Dinamo was founded in 1960, and in the past, due to sponsorship deals, has also been known as Banco Popolare Sassari (1989–90).

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.

On 1 May 2019, Sassari won the FIBA Europe Cup after defeating Würzburg in the second leg of the finals.

In 2019 Sassari reached the LBA Finals for the second time in club history, four years since its championship.