The Team of the 20th Century in Icelandic basketball was chosen in 2001.
[1] The selection of the men's team was made by a 50-person panel while a 25-person panel selected the women's team.
[2] Player of the century Pétur Guðmundsson Starting five F - Valur Ingimundarson F - Teitur Örlygsson C - Pétur Guðmundsson G - Jón Sigurðsson G - Jón Kr.
Gíslason Bench G - Þorsteinn Hallgrímsson F - Torfi Magnússon F - Símon Ólafsson G - Kolbeinn Pálsson C - Einar Bollason F - Guðmundur Bragason G - Pálmar Sigurðsson Player of the century Anna María Sveinsdóttir Starting five F - Linda Stefánsdóttir F - Guðbjörg Norðfjörð C - Anna María Sveinsdóttir G - Linda Jónsdóttir G - Björg Hafsteinsdóttir Bench F - Hanna Björg Kjartansdóttir G - Alda Leif Jónsdóttir F - Erla Þorsteinsdóttir C - Kolbrún Leifsdóttir F - Hafdís Helgadóttir G - Emilía Sigurðardóttir G - Erla Reynisdóttir Einar Bollason Friðrik Ingi Rúnarsson Jón Otti Ólafsson Leifur S. Garðarsson