Olympiacos has announced a new agreement with forward Panagiotis Vasilopoulos, who has extended his contract for four more years until the end of the 2011-12 season. The announcement took place just hours before the do-or-die Greek League semifinals game against Maroussi. Vasilopoulos (202, 24) grew up with Iraklis Pyrgou and moved to PAOK, where he played from 2001 to 2005 before joining Olympiacos. He has averaged 6.8 points and 2.7 rebounds in 18 Euroleague games this season, boosting his numbers up to 8.8 points and 3.1 rebounds in the Greek League so far. Vasilopoulos is a regular member of the Greek national team, as he won the gold medal at EuroBasket 2005 and reached the 2006 World Championships final. Vasilopoulos also won respective bronze medals at the 2002 European Under-18 Championship and the 2003 World Under-18 Championship. "Olympiacos helped me to become what I am today. It is my team and one of the best in Europe. To me, it is the best club and little by little, we will reach vert high, I am sure of that," Vasilopoulos said to the club's official website. "Coach Panagiotis Giannakis has helped me a lot in my career since the first moment I met him. He believes in me and I see what he wants from me and the team. Of course, he was a main factor in my decision".