Úrvalsdeild karla (English: Men's Premier League), also known as Bónus deild karla for sponsorship reasons, is the highest men's professional basketball competition among clubs in Iceland, where play determines the national champion.

The bottom clubs are relegated, and replaced by the top team from the regular-season phase and the four-team playoff round winner of the second-level First Division (Icelandic: 1. deild karla).

The team of ÍKF had the advantage of its close proximity with the US Naval Air Station at Keflavík International Airport and therefore could play competitive games with American players who had high school and college experience.

Its last victory in 1977 marked an end of an era and the rise of the Suðurnes rivals Keflavík and Njarðvík.

[3] Shortly later, KR signed fellow American Curtis Carter who immediately caught the attention of the fans and media with his powerful play and dunks.

Stats through the end of the 2020–21 Úrvalsdeild karla season: 1 Assists where not counted during Jón Kr.

The Men's Domestic All-First Team is an annual Úrvalsdeild honor bestowed on the best players in the league following every season.