1988–89 FIBA European Champions Cup

The 1988–89 FIBA European Champions Cup was the 32nd season of the European top-tier level professional FIBA European Champions Cup (now called EuroLeague), which was won by Jugoplastika, after they beat Maccabi Elite Tel Aviv 75-69. The culminating 1989 EuroLeague Final Four was held at Olympiahalle, Munich, West Germany, on 4–6 April 1989. Dino Rađja was named Final Four MVP.

Competition system

27 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 1/4 Final Group Stage, which was played as a round-robin. The final standing was based on individual wins and defeats. In the case of a tie between two or more teams after the group stage, the following criteria were used to decide the final classification: 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 1/4 Final Group Stage qualified for the Final Stage (Final Four), which was played at a predetermined venue.

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Partizani Tirana	180-176	ZTE	101–90	79–86
BMS	172-191	Sunair Oostende	86–97	86–94
Ovarense	227-151	Contern	113–64	114–87
AEL	143-230	Aris	67–115	76–115
KTP	217-173	Champel Genève	101–66	116–107
Eczacıbaşı	141-145	Zbrojovka Brno	79–66	62–79
Asker	155-234	Nashua EBBC	81–103	74–131
Klosterneuburg	155-156	Balkan Botevgrad	83–82	72–74

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Partizani Tirana	156-192	Scavolini Pesaro	72–84	84–108
Sunair Oostende	182-197	Maccabi Elite Tel Aviv	91–104	91–93
Ovarense	163-207	Jugoplastika	87–94	76–113
Södertälje	175-190	Aris	93–85	82–105
KTP	152-181	FC Barcelona	78–87	74–94
Zbrojovka Brno	141-240	Limoges CSP	87–111	54–129
Nashua EBBC	176-160	Saturn 77 Köln	90–87	86–73
Balkan Botevgrad	148-190	CSKA Moscow	80–103	68–87

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

Team 1	Score	Team 2
Maccabi Elite Tel Aviv	99–86	Aris
FC Barcelona	77–87	Jugoplastika

Team 1	Score	Team 2
Aris	88–71	FC Barcelona

Team 1	Score	Team 2
Maccabi Elite Tel Aviv	69–75	Jugoplastika

1988–89 FIBA European Champions Cup Champions
Jugoplastika 1st Title