Overview
- Eurohoops reports Obradović has signed a three-year contract worth €12 million net, an average of about €4 million per season, though the financial terms await independent confirmation.
- Obradović returns more than a decade after his previous Panathinaikos spell and remains the coach with the most Euroleague titles, having won five with the club between 1999 and 2012.
- Panathinaikos missed last season’s Final Four, which was hosted at their own arena, a failure the club cites as the trigger for the current reconstruction push.
- The deal is described by the report as the largest coaching contract in European basketball, a claim that depends on net-versus-gross accounting and on further verification from other sources or the club.
- The hire raises expectations for big roster and budget moves, sets a new benchmark for elite coaching pay in Europe, and increases pressure on Obradović and the club to translate investment into Euroleague success.