According to a survey by Basketnews, Panathinaikos is the EuroLeague club that spends the most on player salaries in the 2025-2026 season.
After acquiring Nigel Hayes-Davis, the Greens are set to finish the season with expenses of around €26.5 million solely for their roster.
Claim Now Ergin Ataman’s squad is the most expensive, with their biggest rival, Olympiacos, reportedly spending around €22 million, including mid-season signings such as Monte Morris, Corey Joseph, Frank Ntilikina, and Tyrique Jones.
The Top 10 also includes newcomers Hapoel Tel Aviv and Dubai, with Anadolu Efes, and Real Madrid.
Crvena Zvezda reportedly pays its players between €16 and 16.5 million, tying for seventh place with Fenerbahce. Partizan follows with €14.5 million, sharing ninth place with Barcelona.
Of course, when discussing EuroLeague salaries, it’s important to note the varying tax rates across different countries.
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EuroLeague Analysis: A complete transformation of Dubai 📈
— Basketball Sphere (@BSphere_) February 17, 2026
At this moment absolutely no one should even think about eliminating them from the play-in or playoff race.
The numbers tell the story:https://t.co/CCp1CQn3z8
