At the end of the 2006-07 regular season, the club finished in first place in the standings but, following an injury to Gigović, lost to OK Ribnica Građevinar in the playoff semifinals.
[2] In his letter to the President of the Serbian Volleyball Federation, the Crown Prince emphasized: “It was with great sadness that my family and I received news of the death of Aleksandar Gigović, member of our University National Team.
Destiny did not give him the opportunity to enjoy with all of us the winning of yet another gold medal for Serbia, which has become the new Balkan champion thanks to his colleagues, the youth volleyball players.
The first edition of Aleksandar Gigović Memorial Tournament was played over a period of two days starting on September 28, 2007 and gathered OK Rabotnički Feršped, OK Budućnost Podgorica, and OK Vojvodina, along with the hosts.
This tournament is now on the Serbian Volleyball Federation's official calendar and will be played every year at Jezero Hall during the last weekend of September, days before the start of the regular season.