Connect with us

Hi, what are you looking for?

Tiebreaker Times

Basketball

Cost of hosting FIBA World Cup is ‘expensive’, says MVP


The officials of the Samahang Basketbol ng Pilipinas were in a celebratory mood on Thursday afternoon as the federation celebrated the Philippines’ hosting of the 2023 FIBA World Cup. And this was a real victory for the country after it suffered heartbreak back in 2015 during the announcement of the 2019 FIBA World Cup hosting.

“When we lost to China in Tokyo, there were two parts in that presentation. The first is the emotional part, we won hands down,” recalled SBP Chairman emeritus Manny V. Pangilinan. “Yao Ming came over and said you won that one.

“We just lost in the infrastructure bid.”

That was why the Philippines needed to alter its pitch for the 2023 tourney. Instead of focusing on emotion, the country tapped the assistance of Japan and Indonesia for its new bid.

And the rest, as they say, is history.

But with this, many wondered how much will it cost for the country to host this tournament that will feature 32 teams from all across the world. The officials of the national sports association were mum about it, only saying that it’s “expensive”.

“The first word that came to my mind was expensive.

“I don’t think it’s right to be precise about numbers,” Pangilinan shared.

“Sa amin na lang yun. We really can’t disclose it eh,” admitted Foreign Affairs secretary Alan Cayetano

Despite the high costs, the SBP is gunning to break the all-time FIBA attendance record.

The record was set back in the 1954 edition of the tournament in Rio de Janiero, Brazil, that attracted 35,000 fans. The Philippine Arena, which will host the semifinals and final of the tournament, has a capacity of 55,000.

#ReadMore  Slovenia coach understands Luka's frustrations: 'It's tough to guard him in a legal way'

“We think we will surpass the FIBA-record for attendance. Imagine a Team USA vs. Gilas Finals,” quipped SBP president Al Panlilio.

Still, Pangilinan — who said that hosting the tournament will be his lasting legacy to Philippine sports — expressed that the cost does not matter if it will give joy to the Filipino people.

“You cannot put a price on this thing.”

Written By


You May Also Like

Basketball

TNT head coach Chot Reyes knows that they have their work cut out for them given the landscape of the PBA Season 48 Philippine...

Basketball

Calvin Oftana took over in the clutch as TNT rallied from behind and upended the erstwhile surging Meralco, 92-90, to snap out of a...

Basketball

Arvin Tolentino waxed hot early as NorthPort handed TNT a humiliating 112-96 spanking to stretch their winning streak to four in the PBA Season...

ADMU

In a bid to fortify their roster and avoid potential manpower shortages, Gilas Men head coach and program director Tim Cone has made a...

Basketball

The Samahang Basketbol ng Pilipinas (SBP) has confirmed discussions with Bennie Boatwright III regarding his potential role as a naturalized player in forthcoming FIBA...

Basketball

After missing one “boat”, the Samahang Basketbol Pilipinas ensures it won’t miss another. Bennie Boatwright has agreed to undergo naturalization and serve as a...

Basketball

ANTIPOLO – San Miguel got lucky in the end against TNT, 91-89, in a clash of PBA Philippine Cup contenders, Sunday night at the...

Basketball

TNT cut short Terrafirma’s unbeaten streak, 100-97, for its second win of the PBA Season 48 Philippine Cup, Saturday at the SMART Araneta Coliseum....

Advertisement