PRESS RELEASE |

Euroleague Basketball and ELPA update collective agreement

Euroleague Basketball and the EuroLeague Players Association (ELPA) announced on Thursday an update of the EuroLeague Framework Agreement (EFA) that entered into force in July 2021. The updated EFA will be in force through the end of the 2023-24 season

Euroleague Basketball and ELPA have been negotiating consistently to adapt the EFA with an understanding that the agreement should evolve to reflect the continuous conversations between the different parties. The agreement seeks to standardize the relationships between players, clubs and the league by creating a consistent framework and defining what they can count on from each other.

The EuroLeague Clubs Commission played an active role in the negotiations. A collective of top player representation agencies was also consulted and lent support to the EFA modifications.

The EFA signed in 2021 is the first of its kind in pan-European basketball and has become a reference for team sports in general on the continent.

Among the areas in which the updated agreement has been adjusted are:

Length of the preseason
Insurance for players' families
Standardized medical services
Performance bonus ceiling
Clarification on the duration of contracts
Regulated image, commercial and promotional activities

The updated EFA, which is a compulsory minimum standard for all participating EuroLeague clubs and players, is applicable to the extent that it does not contradict mandatory laws and regulations within the countries of the clubs.

Euroleague Basketball (EB) is a global leader in the sports and entertainment business, devoted to running the top European competitions of professional basketball clubs under a unique and innovative organizational model. Owned and administered by some of the most successful and historic clubs in the world, EB manages the continent’s two premier men’s basketball competitions, the Turkish Airlines EuroLeague and the 7DAYS EuroCup, as well as the sport’s premier under-18 showcase, the EB Adidas Next Generation Tournament.

The EB competitions bring the elite of European basketball to all five continents and to the entire sports community through the OTT platform EuroLeague TV. EB also organizes a series of community and educational activities, led by the One Team program, in alignment with the United Nations Agenda 2030 Sustainable Development Goals. On the academic side, the EB Sports Business MBA trains future professionals in sports management.