Kostas Papanikolaou signs two-year contract extension with Olympiacos

On July 11, 2026, 35-year-old forward Kostas Papanikolaou officially signed a two-year contract extension with Olympiacos. The deal secures his stay at the Peace and Friendship Stadium (SEF) until 2028. The total value of the contract is reported to be 2 million euros. Papanikolaou, who currently serves as the captain of the Piraeus team, recently led the club to their fourth EuroLeague title. This achievement marks his third personal EuroLeague victory, following his previous titles in 2012 and 2013. The player expressed his intention to conclude his career with the club. This agreement ensures his continued leadership presence within the Olympiacos roster.