[1] Real Madrid returned to the final after losing to Anadolu Efes the previous year to claim a record-extending eleventh title against Olympiacos at the Žalgirio Arena in Kaunas, ending a five-year drought since their last triumph in 2018.

Madrid's Sergio Llull scored the winning shot with 3.1 seconds left on the clock in the championship game.

[2][3] Anadolu Efes were the defending champions, having won two straight titles, but were eliminated after finishing eleventh in the regular season.

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

The four remaining teams play a single knockout round on Friday evening, with the two winners advancing to the championship game.