Lietkabelis Panevezys reached a new agreement with head coach Nenad Canak to keep working together next season. Canak, age 45, joined the club in November 2018 and helped Lietkabelis reach the Lithuanian League semifinals in 2019 and 2021. He also led Lietkabelis to the Lithuanian Cup championship game last season. A former player, Canak has also coached Spartak Subotica and Partizan NIS Belgrade of Serbia. He helped Partizan win the Serbian Cup title in 2018. Canal has a 3-13 EuroCup coaching record (18.8% wins) with Partizan and Lietkabelis. The club also announced that five of its players - Marius Valinskas, Tadas Vaiciūnas, Vytenis Lipkevicius, Gabrielius Maldunas, and Margiris Normantas - are under contract for next season.