In the season 2021-22 the cup was finally played, and BK VEF Rīga won it for the first time.

After former Latvia NT player Kristaps Janičenoks became the director of Latvian Basketball League, he restored the competition in 2020.

Title defenders VEF won the tie and went back to the Final, where it met BK Liepāja.

In 2023-24 season the biggest surprise was the newly created team Rīgas Zeļļi reaching the final, as they won the semi-final battle against previous finalist BK Liepāja.

Although, Ventspils won the first game, VEF overcame the deficit in the second leg and easily qualified for the final once again.