What was the reason for the red underwear protest in Greek basketball?

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Dimitris Giannakopoulos Fined for Red Underwear Protest in Greek Basketball

Dimitris Giannakopoulos, the owner of Greek basketball club Panathinaikos, was fined €3,000 for placing a pair of red women's underwear on the empty bench of rival Olympiakos. This act occurred after Olympiakos, whose team colours are red, failed to appear for a scheduled game in Athens in February. The sports judge who issued the ruling stated that the action defamed the sport.

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What was the reason for the red underwear protest in Greek basketball?

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