A general manager sent a letter to the EuroLeague teams in order to discuss the possibility of freezing the contracts with players and coaches. The news was initially reported by SDNA.
Here are some takes from the letter.
“We cannot have losses for tickets, sponsorship & other incomes and follow the contracts signed fully and no cut. We understand that agents & ELPA will not be in favor of that but we all have to be responsible & make sacrifices”.
“[Our team] decided to put all the contracts of players and coaches on hold. Meaning we stop the payments till the situation with the league is resolved. We as Euroleague club have to have a consensus in this situation hoping that it will be solved sooner rather than later.”
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