The FIBA World Cup 2023 has not only brought thrilling basketball action but also substantial prize money for the participating national teams. With a total of 3.2 million euros up for distribution, each of the 32 teams will receive a base bonus of 50 thousand euros, with the Top 16 teams earning an additional 100 thousand euros each.
Despite FIBA General Secretary Andreas Zagklis clarifying that there’s no prize money in the FIBA Basketball World Cup 2023, the allocated sums serve as compensation for the national teams’ expenses during their tournament stay.
Compensation Breakdown for Teams:
- All 32 qualifying national teams receive a compensation of 50 thousand euros each.
- The Top 16 teams are entitled to an extra 100 thousand euros each.
Top 16 Teams in FIBA World Cup 2023:
- Georgia
- Greece
- Dominican Republic
- Brazil
- Puerto Rico
- Montenegro
- Australia
- Spain
- Italy
- Slovenia
- Latvia
- Lithuania
- Canada
- USA
- Serbia
- Germany
The FIBA World Cup Finals in Manila promise intense matchups, with Team USA and Canada contending for third place, while Germany and Serbia battle for the prestigious Naismith Trophy.
FIBA World Cup 2023 Standings vs. 2019: Leaps and Declines
The FIBA Basketball World Cup 2023 concluded with Germany’s nail-biting victory over Serbia in the final, concluding three weeks of intense competition.
Reflecting on this flagship basketball event, BasketNews highlights the significant improvements and declines since the previous FIBA World Cup in 2019.
Notable Team Changes:
- Germany made an incredible leap from 18th place in 2019 to claim the gold.
- Canada rose from 21st place to secure a bronze medal.
- France, a former third-place holder, dropped 15 places to finish 18th.
- Venezuela, once at 14th, experienced the steepest decline, finishing 30th.
- Latvia, making its debut, secured an impressive fifth-place finish.
- Slovenia, absent in 2019, made it to the Top 8.
As we celebrate the triumphs and challenges of the FIBA World Cup 2023, Bets88 casino invites you to stay tuned for more thrilling basketball action and updates at bets88 casino.