7Days Eurocup revenues raised by 120%

2017-06-06T20:23:25+00:00 2017-06-06T20:36:00+00:00.

Aris Barkas

06/Jun/17 20:23


IMG and EuroLeague basketball are making a push in order to create more revenues for the EuroCup and its teams for the upcoming season, as the competition is returning to normality.

By Aris Barkas/ barkas@eurohoops.net

After a year in which the ongoing FIBA – EuroLeague debate had as a result a 20 teams competition, Eurocup’s format will include 24 teams and also the chance for them to have revenues.

While those revenues can’t be compared to the 30 million euros divided this season by the EuroLeague teams, the worst case scenario will be a sum of more than three million euros which will be divided to 24 clubs, a sum that represent a rise of revenues by 120%. This is pretty much a little bit more than the money each Basketball Champions League will get – with the exception of the Basketball Champions League winner and the one million euros bonus – and the money are guaranteed by the competition. Revenues may end up being more as the TV rights are now centralized.

As it was announced today: “Euroleague Basketball and IMG agreed an improved commercial structure and defined a new revenue distribution model similar to the EuroLeague’s centralised structure, which will positively impact the participating clubs with a guaranteed increase in the sports pool, as well as a new market pool distribution based on the TV contracts signed in each territory. The new media structure also includes a significant investment in production to improve the overall content offering. As a result, fans will be able to enjoy better quality broadcasts and a wider range of content on digital platforms, including additional highlights and the ability to watch live games on Euroleague.tvEuroleague Basketball will continue to cover the officiating expenses for every game. The 7DAYS EuroCup will be the European basketball club competition with the second highest average economic distribution per club, behind only the Turkish Airlines EuroLeague“.