Overview
- Eurohoops reports that Željko Obradović has signed a three-year contract worth €12 million net, which the outlet calls the largest coaching deal in European basketball.
- Obradović is rejoining Panathinaikos after more than a decade away and previously led the club to five EuroLeague titles from 1999 to 2012.
- Panathinaikos missed last season’s Final Four despite hosting the event, and the club frames Obradović’s hiring as the formal start of a multi-year reconstruction of the roster and staff.
- The reported average pay of about €4 million net per season would establish a new salary benchmark for coaches in Europe and could affect future negotiations and club budgets.
- The contract terms are reported by Eurohoops and have not been independently verified in the available coverage, so the salary figures should be treated as unconfirmed.