The 2023–24 Lietuvos krepšinio lyga season, also called Betsafe–LKL for sponsorship reasons, was the 31st season of the top-tier level professional basketball league of Lithuania, the Lietuvos krepšinio lyga (LKL).

Rytas won their seventh championship after defeating defending champions Žalgiris in the finals 3–1.

[2][3] Wolves Twinsbet played in the Avia Solutions Group Arena after spending their inaugural season playing in Alytus, during the reconstruction of the venue.

On August 26, Rytas agreed to also return to the venue for a limited amount of matches.

Two newest members of the league played home games out of town, due to a lack of suitable venues.