of 12 squads) at the 2004 Athens Olympics and then failed to reach the quarter-finals of the 2005 European Championships held on home soil in Serbia. He resigned after the second failure, citing health reasons and a desire to spend more time with his wife and daughters. Business ventures Paspalj also decided to try his hand at business by investing heavily in the ambitious Aqua Park project in New Belgrade's Blok 44. The construction started in fall 2005. Initial projection of a summer 2006 opening turned out to be too optimistic, so, according to Paspalj, the new target for grand opening moved to the summer of 2007, however even that wasn't to be. He eventually pulled out of the venture in December 2007, which is when the project was taken over by Novi Sad based Genel company. Serbian Olympic Committee In February 2009, after Vlade Divac won the presidency of the Serbian Olympic Committee, he appointed Paspalj to be his second in command. See also List of Serbian NBA players References S Milkom zauvek, Ilustrovana Politika (issue# 2336), October 25, 2003 "Paspalj: Akva park sigurno 2007!", Press, May 30, 2006 External links BASKET ARIS Unofficial fans site dedicated to ARIS B.C. nba.com/historical/playerfile 1966 births Living people 1990 FIBA World Championship players Aris B.C. players Basketball players at the 1988 Summer Olympics Basketball players at the 1996 Summer Olympics Competitors at the 1990 Goodwill Games FIBA EuroBasket-winning players FIBA World Championship-winning players Greek Basket League players KK Budućnost players KK Partizan players Medalists at the 1988 Summer Olympics Medalists at the 1996 Summer Olympics National Basketball Association players from Montenegro National Basketball Association players from Serbia Olympiacos B.C. players Olympic basketball players of Yugoslavia Olympic medalists in basketball Olympic silver medalists for Serbia and Montenegro Olympic silver medalists for Yugoslavia Panathinaikos B.C. players Panionios B.C. players Paris Racing Basket players Power forwards (basketball) San Antonio Spurs players Serbian expatriate basketball people in Greece Serbian expatriate basketball people in France Serbian expatriate basketball people in Italy Serbian expatriate basketball people in the United States Serbian men's basketball players Serbs of Montenegro Small forwards Sportspeople from Pljevlja Undrafted National Basketball Association players Virtus Bologna players Yugoslav expatriates in the United States Yugoslav men's basketball players