Finances of Fenerbahçe Basketball
While the exact financial details of Fenerbahçe's sponsorship deals with companies like Beko have not been disclosed, it is estimated that the team earns millions of dollars each year from these partnerships. For example, in 2018, it was reported that Fenerbahçe's total sponsorship revenue for the year was around $50 million, with the team's jersey sponsorship deal accounting for a significant portion of that revenue. In addition to sponsorship deals, Fenerbahçe also generates revenue through ticket sales ($21 million) merchandise sales ($7 million) and other sources. The team's success on the court has helped to boost its financial performance, with the team consistently finishing near the top of the Turkish Basketball League and competing at the highest levels of European basketball. Despite this financial success, Fenerbahçe is not immune to the challenges faced by many sports teams around the world. The COVID-19 pandemic, for example, has had a significant impact ...