Saturday, Oct. 1, 2011
Rome — Italian club Virtus Bologna said it has reached a verbal agreement with Kobe Bryant for the Los Angeles Lakers star to play in Italy during the NBA lockout.
"We have reached an economic deal," Virtus president Claudio Sabatini told a local radio station. "There's still some things to arrange but at this point I'm very optimistic. I would say it's 95 percent done."
A person with knowledge of the negotiations said on Friday that the sides have settled on a $3 million contract for the opening 40 days of the Italian league season. The person spoke on condition of anonymity because the deal has still not been signed.