In season 2007–08, the team played in LEB Oro.

CB Alcúdia played in balearic competitions until 2004-05, when they merge with CB Aracena and they play in LEB Plata with the name of Alcúdia-Aracena.

With Eloy Doce as coach, they reach the LEB Oro in their first season.

After the 2007-08 season, due to economic problems, Palma Aqua Màgica renounces to play in LEB Oro and comes back to balearic divisions.

This article about a basketball team in Spain is a stub.