Panathinaikos and Olympiacos receive million euro bonuses from Greek League / News - Basketnews.com

Olympiacos Piraeus will receive €1,000,000 from the ERT agreement to broadcast the Greek Basketball League. Panathinaikos, meanwhile, will receive €900,000.

Credit: Vangelis Stolis Credit Vangelis Stolis

Panathinaikos Athens and Olympiacos Piraeus are the two biggest names in Greek basketball. The Greek Basketball League was won by either of the two clubs for the past 20 seasons.

Free throws this season

63%15,3Points made:15,3Accuracy:63,0%Place in standings:4Record max:21Record min:11Most made FTs:Derrick WilliamsTeamEuroLeagueStatisticsSchedule

ERT is the main broadcasting partner of the league. Following the announcement that the television has renewed their rights to show the local league's matches for the upcoming season, the amounts which the teams will receive from the agreement have been announced.

According to SDNA, €5.3 million will be divided among the 12 clubs with €710,000 being left for performance bonuses.

Olympiacos will receive the biggest sum out of all teams. The last year's champions will get a million euros for their broadcasting rights. Panathinaikos, meanwhile, will receive a bit less - €900,000.

The team that will win this season's trophy will receive a €213,300 bonus while the second-placed club will get €126,400.

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