• Home
  • FIBA
  • EuroLeague
  • NBA/NCAA
  • National Leagues
  • Podcast
  • Features
  • More
  • Contact

Grimag

  • FIBA
  • EuroLeague
  • NBA/NCAA
  • National Leagues
  • Podcast
  • Features
  • More

How much will the CSKA Moscow budget be? (Plus, official statement from club)

June 8, 2012

For a brief while, the collective imagination of Twitter’s European basketball region was captured by rumors of the CSKA Moscow budget for 2012-13. Naturally, it’s no news when the Big Red Machine spends large sums wheeling and dealing in the off-season, but the rumored figures this year are pretty damn mind-boggling.

CSKA has already been rumored to be in the hunt for many of the prospective names on the big market, most recently Aaron Jackson, who may or may not actually be leaving Gescrap Bilbao Basket after two seasons there. Then there’s Andrei Kirilenko, on a three-year contract with an NBA out clause, who has dropped enough teases about possibly staying with the team to keep folks interested and club accountants nervous.

In any case, Ervinas Spūdys of Lithuania-based Krepsinis.net yesterday tweeted that “According to VTB United League’s numbers, next year’s CSKA budget will be 44 mln. euros, Khimki’s – 18,5 mln. euros.”

Retorted Savaş Birdal of Euro-Step, “Open letter to CSKA Moscow: If you are going to buy the Euroleague title, at least pay the necessary taxes first.”

To put these numbers into perspective (sort of), one list of budgets for Euroleague clubs in 2011-12 follows.

CSKA: €30.5 million
FC Barcelona: €25 million
Panathinaikos: €24 million
Anadolu Efes: €23 million
Olympiacos: €21.5 million
Real Madrid: €20 million
Fenerbahçe Ülker: €19 million
Montepaschi Siena: €18 million

On the other hand, In The Game listed CSKA Moscow salaries as totalling €16.05 million, so some reportage is a bit amiss here.

(Even if the larger figures represent total cost of operations, will The Red Army, who was one Georgios Printezis game-winner from buying a title in 2011-12, really see a 31% increase in funds?)

However, since the VTB United League story cited above cannot really be found (at least by BallinEurope – though today’s story is on the Red Foxes, which will always come recommended), we may have to file this stuff as rumor. In fact, CSKA club officials were social media-savvy and taken aback enough to issue the following official statement in Russian and in English.

(CSKA Basket) – In the weeks after the end of the season in Russia, the media has spread a lot of rumors about possible changes in our team’s roster and staff. In this regard, CSKA officially declares:

– the club is not in talks with any candidates for head coaching position;
– the key questions on the roster and staff for the next season will be solved by the PBC CSKA Board meeting held in mid-June 2012.

The only trustworthy information about the team and the club is the one published by PBC CSKA official website. Any other news in the media should be perceived as rumors which cannot be commented by PBC CSKA representatives.

Right, then. Stay tuned…

Jun 8, 2012ballineurope
Powered by Sidelines
Share on FacebookShare on Twitter
This post was published on June 8, 2012
Drazen Petrovic: The video homage to a too-short careerTop 10 plays from PLK playoffs feature lots of Asseco Prokom, Donatas Motiejunas
Comments: 1
  1. Mike
    13 years ago

    inthegame.org has the wrong numbers.

    BTW, CSKA’s budget is actually going to be 44.6 million euros.

    ReplyCancel
Pingbacks: 2
  1. BallinEurope, the European Basketball news site » Blog Archive » Reports: Ettore Messina to return to CSKA Moscow
    13 years ago
  2. BallinEurope, the European Basketball news site » Blog Archive » Podcast: Will Euroleague’s “Financial Fair Play” really work?
    13 years ago

Leave a Reply Cancel reply

ballineurope
13 years ago 3 Comments EuroLeague, More, National LeaguesAaron Jackson, Andrei Kirilenko, CSKA Moscow, EuroLeague, Euroleague 2012-13, Gescrap Bilbao Basket, twitter
Recent Posts
Biggest WNBA Underdogs: Can Fever or Wings Pull Off July Shocks?
1 day ago
Salt Lake Summer League 2025: Team Breakdowns, Betting Angles & Final Forecasts
17 days ago
From Nolan Traore to Noa Essengue, we break down the top European prospects in the NBA Draft
Top European NBA prospects for the 2025 Draft
18 days ago
Categories
Recent Posts
Biggest WNBA Underdogs: Can Fever or Wings Pull Off July Shocks?
Salt Lake Summer League 2025: Team Breakdowns, Betting Angles & Final Forecasts
Top European NBA prospects for the 2025 Draft
Tags
EuroLeagueNBAYouTubeReal MadridCSKA MoscowFC BarcelonaFIBAOlympiacosPanathinaikosZalgiris KaunasACBSpainMaccabi Tel AvivRicky RubioTeam SpainLos Angeles LakersMontepaschi SienaPartizan BelgradeLithuaniaIrelandGermanyPau GasolItalyTeam LithuaniaTurkeyTeam FranceCaja Laboral BaskoniaLietuvos RytasFenerbahce ÜlkerGreeceJuan Carlos NavarroSerbiaSan Antonio SpursTony ParkerMinnesota TimberwolvesFranceEuroleagueDirk Nowitzkibasketball highlightsTeam RussiaALBA BerlinEuroCupDallas MavericksTeam USAEuroBasket 2011
Share
0
Facebook
ABOUT
BallinEurope.com was founded in September 2007 by Christophe Ney (who now runs the excellent scouting-themed website European Prospects) and Tobias Seitz, both then bloggers for FIBA.com with over 10 years’ worth of experience in the professional basketball world each. The mission then was to “provide a very unique perspective of Basketball in and about Europe.”
Most Commented
Why Andrei Kirilenko and CSKA Moscow must win the Euroleague
13 years ago
180 Comments
Euroleague Transfers Table 2008/2009
17 years ago
168 Comments
A week in highlights: Spanish block party, mighty Milos, Utah rap and some dude dunking in L.A.
14 years ago
139 Comments
Archives
Get In Touch

Email: emmetryan@gmail.com

Name: Emmet Ryan

2014 © BallinEurope. Join JCI Dublin