| 1960–61 FIBA European Champions Cup | |
| League: | FIBA European Champions Cup |
| Sport: | Basketball |
| Finals: | Finals |
| Finals Link: | 1961 FIBA European Champions Cup Finals |
| Finals Champ: | CSKA Moscow |
| Finals Runner-Up: | Rīgas ASK |
| Seasonslistnames: | FIBA European Champions Cup |
| Prevseason Link: | 1959–60 FIBA European Champions Cup |
| Prevseason Year: | 1959–60 |
| Nextseason Year: | 1961–62 |
| Nextseason Link: | 1961–62 FIBA European Champions Cup |
The 1960–61 FIBA European Champions Cup was the fourth season of the European top-tier level professional basketball club competition FIBA European Champions Cup (now called EuroLeague). It was won by CSKA Moscow, after they defeated Rīgas ASK, the reigning three-time defending champions, and the first major dynasty of European professional club basketball . CSKA lost the first game 66–61, but won the second 87–62, and thus became the fourth straight European champions from the Soviet Union League.
24 teams. European national domestic league champions, plus the then current FIBA European Champions Cup title holders only, playing in a tournament system. The Finals were a two-game home and away aggregate.
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1st leg:Daugava Stadion, Rīga, 14 July 1961; Attendance:8,000[1]
2nd leg:Lenin Stadion, Moscow, 22 July 1961; Attendance:15,000[1]