EuroLeague freezes its marketing partnership with VTB Bank / News - Basketnews.com

Credit: Imago Images - Scanpix Credit Imago Images - Scanpix

Euroleague Basketball announced that it has frozen its marketing partnership with VTB Bank until further notice amid the war initiated by the Russian Federation in Ukraine.

This decision will cease, at least temporarily, the presence of the VTB Bank brand in the organization's competitions, the Turkish Airlines EuroLeague and the 7DAYS EuroCup, and its association with EuroLeague and EuroCup clubs, players, and coaches.

Earlier on Monday, the ECA Shareholders Executive Board decided to suspend all EuroLeague and EuroCup games in which Russian Federation teams are due to participate.

That includes the following teams: CSKA Moscow, Zenit Saint Petersburg, UNICS Kazan, and Lokomotiv Kuban Krasnodar.

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