They'd be stupid not to keep him.
According to inside information, Drew Nicholas(1.93-SG) agreed to continue his career in Panathinaikos for the next 2 seasons. In Panathinaikos they're expecting the imminent loss of Vassilis Spanoulis and instead of waiting they've decided to tackle other issues. The deal should be announced soon, possibly even tomorrow.
Nicholas has been a part of Panathinaikos for the past 2 seasons. The urban legend is that Nicholas became a member of Panathinaikos when vice-president Thanasis Giannakopoulos, saw him in a game against Efes Pilsen on 13/02/2008. Nicholas scored 29 points defeating Panathinaikos single-handedly. Thanasis had to have him. And now Nicholas will remain in Panathinaikos for 2 more seasons. Nicholas himself has said that Panathinaikos is the ideal team for him to be. It took him about a season to adjust to Obradovic's plays and now Nicholas has become an almost irreplaceable part of the team. Nicholas averaged 10.5 points 1.8 rebounds and 2.2 assists in 16 games in the Euroleague for Panathinaikos.
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