In their debut season, Sakalai finished in eighth place (17 wins and 23 losses), and were coached by Šarūnas Sakalauskas.
In the 1995–96 LKL season, Sakalai finished in fifth place, led by players like Giedraitis and Gintautas Šivickas, and lost to favorites Atletas Kaunas 2–0 in the playoffs.
In the bronze medal series, Sakalai lost to the new team in Vilnius, Statyba-Lietuvos rytas, in somewhat a shocker, 2–1.
In the LKL, Sakalai finished only in sixth place in the regular season, but eliminated the heavily favored BC Alita in the quarterfinals 2–1.
In the bronze medal series, once again underdogs, shocked everyone again, by defeating BC Šiauliai 2–1, winning the final match away, and finishing in third place in the LKL.
By December, however, coach Paulauskas had resigned, and much of the team had also left, with point guards Jemeil Rich and Rolandas Jarutis, who signed with rivals Lietuvos rytas, being the most significant.
Sakalai once again faced Šiauliai in the playoffs, this time in the quarterfinals, losing the series 2–0 and finishing in fifth place for the season.
During the 2006–07 season, Sakalai signed talented young players like Mindaugas Kuzminskas, Vytautas Šarakauskas, Simas Buterlevičius, Aidas Viskontas and Justas Sinica.
Coach Šalkus resigned and was replaced by Rimas Kurtinaitis, while team leader Gecevičius signed with Lietuvos rytas.
Results largely remained the same, with Sakalai finishing in seventh place in the LKL and failing to qualify for the playoffs in the BBL.
Led by Justas Sinica, Sakalai played better than expected, finishing in seventh place in both the LKL, and BBL Challenge Cup.
Sakalai were led by their young core, consisting of Arvydas Šikšnius, who was the Challenge Cup MVP, Šarakauskas, Vilmantas Dilys, Laurynas Samėnas and Arnas Labuckas.
In the BBL Challenge Cup, Sakalai played disappointingly, not even coming close to reaching their previous season heights.
During the season, Arnas Butkevičius made his pro debut, while more young players for the team like Augustas Pečiukevičius and Ovidijus Varanauskas played a lot more solidly.
After a disappointing start, Rūtenis Paulauskas briefly returned to the team, taking over as head coach.
Sakalai finished the season in 11th place in the LKL, and once again failed to qualify for the BBL Challenge Cup playoffs.
Maksvytis had coached the Lithuanian U16, U18 and U19 teams, winning gold medals in both the European and World championships.
During the season, players like Justas Sinica briefly returned to the team, but left just as quick due to the financial situation.
Edvinas Šeškus and Paulius Dambrauskas, on loan from Lietuvos rytas, suffered season ending injuries, while much of the talented young players, like Pukis and Butkevičius, left during the summer.