Greek league postponed as TV deal fails

GRAHAM WOOD
Last updated 12:26 04/10/2012

Relevant offers

Basketball

Tai Wesley makes big impression for New Zealand Breakers in win over Wildcats Steven Adams: New Zealand basketball star picked for NBA's Rising Stars game again NZ Breakers beat Perth Wildcats to secure top-two finish in ANBL regular season Hurting NZ Breakers have plans to scald arch-rivals Perth Wildcats Breakers give young Kiwi Tai Wynyards's Kentucky move their approval Atlanta Hawks get three All-Star team reserves Tai Wesley impresses with game as Breakers eye another ANBL title Kobe Bryant's LA Lakers NBA season could be over Jet-setting Horvath signs for another season Taranaki Mountain Airs coach confident new import Aaron Fuller fits the bill

The start of Greece's elite basketball championship, the A1 League, due to start this weekend was postponed indefinitely today after clubs failed to reach agreement on a television rights deal, league organisers ESAKE said.

Twelve of the 14 teams rejected a proposed offer of €1.3 million ($NZ2.05 million) from the state broadcaster ERT which represents a 40 percent reduction from last season's deal.

"Having full knowledge of the current economic conditions prevailing in our country, we still feel that the treatment of professional basketball is inconsistent with the reliability and strengths of the teams," ESAKE said in a statement.

"The board of ESAKE, with regret, has decided to indefinitely postpone the start of the A1 League 2012-13."

Media reports said clubs were asking for around €2 million ($NZ3.15 million). Olympiakos Pireaus and Panathinaikos have separate television deals worth a reported €1.2 million ($NZ1.89 million) each a season.

ESAKE and the clubs are expected to hold further discussions next week with ERT as well as other satellite and cable channels.

Ad Feedback

- Reuters

Special offers
Opinion poll

How do you expect the Breakers to perform in this season's Australian NBL?

Last season was a blip, they'll be champions once again

They'll go close to another title, beaten finalists I'd say

Playoffs for sure, but can't see them going any further

Not too excited, they'll miss the playoffs again

Vote Result

Related story: (See story)

Featured Promotions

Sponsored Content