Prize money for FIBA World Cup 2023 teams has been revealed / News - Basketnews.com

FIBA World Cup will distribute a total of 3.2 million euros in prize money among the 32 participating national teams, with each team receiving a base bonus of 50 thousand euros and the Top 16 teams receiving an additional 100 thousand euros each.

Credit: FIBA Credit FIBA

FIBA Basketball World Cup 2023 participants will receive financial encouragement from the prize fund handled by the International Basketball Federation (FIBA).

As reported by Lukas Malinauskas of BasketNews, a total of 3.2 million euros has been allocated for distribution among the 32 participating national teams.

It's important to mention thatFIBA General Secretary Andreas Zagklis clarified that there's no prize money in the FIBA Basketball World Cup 2023.

However, the sums mentioned below are compensation for the national teams for their expenses during their stay in the FIBA Basketball World Cup 2023.

Compensation for teams, participating in FIBA Basketball World Cup 2023:

Each of the 32 national teams that qualified for the FIBA World Cup receives a compensation of 50 thousand euros. Top 16 teams receive an additional 100 thousand euros each.

Top 16 teams in FIBA World Cup 2023: Georgia, Greece, Dominican Republic, Brazil, Puerto Rico, Montenegro, Australia, Spain, Italy, Slovenia, Latvia, Lithuania, Canada, USA, Serbia, and Germany.

The FIBA World Cup Finals day in Manila is scheduled for Sunday. Team USA and Canada will compete for third place, while Germany and Serbia will face off for the Naismith Trophy.

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