[2][3] The regular season consisted of two rounds, followed by the quarter-finals and the Final Four.

On 17 June 2022, it was announced that the 2020–21 Ukrainian Basketball SuperLeague champions BC Prometey will join Latvian-Estonian Basketball League for the 2022–23 season.

The team was to play its home games in Riga.

On 9 March, it was announced that the Final Four tournament will take place in Tallinn on 7 and 8 April.

[16] Final Four was held from 7 to 8 April at Unibet Arena in Tallinn, Estonia.