The 1993–94 FIBA European League, also shortened to 1993–94 FIBA EuroLeague, was the 37th installment of the European top-tier level professional club competition for basketball clubs (now called EuroLeague). It began on September 9, 1993, and ended on April 21, 1994. The competition's Final Four was held at Tel Aviv. The competition was won by 7up Joventut against . Olympiacos by two points in the final match. It has been the club's only Euroleague (European League) title.
Limoges CSP, the defending champions, were eliminated in the quarterfinals by Panathinaikos.
Federal Republic of Yugoslavia's entrant was unable to participate for the second season in a row due to the UN economic sanctions. After the 1993 dissolution of Czechoslovakia, Czech Republic and Slovakia each had representative clubs in the competition for the first time.
41 teams (the cup title holder, national domestic league champions, and a variable number of other clubs from the most important national domestic leagues) played knock-out rounds on a home and away basis. The aggregate score of both games decided the winner.
The sixteen remaining teams after the knock-out rounds entered the Regular Season Group Stage, divided into two groups of eight teams, playing a round-robin. The final standing was based on individual wins and defeats. In the case of a tie between two or more teams after the group stage, the following criteria were used to decide the final classification: 1) number of wins in one-to-one games between the teams; 2) basket average between the teams; 3) general basket average within the group.
The top four teams from each group after the Regular Season Group Stage qualified for a quarterfinal playoff (X-pairings, best of 3 games).
The four winners of the quarterfinal playoff qualified for the final stage (Final Four), which was played at a predetermined venue.
Team allocation
The labels in the parentheses show how each team qualified for the place of its starting round:
TH: Title holder
1st, 2nd, 3rd, 4th, 5th, etc.: League position after eventual Playoffs