FIBA chooses Spain to host men's 2014 worlds

GENEVA (AP) - Spain has won the right to host the men's basketball world championship in 2014.

The board of governing body FIBA picked Spain on Saturday ahead of rival candidates China and Italy.

The 24-team tournament will be played in Madrid plus Bilbao, Granada, Seville, and Las Palmas on the Canary Islands from Aug. 30-Sept. 14, 2014.

Organizers say they need to spend $439 million building three or four arenas. Spain won the 2006 worlds that was staged in Japan.

Turkey hosts the upcoming tournament in 2010.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.