaves NBA for Maccabi Tel Aviv

[FLIP!]

Aug 03, 2008 6:10 PM EST

HAARETZ newspaper in Israel is reporting Orlando free agent agent guard Carlos Arroyo is the latest NBA player to make the jump overseas.

Arroyo has reportedly signed a three-year deal worth $7.5 million with Maccabi Tel Aviv.

Last season, Arroyo played in 62 games for the Magic averaging 6.9 points and 3.5 assists.

 

[A.E]

Yup, Arroyo's Agent has confirmed this deal....

Sources in Israel said Arroyo will receive an estimated $2.5 million net next season -- roughly the NBA equivalent of a $5 million salary before taxes -- as part of a three-year contract. The deal includes an opt-out provision that will enable Arroyo to return to the NBA after each of the next two seasons if he chooses.

...there's why...money, money, money.

 

[RipCity32]

Another one bites the dust.

 

[djhipp]

He signed with who?