The 2015–16 Korvpalli Meistriliiga season (also known as the Alexela Korvpalli Meistriliiga for sponsorship reasons) was the 91st season of top-tier basketball in Estonia.

[1] The season began on 7 October 2015 and concluded on 27 May 2016 with Kalev/Cramo defeating TÜ/Rock 4 games to 1 in the 2016 KML Finals to win their 8th Estonian Championship.

[2][3] During the regular season teams will play 4 rounds for 32 games (2 at home and 2 away) with following exceptions: Double points will be awarded to teams winning those games.

The tournament concluded with Kalev/Cramo defeating TÜ/Rock 4 games to 1 in the 2016 KML Finals.

Players qualify to this category by having at least 50% games played.