It was hosted by Spain and was held from 5 to 20 July 1986.

The final phase of the tournament was held at the Palacio de Deportes de la Comunidad, Madrid.

[1] They were classified as the official men's basketball event of the 1986 Goodwill Games, held simultaneously in Moscow.

This was the final tournament for West Germany, which did not participate in the next tournament prior to its unification with East Germany.

Brazil France Greece South Korea Panama Spain Angola Australia Cuba Israel Soviet Union Uruguay China Ivory Coast Italy Puerto Rico United States West Germany Argentina Canada Malaysia[2] Netherlands New Zealand Yugoslavia Philippines[3] Tommy Amaker, Muggsy Bogues, Sean Elliott, Armen Gilliam, Tom Hammonds, Steve Kerr, Derrick McKey, David Robinson, Rony Seikaly, Brian Shaw, Charles Smith, and Kenny Smith.