# Olympiacos rejects Walkup’s request for contract release

> Live situation record from CLSTR: https://clstr.news/situations/olympiacos-contract-talks-for-thomas-walkup
> Updated: 2026-08-20T16:43:00.000Z. Sources: 31. Developments: 9.

The contract dispute between Olympiacos and Thomas Walkup escalated on 18 August 2026, after the guard submitted a unilateral written request for immediate release from his contract. Olympiacos rejected this request, characterizing it as being ‘without cause’ and asserting that Walkup is legally bound to the club until the summer of 2027.

Walkup has reportedly sought legal recourse through the Euroleague court, arguing that the disparity between his current contract and the offers he has received justifies a termination. In response, Olympiacos has summoned him to report to Greece by 20 August for scheduled medical and ergometric examinations, warning it will use ‘all available legal means’ to protect its rights, including potential legal action for lost profits and defamation if he fails to appear.

Following his failure to appear for the scheduled examinations on 20 August, Olympiacos announced it would call the player to an immediate hearing to explain his absence. The tension is driven by Walkup’s interest in joining Dubai BC, which has reportedly offered approximately €3 million annually. While Walkup has expressed a desire to play where he feels ‘respected and valued’, Olympiacos continues to maintain its valuation for the player’s sale. The dispute may require intervention from the Basketball Arbitral Tribunal (BAT) in Geneva to resolve the player's status.

## Claims

- Dubai BC is actively searching for a playmaker. (corroborated by 3 sources)
- Acquiring Thomas Walkup depends on an agreement with Olympiacos regarding his contract release. (corroborated by 3 sources)
- Thomas Walkup submitted a unilateral written complaint to Olympiacos BC requesting his immediate release. (corroborated by 3 sources)
- Walkup's contract with Olympiacos is valid until the summer of 2027. (corroborated by 3 sources)
- Walkup is expected in Greece on Thursday, August 20, for scheduled medical and ergometric testing. (corroborated by 3 sources)
- Olympiacos will use all legal means to protect its rights if Walkup fails to appear for testing. (corroborated by 3 sources)
- Kamenijevic expressed interest in seeing Nikola Jokic play for Panathinaikos. (corroborated by 2 sources)
- Panathinaikos and Olympiacos are considered major favorites in the EuroLeague. (single source)
- Dubai BC reportedly offered Walkup a two-year contract worth approximately six million euros. (single source)
- Olympiacos reportedly demands 3 million euros for the sale of the player. (single source)

## Timeline

### 2026-08-20: Thomas Walkup enters contract dispute with Olympiacos B.C

Thomas Walkup has filed a unilateral complaint to terminate his contract with Olympiacos B.C. and missed scheduled medical tests, seeking a move to Dubai BC amid a legal standoff with the club.

2 sources. https://clstr.news/cluster/thomas-walkup-enters-contract-dispute-with-olympiacos-bc

### 2026-08-18: Olympiacos B.C. enters legal dispute with Thomas Walkup

Olympiacos B.C. and guard Thomas Walkup are in a legal standoff after Walkup unilaterally terminated his contract to pursue an offer from Dubai BC. The club maintains his deal is valid until 2027.

19 sources. https://clstr.news/cluster/olympiacos-bc-rejects-thomas-walkups-unilateral-contract-termination-request

### 2026-08-16: Dubai BC GM discusses Thomas Walkup interest and EuroLeague outlook

Dubai BC GM Dejan Kamestenijević discussed interest in Thomas Walkup, noting that a deal depends on Olympiacos, and expressed support for Panathinaikos' pursuit of Nikola Jokić.

9 sources. https://clstr.news/cluster/dubai-bc-gm-discusses-thomas-walkup-interest-and-euroleague-favorites

### 2026-08-08: Olympiacos pursues Manfred Ugalde and Thomas Walkup in transfer activity

Olympiacos is pursuing multiple transfers, including Costa Rican striker Manfred Ugalde for football and negotiating potential moves involving Thomas Walkup and Dubai in basketball.

4 sources. https://clstr.news/cluster/olympiacos-pursues-manfred-ugalde-and-thomas-walkup-in-transfer-activity

### 2026-07-30: Thomas Woakup Transfer Stalemate Between Olympiacos, PAOK and Dubai Club

Olympiacos and PAOK dispute Thomas Woakup's transfer as a Dubai club offers €870 k, Olympiacos demands €3 m, and PAOK may meet €1.5 m.

3 sources. https://clstr.news/cluster/thomas-woakup-transfer-stalemate-between-olympiacos-paok-and-dubai-club

### 2026-07-26: Olympiacos rejects Dubai BC's final offer for Thomas Wokap

Dubai BC's final €870k offer for Thomas Wokap was rejected by Olympiacos, which expects a €3 million buy‑out and is considering a higher‑salary contract for the player.

2 sources. https://clstr.news/cluster/olympiacos-rejects-dubai-bcs-final-offer-for-thomas-wokap

### 2026-07-25: Olympiacos faces contract deadlock over Thomas Walkup and Tyler Dorsey

Olympiacos is negotiating two contract issues: a stalemate over US guard Thomas Walkup, who cites a Dubai offer, and a salary‑raise discussion with Tyler Dorsey, with talks slated for the coming week.

2 sources. https://clstr.news/cluster/olympiacos-faces-contract-deadlock-over-thomas-walkup-and-tyler-dorsey

### 2026-07-24: Olympiakos rejects Dubai BC's €1 million bid for point guard Thomas Woocap

Dubai BC raised its offer for Olympiakos' point guard Thomas Woocap to near €1 million, but Olympiakos rejected it, citing the player's contract until 2027 and no official agreement.

2 sources. https://clstr.news/cluster/olympiakos-rejects-dubai-bcs-1-million-bid-for-point-guard-thomas-woocap

### 2026-07-11: Olympiacos offers Thomas Walkup a €1.5 M per‑year extension as Dubai BC proposes a higher bid

Olympiacos proposes a €1.5 M per‑year, three‑year extension for Thomas Walkup, while Dubai BC counters with a €2.5‑3 M per‑year offer, intensifying contract negotiations.

6 sources. https://clstr.news/cluster/olympiacos-offers-thomas-walkup-a-15-m-peryear-extension-as-dubai-bc-proposes-a-higher-bid

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Cite as: Olympiacos rejects Walkup’s request for contract release. CLSTR, https://clstr.news/situations/olympiacos-contract-talks-for-thomas-walkup
