teammates, and thus his team lost the final. Papaloukas was also a key member of CSKA's 2007–08 EuroLeague championship team. Papaloukas was then pursued in free agency by the NBA clubs the Boston Celtics, Los Angeles Lakers, Milwaukee Bucks, and the Miami Heat to fill their point guard spot. However, on July 7, 2007, Greek newspapers reported that Papaloukas agreed to a newly structured 3-year contract with CSKA, worth €10.5 million net income. Olympiacos On June 20, 2008, one year after his contract extension with CSKA, Papaloukas used an option to leave his contract with no buyout to sign a three-year contract with Olympiacos with an annual salary of €3.5 million net income. In the first two years of his contract, he helped Olympiacos reach the EuroLeague Final Four, averaging 8 points and 5.2 assists in the EuroLeague 2008–09 season, and 7.4 points and 5.1 assists in the EuroLeague 2009–10 season. In the third, and last, year of his contract, the team failed to advance to the EuroLeague Final Four, losing 3 games to 1 to Montepaschi Siena in the EuroLeague quarterfinal playoffs, despite having the home court advantage. Maccabi Tel Aviv On August 13, 2011, Papaloukas signed a contract with the Israeli team Maccabi Tel Aviv, the finalists of the 2010–11 EuroLeague. In Macccabi, Papaloukas didn't get much playing-time, averaging only 9.1 minutes per game in the EuroLeague, and playing in only 8 Israeli Super League 2011–12 season games. The shortage of playing-time led to his release, after only one disappointing season with the yellows. Back to CSKA Moscow In December 2012, Papaloukas was invited to a tryout with CSKA Moscow. He was signed by the team, and then officially returned to the court in a EuroLeague game against Anadolu Efes, on December 28, 2012. After the end of the 2013 EuroLeague Final Four in London, he announced his retirement from playing professional basketball, effective at the end of the season. National team career Papaloukas was part of the core element of the Greece men's national basketball team. He played at the following EuroBaskets: EuroBasket 2001 in Turkey, EuroBasket 2003 in Sweden, EuroBasket 2005 in Serbia and Montenegro, and EuroBasket 2007 in Spain. Papaloukas, who was already well-established in European basketball as a result of appearances in three consecutive EuroLeague Final Fours with CSKA Moscow, achieved an acclaimed position among the elite of European basketball at the EuroBasket 2005