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Panathinaikos and Olympiacos Hold the Biggest Budgets in EuroLeague

Published March 18, 2026, 10:17
Panathinaikos and Olympiacos Hold the Biggest Budgets in EuroLeague

According to research by Basketnews, Panathinaikos and Olympiacos hold the highest game budgets in the EuroLeague. Panathinaikos' budget is estimated at 26.5-27 million euros, while Olympiacos' is at 22-22.5 million euros. Real Madrid and Anadolu Efes follow with 18.5-19 and 18-18.5 million euros respectively. The two Greek teams also stand out for the significant increase in their budgets in recent years. Panathinaikos has increased its budget by 380% since 2021/22, while Olympiacos by 160%. Red Star follows with a 200% increase. The overall increase in EuroLeague budgets is significant, with the average cost of a team having more than doubled from 2021/22, reaching 13.5-14 million euros. Five years ago, only three teams had budgets over 18 million euros, while today there are six. The increase in budgets is due to various factors, such as increased commercial activity and the attraction of more sponsors. The dominance of Panathinaikos and Olympiacos in the financial data of the EuroLeague underlines their strength and their ability to invest in their team.