Olympiacos B.C. (Greek: ΚΑΕ Ολυμπιακός Σ.Φ.Π.), commonly referred to as Olympiacos and Olympiacos Piraeus, is a Greek professional basketball club based in Piraeus, Athens, part of the major multi-sport club, Olympiacos CFP. The team currently competes only in the EuroLeague, after their decision to withdraw from the 2018–19 games against arch-rival Panathinaikos over long-standing refereeing disputes; thus, the club is represented by a reserve team for the domestic competitions, called Olympiacos B.C. B Development Team. The parent club was founded in 1925, with the basketball team created in 1931, and their home ground is the Peace and Friendship Stadium in Piraeus.
Olympiacos has been established as one of the most successful clubs in Greek basketball history and one of the most successful clubs in European basketball, having won three EuroLeagues, one FIBA Intercontinental Cup, one Triple Crown, twelve Greek League titles and nine Greek Cups. As a traditional European powerhouse, Olympiacos have also been five times EuroLeague runners-up and, having played a total of eight finals, they are the Greek club with the most EuroLeague Final appearances. They have also participated in ten EuroLeague Final Fours.
The first major achievement of Olympiacos in European competitions was their presence in the 1978–79 FIBA European Champions Cup semifinals group stage, but it was in the 1990s that Olympiacos made their biggest mark. They became the first ever Greek club that reached the EuroLeague Final, being runners-up in two consecutive seasons (1994 and 1995), winning their first EuroLeague title in 1997, after a convincing 73–58 win to Barcelona in Rome, which was a record margin win at the time for one-leg final in the competition's history. In the same season, they achieved the first Triple Crown for a Greek team and as European champions they played in the 1997 McDonald's Championship, where they met in the final the Michael Jordan's NBA champions, the Chicago Bulls. During the 1990s, besides their constant achievements in EuroLeague, also adding a third place in 1999, Olympiacos dominated the Greek Basket League with five consecutive titles, at a time when the Greek championship was considered Europe's best national basketball league. Thus, FIBA declared Olympiacos as the "Best European Team of the 1990s".[5][6]
Olympiacos returned to the very top of European basketball in 2010, when they reached the final against Barcelona in Paris, but mostly in 2012, when they won their second EuroLeague title in Istanbul, by rallying from 19 points down in the championship game, to beat CSKA Moscow 62–61, on the last shot of the game, achieving the greatest comeback in European basketball finals history, and one of the greatest ever seen in European continental basketball. In 2013, Olympiacos won their third EuroLeague title and became the only Greek club and only the third club in European basketball history to be crowned back-to-back European champions in the modern EuroLeague Final Four era, after beating Real Madrid 100–88 in the London final.[7] Later on, Olympiacos won the Intercontinental Cup, celebrating a third international title in 17 months.
Some of the greatest players in European basketball have played for Olympiacos over the years including: Charlie Yelverton, Carey Scurry, Žarko Paspalj, Giorgos Sigalas, Dragan Tarlać, Walter Berry, Panagiotis Fasoulas, Roy Tarpley, Eddie Johnson, Alexander Volkov, David Rivers, Chris Welp, Artūras Karnišovas, Arijan Komazec, Dino Rađja, Theo Papaloukas, Alphonso Ford, Tyus Edney, Arvydas Macijauskas, Ioannis Bourousis, Miloš Teodosić, Nikola Vujčić, Josh Childress, Linas Kleiza, Rašho Nesterović, Kostas Papanikolaou, Kostas Sloukas, Kyle Hines, Joey Dorsey, Stratos Perperoglou, Acie Law, Georgios Printezis and Vassilis Spanoulis. Under the ownership of billionaire Greek brothers Panagiotis Angelopoulos and Giorgos Angelopoulos, Olympiacos made a record transfer in 2008, by signing NBA player Josh Childress, whose US$20 million net income contract for three years made him the highest-paid basketball player in the world ever, outside the NBA.
Olympiacos | |
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Nickname | Thrylos (The Legend) Erythrolefki (The Red-Whites) Kokkini (The Reds) |
Leagues | EuroLeague |
Founded | 1931 |
History | Olympiacos Piraeus B.C. (1931–present) |
Arena | Peace and Friendship Stadium |
Capacity | 12,000[1][2][3][4] |
Location | Piraeus, Greece |
Team colors | Red, White |
President | Panagiotis Angelopoulos |
Head coach | Georgios Bartzokas |
Team captain | Vassilis Spanoulis |
Ownership | Giorgos Angelopoulos Panagiotis Angelopoulos |
Championships | 3 EuroLeagues 1 FIBA Intercontinental Cup 12 Greek Championships 9 Greek Cups 1 Triple Crown |
Tournament details | |
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Arena | Yad Eliyahu Arena Tel Aviv, ![]() |
Dates | April 1994 |
Final positions | |
Champions | ![]() |
Runners-up | ![]() |
Third place | ![]() |
Fourth place | ![]() |
Awards and statistics | |
MVP | ![]() |
The A1 National Men's Basketball Championship 1993-1994 was the 8th since the establishment of the A1 National Division and the 2nd professional tournament organized by ESAKE (then ESAK). For the first time since the introduction of A1, the score of the regular season remained unchanged after the games of the play offs, as no team managed to "break" the advantage of the home in the total of 10 pairs formed in all phases of the playoffs. .
Became champion for the second consecutive year the Olympiacos , beating 3-2 in the final series to rival PAOK , while the third place won by Panathinaikos , which led to the European Championship next year , since Greece was first secured three positions in the leading European inter-club competition.
The series of finals was extremely interesting and the title was judged in the fifth and last match at the Peace and Friendship Stadium , where Olympiakos, defeating PAOK with a score of 70-65, reached the title. The match had an episodic final, as just seconds before the end PAOK players left the protesting locker room to return after a 40-minute break and under threat of exclusion from the next European Championship, with 5 players without even wearing their socks. in order for the race to end.
Advantage | Series | Disadvantage | Races | ||||
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1st | 2nd | 3rd | 4th | 5th | |||
Olympiacos | 3−2 | PAOK | 81−66 | 68−81 | 80−73 | 62−68 | 70−65 |
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