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Madrid Seals EuroBasket 2029 Deal With Bernabéu Opener, Final Phase at Movistar Arena

Officials pitch the tournament as a showcase to boost Madrid’s tourism, jobs, worldwide profile.

Overview

  • Spain’s basketball federation and the Community of Madrid presented a signed hosting agreement Tuesday at the Real Casa de Postas in central Madrid.
  • Madrid will stage 31 games, starting with an opening game at the Santiago Bernabéu that organizers expect to draw about 80,000 fans.
  • The final phase will be played at the Movistar Arena in Madrid, which will host all knockout rounds including the championship game.
  • Organizers outlined a 24‑team tournament over 20 days and projected a global audience near 300 million viewers, with an estimated €270 million economic impact for the region.
  • The region will pay a €18.3 million hosting fee to the Spanish federation over four years, with officials citing a preparatory budget of about €25 million as planning ramps up to 2029.