APPENDIX 2 - Euroleague Basketball

Article 12.
Substitution of a Club
When a vacancy arises among the Clubs with, or having the
right to, a B or C Licence for whatever reason, the Shareholders
Executive Board will propose the substitution of the place for a
wild card to the General Assembly, which will be granted to the
club that the General Assembly considers appropriate at its own
discretion. To fill the vacancy in the case of a B Licence, the
possibility of maintaining the licence within the same country will
be analysed as a priority.
Article 13.
Wild Cards
A club receiving a wild card that entitles it to participate directly
in the Euroleague by means of a B or C Licence will make a
contribution (registration contribution), provided that it is not
included in the Euroleague Country Ranking (Appendix I).
Otherwise no registration contribution will be required.
The registration contribution will consist of a minimum nonreturnable
amount of 300,000 euros plus the reasonable
expectations of resources generated from audiovisual and/or
sponsorship rights for the Euroleague as a whole for a minimum
value of 200,000 euros.
A club receiving a wild card that entitles it to participate in the
Qualifying Rounds will pay a minimum non-returnable amount of
50,000 euros, provided that it is not included in the Euroleague
Country Ranking (Appendix I). Otherwise no amount will be
required. In the event that the club has not qualified for
participating in the Euroleague, no registration fee will be
required for participating in the Eurocup.
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