By Johnny Askounis/ info@eurohoops.net
Collecting team budgets for the 2024-25 season, Germany’s easyCredit BBL presented financial projections for the first time in league history, in an effort for more transparency.
However, Turkish Airlines EuroLeague participant FC Bayern Munich alongside Telekom Baskets Bonn, EWE Baskets Oldenburg, and Skyliners did not agree to share their budgets, as noted in the press release on Monday.
Among the 13 remaining clubs, EuroLeague outfit ALBA Berlin leads the league with a total budget of 14.671 million euros, including 8.148 million euros on costs for players, staff, premiums, social activities, insurance, and agents.
“By publishing the key figures for the first time, clubs and the league provide valid data as the primary source,” commented Stefan Holz, managing director of easyCredit BBL, “This way, we make assumptions and estimates largely unnecessary, at least for the clubs that agreed to the publication of their financial projections, and make it easier to compare and interpret the key figures.”
Early in the 2024-25 Regular Season of the BBL, defending champion Bayern and Ulm share the top spot in the standings behind a 6-2 record. Trailing the leaders by half a game, FIT/ONE Wurzburg Baskets sits at 5-2 and MLP Academics Heidelberg at 6-3.
In continental action, besides the teams based in Munich and Berlin competing in the EuroLeague, Wurzburg, Bonn, Niners Chemnitz, and Rasta Vechta are in the Regular Season of the Basketball Champions League, Ulm and Veolia Towers Hamburg play in the BKT EuroCup, and MHP Riesen Ludwigsburg continues in the FIBA Europe Cup Round of 16.
Photo Credit: EuroleagueBasketball.net