Just to update the fans here, Sofoklis Schortsanitis "Big Sofo" has officially signed a 2 year contract with the Israeli Euroleague club Maccabi Tel-Aviv. So that puts and end to that whole strange saga. He signed a two year contract and he said that he will not be considering the NBA again until that contract is over.
Anyway, Maccabi is one of the bigger clubs in the Euroleague and this time he will be the starting center, or at least he was signed to be the starting center. That is a move up for him in his career because he was always a backup or third string player in Olympiacos. For the first time in his career he will be a starter in a fairly big (not elite though) Euroleague club. That is IF he keeps that job. He was signed to be their starter but he does not have any guarantees of keeping that spot if he does not perform well.
Anyway, next year for the first time we will be able to see if he can handle being a starter on a decent level Euroleague team.
He will earn €600,000 euros net income per season, plus his agent's fees paid for by the club.
If you want to know the NBA equivalent (gross income and no agent fees paid) it is about $1.5 million per season as the NBA pays.
So basically, he signed for what in the NBA is a 2 year $3 million contract.