Rakočević is 1.94 m (6 ft 4½ in) tall. A two-time All-EuroLeague Team member and three-time Alphonso Ford EuroLeague Top Scorer Trophy winner, he played at both the point guard and shooting guard positions, but spent the vast majority of his career playing as a shooting guard. He is the son of Serbian former basketball player Goran Rakočević, who played as a point guard for Crvena zvezda. Due to his authentic looks, he is nicknamed "Gargamel".\n', '

Rakočević played with Crvena zvezda and Budućnost before going to the NBA. With Crvena zvezda, he won the YUBA League championship in the 1997–98 season, and finished second in the Korać Cup in the same season.\n', '

Rakočević was selected by the Minnesota Timberwolves in the 2nd round (51st overall) of the 2000 NBA Draft. He did not play until the 2002–03 NBA season, in which he amounted 244 minutes in 42 games and averaged 1.9 points, 0.8 assists, and 0.4 rebounds per game. He was released after the season and signed by the San Antonio Spurs, who also released him shortly after.\n', '

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