EuroLeague announced the amount of fines for Panathinaikos and Olympiacos

Η EuroLeague ανακοίνωσε το ποσό των προστίμων σε Παναθηναϊκό και Ολυμπιακό

EuroLeague Basketball has imposed fines on teams that exceeded the Salary Cap for the current season.

Specifically, Panathinaikos is required to pay the highest fine, amounting to €3,065,691 for exceeding the Salary Cap, followed by Anadolu Efes with €1,071,676, Hapoel Tel Aviv with €998,027, and Olympiacos with €303,290.

The total compensation for exceeding the basic salary level, which amounts to €5,438,684, will be distributed equally among the 15 teams that adhere to the prescribed limits, resulting in each club receiving €362,579.

It is also noted that the compensation paid by the four aforementioned teams is part of the established and applicable competitive balance rules, which had already been announced in 2024.