A year later,
Euroleague Basketball Company and FIBA decided that Euroleague Basketball's EuroLeague competition would be the main basketball tournament on the continent, to be played between the top-level teams of Europe.
FIBA Europe from 2002 would also organize a European league for
third-tier level teams, known as the
FIBA Europe League competition, while Euroleague Basketball would also organize its own second-tier level league, combining FIBA's long-time
FIBA Saporta Cup and
FIBA Korać Cup competitions into one new competition, the
EuroCup. In 2005, Euroleague Basketball and FIBA decided to cooperate with each other and did so until 2016. In essence, the authority in European professional basketball was divided over club-country lines. FIBA stayed in charge of national team competitions (like the
FIBA EuroBasket, the
FIBA World Cup, and the
Summer Olympics), while Euroleague Basketball took over the European professional club competitions. From that point on,
FIBA Saporta Cup and
FIBA Korać Cup competitions lasted only one more season before folding, which was when Euroleague Basketball launched the
EuroCup. ==See also==