They reached the playoff final, where they defeated Maccabi Tel Aviv 73–72 to claim their first championship, with Malik Dixon scoring the winning shot two seconds prior to the end of the game.

[9] That same year, Hapoel Holon reached the Final Four of the Basketball Champions League for the first time, which was held in Bilbao, Spain.

The team, however, was unable to secure a victory in either game, losing to Lenovo Tenerife in the semifinals and to Riesen Ludwigsburg in the third-place playoff.

Due to its low capacity of 2,800 seats, the tin hall was deemed unfit for hosting Israeli basketball premiere league games.

The team's 2 titles were won by 2 winning baskets, scored by the 2007–08 PG Malik Dixon, and 2008–09 SG Brian Tolbert.

Tolbert scored a three-point buzzer-beater in the cup final, after he got the ball from an inbound pass by Deron Washington.

Over the years the club has signed several former NBA players, including P. J. Tucker, Ken Bannister, Clarence Kea, Cliff Pondexter, Albert King, Richard Dumas, and Dominic McGuire.

John Thomas, who played in the 2009–10 season, is also a former NBA player, with a history in five teams, including the New Jersey Nets and Atlanta Hawks.