1987–88 FIBA European Champions Cup

The 1987–88 FIBA European Champions Cup season was the 31st season of the FIBA European Champions Cup (now called EuroLeague). It was won by Tracer Milano, after they beat Maccabi Elite Tel Aviv 90-84. It was the first season in the competition's modern era where the Final Four format was used to decide the champion. The 1988 FIBA European Champions Cup Final Four was held at Flanders Expo Pavilion in Ghent, Belgium, on 5–7 April 1988. Bob McAdoo was named Final Four MVP.

Competition system

23 teams (European national domestic league champions only), playing in a tournament system, played knock-out rounds on a home and away basis. The aggregate score of both games decided the winner.
The eight remaining teams after the knock-out rounds entered a Quarterfinal Group Stage, played as a round-robin. The final standings were based on individual wins and defeats. In case of a tie between two or more teams after the group stage, the following criteria were used: 1) number of wins in one-to-one games between the teams; 2) basket average between the teams; 3) general basket average within the group.
The top four teams after the Quarterfinal Group Stage qualified for the final stage (Final Four), played at a predetermined venue.

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
AEL	143–193	Körmendi Dózsa	72–84	71–109
Benfica	230–161	Sparta Bertrange	122–77	108–84
Klosterneuburg	200–221	Pully	93–104	107–117
Nashua EBBC	178–161	NMKY Helsinki	91–78	87–83
Zbrojovka Brno	189–173	Portsmouth	94-76	95–97
Södertälje	179–159	Maes Pils	89–93	90–69
MIM Livingston	170–189	Saturn 77 Köln	82–98	88–91

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Balkan Botevgrad	167–190	Tracer Milano	79–93	88–97
Orthez	212–167	Karşıyaka	124–82	88–85
FC Barcelona	269–134	Śląsk Wrocław	129–65	140–69
Körmendi Dózsa	165–231	Partizan	94–130	71–101
Maccabi Elite Tel Aviv	192–165	Benfica	111-86	81–79
Pully	229–240	Aris	125–127	104–113
Nashua EBBC	184–161	Zbrojovka Brno	87–78	97–83
Södertälje	207–257	Saturn 77 Köln	119–126	88–131

Key to colors
	Top four places in the group advance to Final four

Team 1	Score	Team 2
Partizan	82–87	Maccabi Elite Tel Aviv
Aris	82–87	Tracer Milano

Team 1	Score	Team 2
Partizan	105–93	Aris

Team 1	Score	Team 2
Tracer Milano	90–84	Maccabi Elite Tel Aviv

1987–88 FIBA European Champions Cup Champions
Tracer Milano 3rd Title