VTB United League agree to enter 3-year agreement with Euroleague Basketball

On Friday in Moscow, VTB United League clubs discussed and accepted a proposal from Euroleague Basketball, which was presented during Thursday's meeting between Euroleague Basketball President and CEO Jordi Bertomeu, together with VTB United League management.

The 3-year agreement includes access to the Euroleague and Eurocup competitions for the 2016-17, 2017-18 and 2018-19 seasons. VTB United League will receive one annual B Licence to the Euroleague which will go to the champion or runner-up (if A Licence holder CSKA Moscow becomes champion) of the VTB United League playoffs. In addition VTB United League will receive a minimum of three annual spots in the Eurocup over the same three seasons for its next three best teams in the league (for example, teams finishing in 3rd, 4th and 5th place at the end of the season).

The Euroleague Basketball proposal was accepted by a majority of votes from the Board of the VTB United League.