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Carlos Arroyo moves to Israel

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Carlos Arroyo officially joins Maccabi Tel-Aviv: "Sources in Israel said Arroyo will receive an estimated $2.5 million net next season -- roughly the equivalent of a $5 million NBA salary after taxes -- as part of a three-year contract. The deal includes an opt-out provision that will enable Arroyo to return to the NBA after each of the next two seasons if he chooses."