 The leaders of both organizations realized the need to come up with a new single competition.Negotiating from the position of strength, Euroleague Basketball Company dictated proceedings, and FIBA essentially had no choice but to agree to their terms.As a result, the EuroLeague was fully integrated under Euroleague Basketball Company's umbrella, and teams that competed in the FIBA SuproLeague during the 2000–01 season joined it as well.