As a new season of basketball is finally upon us, the French Basketball League (LNB) has announced the budgets of the clubs competing for the national title.

AS Monaco have stolen headlines with a record-breaking budget increase, having increased their total budget by 47 percent from 14.1 million euros to 20.7 million euros. Alongside this, the payroll for the players of the Roca team has increased by an even more significant 60 percent from 6.7 million euros to 10.8 million euros.

With this sizeable increase, Monaco has become the richest basketball club in the French league, while also becoming the first club in the league’s history to pass the 20-million euro mark.

Featured image courtesy of AS Monaco Basketball