The 2006–07 SEB Korvpalli Meistriliiga was the 16th season of the Estonian basketball league and the third under the title sponsorship of SEB.

Including the competition's previous incarnations, this was the 82nd season of the Estonian men's basketball league.

The season started on 4 October 2006 and concluded on 29 May 2007 with TÜ/Rock defeating Tallinna Kalev/Cramo 4 games to 2 in the 2007 KML Finals to win their 23rd Estonian League title.

Source: KML (2006/2007) The playoffs began on 11 April 2007 and ended on 29 May 2007.

The tournament concluded with TÜ/Rock defeating Tallinna Kalev/Cramo 4 games to 2 in the 2007 KML Finals.