Shooting guards

SOCCER: Iraklis had three points deducted off its tally for the 2016-17 season on Wednesday for the delayed payment of dues to a former player, and is getting relegated to the second division. Levadiakos is staying up instead.

Olympiakos might have lost the 2016-17 Euroleague basketball final, but they put a total of 1.73 million in their bank account. Based on announcements made by Euroleague CEO Jordi Bertomeu on the pool sharing of teams that took part in the competition, each win during the regular season brought in 40,000 euros, which means 760,000 for the reds.

Fenerbahçe became the first Turkish club to claim European basketball's top club trophy with a magnificent 80-64 victory over Olympiacos on May 21.

The victory marked another milestone for Fenerbahçe's legendary coach Zeljko Obradovic, who lifted the trophy for the ninth time with five different teams. 

Fenerbache are leading at the end of the first half in the 2016-17 Euroleague final in Istanbul 39-34. The Turkish team is dictating the pace from the start of the match, and managed to open up a 10-point lead late in the 2nd quarter, but the Greek champions scored some crucial 3-point shots to cut the deficit to 5 points.

Greek club Olympiacos grabbed the first ticket to the Turkish Airlines Euroleague Final Four final, beating CSKA Moscow 82-78 on May 19 in Istanbul's Sinan Erdem Dome.

Georgios Printezis led the winning side with 15 points and seven rebounds, while Vassilis Spanoulis and Kostas Papanikolaou added 13 points each.

Olympiakos came from 13 points down to beat favorite CSKA Moscow 82-78 at the Euroleague semifinal on Friday in Istanbul and advance to Sunday's final.

In the trophy game the Reds will face the winner of the other semifinal between Real Madrid and Fenerbahce.

More to follow...

CSKA Moscow are leading Olympiakos 18-12 after the first quarter of the Euroleague semi-final in Istanbul.

Sports fans will be glued to their TV sets Thursday as the Euroleague Basketball Final Four gets underway in Istanbul. Greek national champion Olympiakos takes on defending Euroleague champion CSKA Moscow at 6.30 p.m. (Greek time) before Spanish giant Real Madrid goes head to head with Turkish side Fenerbahce at 9.30 p.m.

Sports fans will be glued to their TV sets Thursday as the Euroleague Basketball Final Four gets underway in Istanbul. Greek national champion Olympiakos takes on defending Euroleague champion CSKA Moscow at 6.30 p.m. (Greek time) before Spanish giant Real Madrid goes head to head with Turkish side Fenerbahce at 9.30 p.m.

Olympiakos and Panathinaikos have taken their first step toward reaching the finals of the Basket League, beating Aris and AEK respectively at the start of the best-of-five semifinal series.