Arroyo signs three-year contract to play for Israel's Maccabi Tel-Aviv
Veteran point guard Carlos Arroyo, whose future with the Orlando Magic appeared to vanish after limited minutes in the playoffs and the Magic's recent signing of Anthony Johnson, has accepted an offer from Israeli giants Maccabi Tel-Aviv.
Arroyo's agent, Leon Rose, confirmed the signing to ESPN.com on Sunday night after Maccabi Tel-Aviv coach Effy Birenboim appeared on the country's national sports network (Sport5) to tout what is believed to be the richest transaction in Maccabi's history.
Sources in Israel said Arroyo will receive an estimated $2.5 million net next season -- roughly the equivalent of a $5 million NBA salary after 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.
Another player to europe. I was an arroyo fan when he started to kill in Utah, but kinda became sour on him after his funk with Sloan. He hasn't had a huge role on the magic for the last few seasons so I can see why he's goin overseas.
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