Panathinaikos sign a new sponsorship agreement, change team name / News - Basketnews.com

Panathinaikos signed a partnership with the largest construction company in Greece, Aktor, and will go by the name Panathinaikos Aktor Athens from now on.

Credit: Giorgos Kyriakidis Credit Giorgos Kyriakidis

With the arrival of a new coach and an almost complete revamp of the roster, Panathinaikos Athens signed a new major sponsor as well.

2-pointers this season

56%19,0Points made:19,0Accuracy:56,1%Place in standings:13Record max:25Record min:15Most made 2FGs:Konstantinos MitoglouTeamEuroLeagueStatisticsSchedule

The Greek club agreed to a partnership with Aktor, the largest construction company in Greece. In addition, Panathinaikos will accept a change in the club's name. Now, the Greek powerhouse will go by the name of Panathinaikos Aktor Athens.

The club presented the changes in a special press conference that was followed by a photoshoot.

Panathinaikos were without a title sponsor for more than a season. Previously, the club had a partnership with OPAP, a Greek gambling company. While OPAP remains a significant sponsor of the team, the company's name is no longer listed besides the team name.

After losing three of the first four games in the EuroLeague, Panathinaikos won the last three games and now share fifth place in the standings with five other teams.

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