It was the general consensus that Sofoklis Schortsanitis(2.06-C) was going to be released by Olympiakos and seek another team to continue his career. There were also rumors that the Clippers wanted to check him out. The situation has changed though. According to redplanet.gr, that is directly affiliated to the team of Olympiakos that Sofoklis Schortanitis is staying at least for another season from the 2 remaining in his contract.
In contrast to other players Schortanitis didn't sign a very big contract initially so it's not really a burden for the wealthy administration of Olympiakos. One might say it's a luxury or you could even say that they'd prefer to keep him off the market rather than release him. There is another parameter here. Coach Kazlauskas of the National Team of Greece is interested to see in what condition Schortsanitis is in. Perhaps he will be included in initial squad of the National Team. Together they had the best season (2005-2006) in the career of Big Sofo. This season he only averaged 4.4 points and 1.8 rebounds in a total of 13 games. Schortsanitis managed to lose a lot of weight recently but he is still not in his ideal condition.