The most important case is the renewal of captain Vasilis Spanoulis' contract, which expires at the end of current season. The 34-year-old guard and MVP of the finals has expressed his desire to end his playing career as member of the Reds (he joined them from Panathinaikos six years ago) and there is a slight optimism that the negotiations with his agent will be concluded with success soon.
Head coach Giannis Sfairopoulos certainly wants to keep Giorgos Printezis, Vangelis Mantzaris, Kostas Papanikolaou, Ioannis Papapetrou, Matt Lojeski, Daniel Hackett and Dimitris Agravanis from the current squad, while American center Patric Young, who missed almost the whole season because of a serious injury, is expected to return strong and ready.
However, Olympiakos' front-line will need to be strengthen up, since Othello Hunter is leaving Greece to join Real Madrid after two successful years with two championship titles, while Serbian international Nikola Milutinov's contract expires at summer of 2018, but there is a possibility to be replaced from talented Vasilis Kavvadas, who spent 2015-16 season on loan to Arkadikos BC.
The Reds are monitoring the cases of 24-year-old Canadian power forward/center Khem Xavier Birch (Uşak Sportif) and Okaro White, who won Basket League's regular season's MVP award with Aris, as solid back-ups of Giorgos Printezis and Patric Young, who are expected to be the starters.
Meanwhile, they will also search the market for a foreign guard that could rest Vasilis Spanoulis, since experienced American DJ Strawberry will most likely leave Piraeus because of his reduced playing time after the signing of Kostas Papanikolaou, who is six years younger and a Greek international, in January.
His compatriots, Hakim Warrick and Darius Johnson-Odom, will also be released immediately, along with power forward Michalis Tsairelis, while 28-year-old guard Giannis Athinaiou proved (especially at the beginning of the season) that he can perform in top level, is still under contract and has many chances to remain a member of the champions.