The Greek economy is in horrible shape. The eurozone has been on shaky ground for years. And, yes, the Greek League is barely surviving.
"Teams are compiling huge debts even as player salaries shrink," Ken Maguire wrote in an SI.com report in April. "Desperate for relief, the league has asked players who are owed money to accept a 50 percent 'haircut,' just like Greece's bondholders did. Ten of 13 clubs are several months late on payments, said the players' union, describing the problems as 'urgent.' "
Despite all of the aforementioned problems, Greece remains a viable option for bj-league veterans because they know the following: There is practically zero stability in the bj-league as securing a second one-year contract is often nothing more than a fantasy.