Milicic, the second overall pick in the NBA draft, will
compensate his European team in six annual installments, Pistons
president Joe Dumars said Tuesday.
No other details of Milicic's financial settlement with Hemofarm
Vrsac were revealed at a news conference attended by Dumars and
Hemofarm Vrsac manager Marko Ivanovic.
The Serbian team claimed it had Milicic under contract through
2009 and filed a lawsuit in New York against the player's American
agent. The club was demanding at least $10 million in punitive
The Pistons had said they would not proceed with negotiations
until the situation with Milicic's former team was resolved.
Milicic has angered Serbia and Montenegro basketball officials
by refusing to play for the national team at the European
Championship later this month in Sweden.