Greek league postponed as TV deal fails

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

Relevant offers

Basketball

Time for Saints to make some noise Shameful second quarter sinks Rams Steven Adams makes his NBA playoff debut Raptors drop expletive, game to Brooklyn Adams' physicality suits Thunder-Grizzlies clash Otago Nuggets stay unbeaten in Christchurch Canterbury Rams return to NBL halts exodus Basics go begging for Taranaki Mountain Airs Unbeaten Wellington Saints take on Nuggets Braswell shoots Southland Sharks to road win

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

Featured Promotions

Sponsored Content