Basket Club Ferrara was founded on 16 June 1999 and started playing in the third division Serie B d’Eccellenza that same season.

[1] Ferrara would win the LegaDue in 2007–08, obtaining a promotion to the first division Serie A where it stayed until 2010.

After the 2010–11 season, club president Roberto Mascellani sold the LegaDue sporting rights of Ferrara to Biancoblù Basket Bologna (in Italian), effectively ending Ferrara's activity.

Pallacanestro Ferrara was formed soon after by a group of entrepreneurs who bought the fourth division Serie B sporting rights of Pallacanestro Budrio.

In 2016 the Under 20 youth team of Pallacanestro Ferrara won the Under 20 National Championship, taking the first National title to newly formed club.