In 2015, FIBA dissolved the EuroChallenge, in order to start the Basketball Champions League (BCL) and FIBA Europe Cup (FEC), in order to extend opportunities outside the competitions organized by the Euroleague Basketball.

[3] The competition was created in 2003, following the defections of most of the top European basketball teams from the former FIBA SuproLeague, which heralded the formation of the new version of the Turkish Airlines EuroLeague, under the umbrella of Euroleague Basketball.

FIBA was aiming to create a competition similar to the former Suproleague to rival the Euroleague.

Since the 2007-08 and following am agreement between ULEB and FIBA the two EuroChallenge finalists were promoted to the next season's 2nd tier level, the EuroCup competition.

In 2015, FIBA Europe dissolved the EuroChallenge, to start a new self-anointed second-tier competition, called the Basketball Champions League (BCL), in an attempt to compete with the EuroCup.