The news was told by Pitinos agent that Panathinakos is a strong traditional Greek basketball team and that Pitino will coach them for the rest of the season. Pitinos coaching debut is expected on December 28.
Pitinos goal is to return to coaching in the NBA, which he hopes will serve as a pedal for Panathinakos.
Pitino, 66, a former NCAA coach and former Louisville University champion at the National Championships, was caught up in a Luda money scandal a year ago, investigated by the FBI and fired.
Pitino will travel to Athens after Christmas to lead the current Panathinakos team, which is talented but has a fluctuant performance. Some of the players in the team are former NBA players.
Panathinakos started the season 6-7 in the European Union and did poorly, ranking only 10th in the league. It is worth mentioning that Panathinakos also has Tanasis, the elder brother of Ato Kunbo, the alphabet brother of the bucks.