The 1997–98 FIBA EuroLeague was the 41st installment of the European top-tier level professional club competition for basketball clubs (now called simply EuroLeague).

The competition's Final Four was held at Palau Sant Jordi, Barcelona, with Kinder Bologna defeating AEK in the EuroLeague Final, in front of 11,900 spectators.

For the 1997–1998 EuroLeague, the countries are allocated places according to their place on the FIBA country rankings, which takes into account their performance in European competitions from 1994–95 to 1996–97.

[2] The labels in the parentheses show how each team qualified for the place of its starting round:

April 21, Palau Sant Jordi, Barcelona April 23, Palau Sant Jordi, Barcelona April 23, Palau Sant Jordi, Barcelona All official awards of the 1997–98 FIBA EuroLeague.