After his release in the NBA, Daniel Theis found a new club. In the future, the center will no longer play basketball in the USA, but in the French league.
Theis has played in the NBA since 2017, most recently at the New Orleans Pelicans. After a trade, he landed at the Oklahoma City Thunder two weeks ago, but was then released from his contract. As part of the many deals around the Trade Deadline, in which players are postponed between two or more clubs, Theis had got on the siding.
This is bitter, also for an experienced national player and NBA veteran like Theis, but is part of normal operation in the US Profiliga. In the past three years, Theis had had to fight for a place in the rotation again and again. In Monaco, the long-standing NBA professional is to play a major role again in the future.
Basketball players can also earn millions in the Euroleague
Again and again players had returned to the Euroleague in the recent past, including seasoned NBA players such as the Hernangomez brothers Juancho and Willy in 2023. At the beginning of this season Evan Fournier, now at Olympiacos, and Cedi Osman (to Panathinaikos) returned Long years in the United States back in Europe’s premier class.
Especially the major clubs from southern Europe, often funded by rich club patrons, attract millions of salaries and tax breaks – and now move to dimensions that are no longer far from the lower salary categories in the NBA.
Theis recently earned $ 2.8 million in New Orleans. Monaco recently disclosed its total budget of 20.7 million euros via the French league. Her star and top earner Mike James should earn two million euros a year, and there should also be other players with a seven -digit salary at Monaco, and Theis should also fall into this category.
As Monaco – Basketball Club with a lot of money and big ambitions
The basketball department of AS Monaco is directed by a heavy entrepreneur: Aleksej Fedoricsev, born in the Russian Krasnogorsk, but equipped with Hungarian citizenship. FedoricSev has made a billion dollar assets in raw material trade, but also has shares in trading ports in Ukraine. Last year the 69-year-old made the headlines after Italian authorities confiscated some of his millions of owners in Italy in the course of corruption investigations.
Monaco’s basketball players experienced an ascent to the European top under his leadership in the past seasons. In the Euroleague, Monaco even made it to the final four years ago. They are clearly on playoff course again this season. For Theis, the season could still end with a great success.