BBVA signs on as for NBA Draft
Participating in this sponsorship deal:
About Sponsor:
Banco Bilbao Vizcaya Argentaria, S.A. is a multinational Spanish banking group. It was formed in 1999 from the merger of Banco Bilbao Vizcaya and Argentaria, both of which in turn had previously amalgamated three important banks in Spain, namely Banco de Bilbao, Banco de Vizcaya, Banco Exterior de España and the state-owned Caja Postal de Ahorros, with other minor entities. BBVA is the second largest bank in Spain and 7th largest financial institution in the Western world with a market capitalization of over 61 billion €. The bank has recently focused on overseas expansion, and now operates in 40 countries. Like many other Spanish companies, it enjoys a dominant position in Spanish-speaking Latin American countries. It also has a strong presence in southern European countries, especially Portugal and Italy, and has announced its intention to expand into the United States and in Asia.
About Property:
The NBA Draft is an annual event in which the thirty teams from the National Basketball Association can draft players who are eligible and wish to join the league. These players are usually amateur U.S. college basketball players, but international players are also eligible to be drafted. College players who have finished their four-year college eligibility are automatically eligible for selection, while the underclassmen have to declare their eligibility and give up their remaining college eligibility. International players who are at least 22 years old are automatically eligible for selection, while the players younger than 22 have to declare their eligibility. Players who are not automatically eligible but have declared their eligibility are often called "early-entrants" or "early-entry candidates". The Draft usually takes place at the end of June, during the NBA off-season. The Draft consists of two rounds with a total of sixty players to be selected.