3:36pm: Petro has agreed to terms with China's Zhejiang Guangsha Lions, agent Giovanni Funicello tells Jorge Sierra of HoopsHype. The deal doesn't include an NBA opt-out (Twitter links).
11:32am: An international report surfaced earlier today suggesting that free agent big man Johan Petro may be headed to a team in Spain, but that's not the case, according to agent Misko Raznatovic. Raznatovic tweets that Petro's "next destination is China," suggesting that Petro will sign with a CBA team, though the agent doesn't name the club.
Hoops Rumors' agency database lists Petro as being represented by Excel Sports Management, but Excel has a working relationship with Raznatovic and his BeoBasket agency when it comes to international players and destinations. As such, it makes sense that Raznatovic would have the scoop on where Petro is headed.
After being sent to the Hawks last summer as part of the blockbuster deal that saw Joe Johnson land in Brooklyn, Petro played limited minutes in 31 games for Atlanta last season. Earning $3.5MM in the final year of his contract, the 27-year-old averaged 3.5 PPG and 3.6 RPG, recording a PER of 11.0.