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Sport: BasketballCategory: Contracts

Tony Parker takes significant salary cut as ASVEL Villeurbanne budget decreases

Yahoo Sports • 1 min read • Latest: Aug 25, 2026, 7:59 PM

Last updated Aug 25, 2026

Tony Parker takes significant salary cut as ASVEL Villeurbanne budget decreases
Summary

Tony Parker was on track to become one of the highest paid coaches in French basketball history at ASVEL Villeurbanne. However, following a major budget reduction at the club, Parker has confirmed he has lowered his salary five times. Initially set to earn over €1.2 million, he will now make approximately €240,000. The adjustments highlight the financial challenges facing the team.

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Key Details
  • •Parker was set for over €1.2 million before salary cuts.
  • •He confirmed reducing his salary five times amid budget issues.
  • •New salary will approximate €240,000 for the upcoming season.
Latest Updates
  • 7:59 PMYahoo Sports — Tony Parker was set to become one of the highest paid …
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Tony Parker was set to become one of the highest paid …

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