Dinamo was founded in 1960, and in the past, due to sponsorship deals, has also been known as Banco Popolare Sassari (1989–90).
Banco di Sardegna Sassari won the Italian Cup, the team's first trophy.
Dinamo's star player Travis Diener was named Italian Cup MVP.
Despite the third place and elimination in the Italian League semifinals in 2014, Dinamo was invited to play in the 2014–15 EuroLeague season.
In Game 7 of the Italian League Finals, Sassari won 73–75, on the road against Reggio Emilia.
After advancing past the second round as well, Dinamo beat ZZ Leiden, Pınar Karşıyaka and Hapoel Holon.
Thus, it qualified for the 2019 FIBA Europe Cup Finals where Dinamo faced German side s.Oliver Würzburg.