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BFI President announces cash prize to Indian men’s basketball team

New Delhi/Bengaluru, 19th September 2016: Yesterday, India’s ‘Young Cagers’ had memorably finished in the top 7 at the 2016 FIBA Asia Challenge that concluded in Iran. Immediately recognizing the significance of this achievement, Basketball Federation of India (BFI) President K Govindaraj has announced a cash prize of INR 5,00,000/- to the entire team and coaching staff.

“Reaching the top 7 in Asia is an excellent achievement, especially considering the circumstances and opponents,” said Mr Govindaraj. “We beat three teams who have better world rankings. This cash prize is a small token of appreciation for our players’ indomitable spirit. They have kept India’s flag flying high. This is a culmination of all that sacrifice by everybody involved.”

Elaborating on the challenging circumstances, Mr Govindaraj said, “It is important to remember that even though our national federation has approval from the international body i.e. FIBA, we have not received any government funding for almost two years now. In spite of this we have been able to send our national teams for participation in ten international events and conducted all the National Championships.”

“Prior to the team’s departure, I had wished that the players put up a performance that is even better than in all the previous championships they have attended. They have superbly delivered,” added BFI Secretary General Chander Mukhi Sharma.

Image-credit: FIBA.com

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