Milan announced on Thursday that forward Alec Peters has signed a two-year contract with an option for a third season, as EuroLeague clubs continue shaping their rosters for the 2026-27 campaign. Peters is leaving Olympiacos after four years in Piraeus, where he was mostly the backup to Sasha Vezenkov.
The 2025-26 season is already behind him statistically, as Peters averaged 7.5 points and 2.8 rebounds in a little more than 15 minutes per game. He was far more productive in Olympiacos' Final Four run, posting 16.5 points and 4.5 rebounds on average against Fenerbahce and Real Madrid.
His move could also affect the chase for Bonzie Colson, whom Maccabi Tel Aviv wants to bring back. Olympiacos is also monitoring Colson, who could leave Fenerbahce this summer, and sees him as a possible replacement for Peters in Piraeus.