[REVISION HISTORY]

Olympiacos rejects Walkup’s request for contract release

Updated 9 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-18 20:04 UTC → 2026-08-21 06:50 UTC · added ~~removed~~

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. ~~This development follows weeks of failed negotiations involving~~ 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 ~~up to €6~~ approximately €3 million ~~for~~ annually. While Walkup has expressed a ~~two-year deal.~~ desire to play where he feels ‘respected and valued’, Olympiacos continues to maintain ~~a demand of approximately €3 million~~ its valuation for the player’s sale. The dispute may require intervention from ~~FIBA or~~ the Basketball Arbitral Tribunal (BAT) in Geneva to resolve the player's status.

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