Former Spurs forward Haislip signs with Panathinaikos

ATHENS, Greece (AP) -- Reigning Greek and European champion Panathinaikos has announced the acquisition of forward Marcus Haislip, who was recently waived by the San Antonio Spurs.

There was no formal team release, but a team executive announced the acquisition to the fans at halftime in Panathinaikos' Saturday league match against Kolossos Rhodes.

Panathinaikos (12-1) leads the Greek League along with archrival Olympiakos and has reached the Final 16 in the Euroleague, but has been hit with injuries, notably to forwards Costas Tsartsaris and Mike Batiste. It has won nine of the last 10 Greek championships and five European championships since 2000.

The 29-year old, 2.08-meter (6-10) Haislip played sparingly in four NBA seasons with three different teams since drafted 13th in 2002, averaging 3.5 points in 89 regular-season games. He also played two seasons in Turkey and two in Spain. He was released by the Spurs on Friday "to pursue opportunities outside of the NBA."