It was the second season in which the VTB United League functioned as the new domestic first tier level for Russian professional basketball clubs, which can qualify through this league to EuroLeague.

On 20 July 2014, drawing of two group of 11 teams was held in Moscow.

[1] On 25 July 2014, five Lithuanian teams (Lietuvos rytas, Neptūnas Klaipėda, Dzūkija, Lietkabelis, Nevėžis) withdrew from the competition due to the Lithuanian Basketball League's decision to expand its regular-season schedule up to 40 games per team.

[2] New format with double round-robin tournament was proposed for the 2014–15 VTB United League.

[2] This proposal for the regular season was approved on 1 August 2014.