Namely, passing in the top 16 selection of the old continent, they earned between 100,000 and 200,000 euros.
Based on cash awards from the previous editions of Eurobasket, specialized portal EssentialSports.com, discovered by the figures that selections can earn on the basis of the ultimate placement and the total performance of the tournament, with the support of sponsors, TV rights and national federations.
Thus, the future European Champion will earn a little more than one million euros, the Eurobasket finalist between 500,000 and 800,000, and the third ones are operated between 400,000 and 600,000 euros.
National teams that come to the quarterfinals can collect between 100,000 and 300,000 euros, which means that BiH’s representation in the eighth final has received between 100,000 and 200,000 euros.
Selections that perform in the group phase of earnings of 50,000 to 100,000 euros.
For example, BiH has allocated about 250,000 euros for the preparations for Eurobasket, and it is clear that the earnings from the European Championship is not even enough to cover the basic costs.
Unlike the NBA, Euroleague or UEFA competition, Eurobasket does not have a fixed prize fund. There are no players specific bonuses. Instead, the awards are focused through national basketball federations and are modest according to global sports standards.
These payments are mainly symbolic and used to support development, cost covering or reinvestment in future international competitions. Most of the realized “values” occurs through exposure, medal and attention that can encourage the development of sports and careers.
It is important to point out that the money is paid to allows, not players. Bonuses, if any, come from a contract with national federations or sponsorship contracts.
The reward systems give priority to the development of the National Team, not direct financial income. In contrast, the NBA and FIFA offer defined, growing cash prizes per round or placement, which in the case of EP in basketball is not the case.
(Vijesti.ba)
