In November 1925, Oscar Paolillo and Estevam Stratta became the first Palestra Itália athletes to represent the São Paulo Basketball Team in a friendly match.

In 1934, the Palmeiras men's basketball team earned the honor of representing Brazil at the South American Championship in Buenos Aires, Argentina, where they secured a respectable third place.

The following year, they represented Brazil again at the South American Championship in Rio de Janeiro, cementing Palmeiras as one of the few clubs in the country to achieve such an international distinction.

During this golden era, a popular phrase emerged among Palmeiras fans: “It’s with the foot, it’s with the hand, Palestra is Champion!” This reflected the club's dominance in both football and basketball, as they triumphed in numerous competitions across the two sports.

The team remained competitive and achieved significant success through the early 1980s, winning major titles and producing several nationally acclaimed athletes.