CB Gran Canaria was founded inside Claret School and for many years played under that denomination.

Following a successful period in school competitions, a senior team was created and integrated on the Spanish Second Division.

On the 1987–88 season the club changed its name to CB Gran Canaria, paying homage to the place where its social mass came from.

On 24 September 2016, Gran Canaria won its first national title after beating FC Barcelona 79–59 in the Final of the 2016 Supercopa played in Vitoria-Gasteiz.

[2] Through the years CB Gran Canaria has had several denominations due to its sponsorship: Note: Flags indicate national team eligibility at FIBA-sanctioned events.