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Planinic: Deal with Spanish Team '99% Finished', Buyout Expected

Zoran Planinic will leave the Nets for Tau Ceramica, the Spanish Euroleague power, say media reports out of Croatia, Israel, Spain and now New Jersey. Planinic called the deal "99% finished". An official announcement is expected in days. He rejected a lesser bid from Maccabi Tel Aviv on Friday. Planinic will be bought out by the Nets at less than half his $1.8 million salary. The move should open a roster spot for Mile Ilic, who shares an agent with Planinic. Planinic and Ilic could both commit to their new teams this week.