Alek Peters departs Olympiacos, joins Armani Milano

American guard Alek Peters announced his departure from Greek club Olympiacos after four seasons, during which he helped the team win the EuroLeague, three Greek league titles and two domestic cups. He posted an emotional farewell video on social media, thanking the fans and signing off with the phrase “forever red.” Olympiacos responded with its own tribute video that highlighted his key moments. Peters’ next contract is with Italy’s Armani Milano, where he will take on a leading role. To mark his exit, Olympiacos staged a farewell dinner at Peters’ restaurant “TwentyFive” in Mikrolimano, displaying the season’s trophies before the team’s celebration of the successful campaign.