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AS Monaco finances received good news on Friday, April 4. In a press release, the FFBB (French basketball federation) said its decision to reform the amount of the financial compensation of which the club is liable for the LNB for the 2024-2025 season. Instead of paying its “Luxury Tax” up to € 952,771, the Principality club will have to pay only € 258,330.30 to the National Basketball League (LNB). Enough to pitch a lot of presidents of LNB clubs who denounce negotiations within the underlap between the high spheres of the LNB and the Principality club, with the return of discussions concerning the broadcaster Sheek launched in view of the case between the Professional football league (LFP) at DAZN.
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A drop of more than 50%
As a reminder, since the 2023-2024 season, AS Monaco must pay a financial tax to the LNB, the “Luxury Tax” (fixed up to 1.25 million euros, an amount reassessed each season according to the wage bill of the previous year). Established for the moment until 2026 with a aim of giving more sports equity to the French championship, it concerns teams with a wage bill equal to or greater than 8.5 million euros for year N-1. For the financial year 2023-2024, La Roca Team posted a wage bill of € 13,099,500.
This time, for the financial year 2024-2025, instead of paying a balance around million euros, Monaco will only have to pay just over € 250,000, unless the ASM decides to seize the administrative court to still challenge this decision.
A sanction due to the extension of Mike James?
But the Roca Team could however get their hands on the wallet for a completely different story according to our information. While Mike James (1.85 m, 34 years old) was extended for three years last summer, until 2027, the resignation of Oregon star would have been made without FFBB sports agent.
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The Principality's club ensures that its extension was carried out without a foreign agent, which the agents' commission, which received Monegasque leaders on Thursday, April 3. It remains to be seen what the possible sanction can be on this subject.
The agent commission received AS Monaco this Thursday concerning the extension of Mike James, who would have been done without intermediary, which perplexed the said commission.
The Principality club has been well served, beautiful fines in sight? #BetclicELITE
-Gabriel Pantel-Jouve (@gabrielpj_) April 4, 2025
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