Fenerbahçe Beko has announced the renewal of its EuroLeague license agreement, set to expire at the end of this season. The club’s statement highlighted its proactive stance in evaluating projects related to the future of European basketball from the outset.

"As Fenerbahçe, our approach has never been divisive. Instead, it has been a unifying one that contributes to the collective growth of European basketball," the club said. "We believe that establishing dialogues with all stakeholders is crucial for the future of the game and we have consistently upheld this attitude."

The statement also mentioned that the club has closely monitored the vision and perspective of the NBA’s European project towards European basketball. "We believe that potential collaborations and mutual growth opportunities between EuroLeague and NBA Europe can significantly contribute to European basketball. Our club will continue to support any constructive dialogue that will further the growth, unification, and advancement of European basketball."

The decision to renew the license agreement underscores Fenerbahçe Beko’s commitment to achieving sustainable growth in European basketball, as well as its aim to strengthen its economic position and elevate its global brand.