Wednesday May 27, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Basketball league lockout ends

Greece's elite basketball league will begin this weekend after a one-week lock-out was ended by the clubs, league organizers (ESAKE) said on Tuesday.

The A1 League was postponed on October 3 after the clubs failed to reach agreement on a television rights deal, but have now decided to settle for the initial offer from state broadcaster ERT.

"The board of ESAKE, having as its objective the smooth functioning of the institution of the championship, decided to

open the A1 League 2012-13 stating on Saturday 13/10/2012, said ESAKE in a statement.

"This decision does not affect our aim to continue to strive for the rightful rewards for professional basketball with regard

to television rights."

The postponement further highlighted the continuous effects of the economic crisis on sport in the country, with 12 of the

14 teams in the league initially rejecting the offer of 1.3 million euros from ERT, which represented a 40

percent reduction from last season's deal.

According to reports, clubs were asking for around 2 million euros but have decided to settle on the initial offer, although

negotiations are ongoing regarding allocating extra advertising space.

Olympiakos Piraeus and Panathinaikos have separate television deals worth a reported 1.2 million euros per season each.

Matches will tip-off with champion Olympiakos beginning the defense of its crown against PAOK Thessaloniki. Panathinaikos travels north to face Aris Thessaloniki in the pick of the first round of games.

ekathimerini.com , Tuesday October 9, 2012 (23:20)  
AEK Athens returns to top league after financial collapse
Berg brace gives Panathinaikos four-point lead
Reds add Cup to league trophy with 3-1 win over Xanthi
Olympiakos strolls past Korivos Amaliadas
Athens waits to hear EU scheme for refugees
Greece will be looking with interest Wednesday at the news emerging from Brussels, where the European Commissioner for Migration, Home Affairs and Citizenship is expected to announce a plan ...
Parliament starts fresh inquiry into Siemens scandal
Parliament launched its latest inquiry into the Siemens cash-for-contracts scandal on Tuesday, with the head of the previous committee - former PASOK MP Syfis Valyrakis - being called as the...
Inside News
EU funds at risk due to payment halt by the state
Greece runs the immediate risk of missing out on 1 billion euros worth of European Union subsidies this year from the previous support framework, which expires on December 31, as a payment f...
Half of Greeks cover their needs from their deposits
Greek salaried workers cannot buy what they want but, rather, have to limit themselves to what they can afford on their reduced disposable income, a survey by the Labor Institute of the Gene...
Inside Business
COMMENTARY
Shame, justice, democracy
Contrary to the urban myth that Greek students are no longer taught Ancient Greek at school, they are both taught and tested on it. This does not mean to say, of course, that the subject is ...
EDITORIAL
Worrying signs in ruling party
Statements made by certain high-ranking SYRIZA officials during the partys central committee assembly on Saturday are a source of concern. It has become blatantly clear by now that a signif...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. AEK Athens returns to top league after financial collapse
2. EU funds at risk due to payment halt by the state
3. Half of Greeks cover their needs from their deposits
4. Greece reaps 2 billion euros per year from cruise sector
5. Athens waits to hear EU scheme for refugees
6. Political, economic instability turns German tourists away
more news
Today
This Week
1. IMF's Blanchard says Greek budget proposals not enough
2. Germany sees progress on Greece, EU officials to confer on Thursday
3. Overhaul planned for car taxation
4. Euro falls to four-week low as Greece deadlock spurs volatility
5. Time running out for Greece, ESM head Regling says
6. Heres a Greek business thats booming: Making test-tube babies
Today
This Week
1. Conspiracy madness
2. National self-awareness put to the test
3. Albanian demarche raises concerns about possible territorial claims over Greece
4. Hotel contracts with a Greek default clause
5. Neither Grexit nor a dual currency will solve Greeces problems
6. Merkel said to plan address for Greece if deal reached
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.