On 21 July 2016, Baloncesto Sevilla and Real Betis agreed a collaboration agreement for helping the football squad to solve the financial problems of the basketball team.

[2] On 31 December 2016, Real Betis agreed the buy of the 99.99% of the shares of the club[3] and implemented it on 12 January 2017.

[5] However, the club was relegated again in the next season after a very poor performance with only seven wins in 34 matches, finishing in the last position of the league table.

On 6 September 2018, the club unanimously approved to take the necessary steps to obtain the pertinent authorization from the Spanish royal house to change its name to Real Betis Baloncesto S.A.D.

From 1987 to 2014, the club was sponsored by Caja San Fernando, renamed in 2007 as Cajasol and merged in Banca Cívica years later.