1998 Liga Sudamericana de Básquetbol

Defending champions Atenas won their second title, defeating Brazilian club Cougar Franca in the Grand Finals.

The top two teams from each group advanced to the final stage, a best-of-three direct playoff elimination where the champion was decided.

Atenas Cordoba: Marcelo Milanesio, Steve Edwards, Darrell Anderson, Fabricio Oberto, Diego Osella - Héctor Campana, Leandro Palladino.

Coach: Rubén Magnano Cougar Franca: Helinho, Demétrius Conrado Ferraciú, Chuí, Rogério Klafke, Jose Vargas - Christopher Knights.

Coach: Hélio Rubens Season MVP: Fabricio Oberto