On 12 July 2017, KK Pärnu announced that they will withdraw from the forthcoming KML season due to financial difficulties.

In the 2019 KML Playoffs, Pärnu Sadam defeated AVIS UTILITAS Rapla in the quarterfinals, but lost to BC Kalev/Cramo in the semifinals.

In the 2022 KML Playoffs, Pärnu Sadam defeated AVIS UTILITAS Rapla the quarterfinals and the defending champion BC Kalev/Cramo in the semifinals to advance to the finals for the second consecutive year.

After failing to qualify for the Champions League, the team played in the FIBA Europe Cup, but didn't advance past the regular season.

Pärnu Sadam were unable to defend their KML title, falling in the semifinals to Tartu Ülikool Maks & Moorits.