Efes aiming to reduce club budget in upcoming seasons / News - Basketnews.com

The organization aims to reduce its spending in the upcoming seasons but the motion won't fully start this year due to current contracts, general manager Alper Yilmaz revealed.

Credit: Tolga Adanali/Euroleague Basketball via Getty Images Credit Tolga Adanali/Euroleague Basketball via Getty Images

Anadolu Efes Istanbul have had one of the biggest budgets in the EuroLeague in recent years. This fact is about to change.

3-pointers this season

39%10,1Points made:10,1Accuracy:38,9%Place in standings:4Record max:17Record min:4Most made 3FGs:Vasilije MicicTeamEuroLeagueStatisticsSchedule

The club's general manager Alper Yilmaz gave an extensive interview for BeIN Sports Turkiye where he explained that the organization aims to reduce the budget in the upcoming seasons.

However, they're still constrained by the current contracts, hence, the motion will not fully start this year.

"There won't be a great reduction in the budget due to our current contracts," he said. "I don't think that the budget can be reduced too much. Also, if you want to be a dominant team in the EuroLeague, you have to go over a certain limit. We'd like to thank our sponsors and the Anadolu group for this. They did not leave us in a difficult situation for a single day."

"Of course, all Turkish teams are struggling but we have to spend a certain amount of money for success in the sports universe that we're living in. We've never diminished our goals," Yilmaz continued. "We're always in search of new players, we're looking for names that are open to development. Some of our transfers this year have been in this direction. We can make those kinds of transfers after the contracts expire next year. We want to downsize."

Efes currently have three of the Top 10 highest-paid EuroLeague players.

Yilmaz also revealed that both Shane Larkin and Vasilije Micic have NBA options in their contracts, and the club is waiting for their decision. The deadline for the option is July 20th.

"Micic really wants to go to the NBA," the GM said.

Anadolu Efes Istanbul

Position Player Status PG Shane Larkin Signed until 2024 PG Vasilije Micic Signed until 2023 +1 PG Dogus Ozdemiroglu (story) Signed until 2025 PG/SG Rodrigue Beaubois (story) Signed until 2024 +1 SG Erten Gazi Signed until 2023 +1 SG/SF Elijah Bryant (story) Signed until 2025 SF Will Clyburn Signed until 2024 PF Amath M'Baye Signed until 2023 +1 PF/C Tyrique Jones (story) Signed until 2025 C Ante Zizic Signed until 2024 +1 C Tibor Pleiss Signed until 2024 Coach Erdem Can (signed until 2025) Expired contract Ergin Ataman (will not return), Bryant Dunston, Dogus Balbay (will not return), Egemen Guven, Chris Singleton (will not return), Egehan Arna (will not return) Rumored to leave Vasilije Micic, Bugrahan Tuncer (will not return) Interested

More Anadolu Efes transfer news:

Efes announce the signing of Dogus Ozdemiroglu Turkish League MVP Tyrique Jones joins Anadolu Efes Dogus Balbay's stint with Efes comes to an end after 12 years Rodrigue Beaubois extends his contract with Efes Elijah Bryant officially signs a contract extension with Efes Chris Singleton, Anadolu Efes part ways Thank you for reading us! Help us even more.