AS Monaco have been fined €20,000 and had one victory deducted by the French Basketball League (LNB) ahead of the 2024-25 season.
The LNB announced the sanctions on Thursday, August 29, stating that Monaco violated two baskeball league regulations concerning player salaries and payroll taxes.
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According to AFP, the penalties stem from Monaco’s contract extension with star player Mike James, specifically involving undisclosed payments in image rights to FedCom Media.
In addition to the fine, Monaco have been stripped of one win, with another win suspended pending further review.
Monaco are considering an appeal, hoping for a reduction in the penalty, as reported by BeBasket.
As a result, the club will begin the new season at the bottom of the standings.
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