National Team Basketball Players' welfare prioritized in multi-billion partnership between FUBA and Betpawa
African gaming guru Betpawa have entered a massively valuable partnership with the Federation of Uganda Basketball Association (FUBA) as their official sponsors, on Wednesday.
The deal is worth Shs2.6b (over USD. 600,000) across a period of three years for the senior men (Silverbacks) and women's teams, the Gazelles.
The partnership entails Betpawa taking care of travel, accommodation, training and medical insurance for the two teams.
Additionally, Shs150,000 will be paid to each player in camp for every game won, and these sums will be deposited immediately.
Signed, sealed and stamped!#betPawaxFUBA pic.twitter.com/omPLtotJJE
— FUBA (@FubaBasketball) March 20, 2024
State Minister for Sport Peter Ogwang, who was in attendance underlined that, "we shall support this partnership and push a motion to have taxes on the gaming and lottery departments reduced since they are the biggest supporters of sports in the country."
"I am happy to say that as government of Uganda, we will support BetPawa in the issues of taxes so that you can improve the infrastructure of sports in Uganda."
Meanwhile Spencer Okach, the Chief Brand Officer of BetPawa said: "The costs to be covered under this partnership include team training, travel and accommodation to attend tournaments, medical insurance and supplements, among others."
"We believe that to elevate the game of basketball the players are at the centre and are as important as proper structures hence our 360-degree approach."
This marriage comes as a huge boost to the senior national teams, who have oftentimes missed tournaments outside the country as a result of a lack of funding.