May 2012 Fenerbahce Beko Wiretap
Theo Papaloukas is making progress in contract talks with Fenerbahce Ulker.
A deal could be finalized by the end of this week, according to a source.
Papaloukas spent last season with Maccabi Tel Aviv, capturing both the Premier League and Adriatic League titles.
Fenerbahce is set to announce the signing of David Andersen, an Australian center who most recently played for Montepaschi Siena.
Andersen shot 37.2 percent for Australia at the London Games.
Bo McCalebb has signed a three-year contract with Fenerbahce Ulker.
McCalebb, the reigning scoring champion of the Euroleague, arrives from Montepaschi Siena, where he averaged 16.9 points on 63.7 percent shooting.
McCalebb played college basketball at the University of New Orleans.
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