The 1992–93 FIBA European Cup was the twenty-seventh edition of FIBA's 2nd-tier level European-wide professional club basketball competition.

*Spartak Subotica was drawn for the competition but was not allowed to compete due to UN embargo on FR Yugoslavia.

*Smelt Olimpija, ASK Brocēni, Guildford Kings, Efes Pilsen, USK Praha, CSKA Moscow, Benfica, CSKA Sofia, Hapoel Tel Aviv, Śląsk Wrocław, NMKY Helsinki and Budivelnyk.

Seeded teams played games 2 and 3 at home.

March 16, Palazzetto dello sport Parco Ruffini, Turin