Kaunas boosts funding for successful basketball club Žalgiris
Translated from Lithuanian, summarized and contextualized by DistantNews.
At a glance
- Lithuanian basketball club Kauno "Žalgiris" will receive an additional one million euros in funding from the Kaunas municipality.
- This increased funding acknowledges the team's successful season, including winning all domestic titles and securing fifth place in the EuroLeague regular season.
- The club's president expressed gratitude for the continued support, emphasizing the strong partnership between the city and the team.
Kaunas municipality is set to provide an additional one million euros in funding to the Lithuanian basketball club Kauno "Žalgiris," recognizing their highly successful recent season. The club achieved a clean sweep of domestic titles and secured a commendable fifth place in the EuroLeague regular season, significantly boosting the city's profile.
Kaunas can already be called the sports center of Lithuania. Kauno „Žalgiris“ contributes significantly to this. The club has become part of the identity of the city and the entire Lithuania.
Kaunas has been a consistent supporter of the "Žalgiris" basketball center since 2020, allocating 2 million euros annually. This year's decision to increase funding reflects the team's impressive athletic achievements. Kaunas Mayor Visvaldas Matijošaitis highlighted the club's integral role in establishing Kaunas as Lithuania's sports center, stating that "Žalgiris" has become a part of the city's and the entire nation's identity.
Its history is written not only with titles but also with loyalty to traditions and character. For Kaunas, it provides a unique sense of pride and global recognition.
"The club's history is written not only with titles but also with loyalty to traditions and character. For Kaunas, it provides a unique sense of pride and global recognition," Matijošaitis added. Last season, the team secured the King Mindaugas Cup, defended their Lithuanian Basketball League (LKL) championship title, and achieved their high EuroLeague ranking.
The city and its club are inseparable, so we are grateful for the strong support and increased assistance we feel. This cooperation allows us to pursue the highest goals not only on the basketball court but also to expand Žalgiris's areas of activity and professionalism as an organization, thereby creating value for the entire city of Kaunas.
"Žalgiris" club president Paulius Jankūnas expressed his gratitude for the municipality's substantial contribution and increased support. He emphasized the inseparable connection between the city and its club, noting that this collaboration enables them to pursue top-tier goals on the court and expand the club's operational scope and professionalism, thereby creating value for Kaunas. Jankūnas affirmed, ""Žalgiris" has always been and will be a symbol of Kaunas, so we are particularly pleased with the smooth cooperation with the city municipality."
"Žalgiris" has always been and will be a symbol of Kaunas, so we are particularly pleased with the smooth cooperation with the city municipality.
Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.