This FIBA AmeriCup was to earn the three berths allocated to the Americas for the 1996 Summer Olympics, in Atlanta.

The United States did not participate in the tournament, as the team claimed the host berth in the Olympics.

Puerto Rico defeated Argentina in the final, to win the tournament.

Brazil beat Canada in the third place game, to claim the final Olympic berth.

Then each team played the four from the other group once to complete a full round robin with the top four advancing to the semifinals.