 Performing efficient basketball, he helped Panathinaikos win their second EuroLeague title in Thessaloníki, as well as their third straight Greek League championship, downing PAOK in the final.Together with Dejan Bodiroga, he led Panathinaikos in scoring in the final playoff series, averaging 15.7 points per game.The following season, Alvertis helped lead Panathinaikos to the SuproLeague Final Four, averaging 13.4 points per game.