1988–89 FIBA Korać Cup

The Yugoslav Partizan defeated the Italian Wiwa Vismara Cantù in the final.

This was the third time Partizan won the title, following victories in 1978 and 1979.

*APOEL withdrew before the first leg and Spartak Pleven received a forfeit (2–0) in both games.

*The game interrupted against PAOK B.C at the beginning of the extra time.

PAOK'S American coach Johnny Neumann push the Italian referee Grosi, when he impute breach at jump all .