| Prevseason: | 1990–91 |
| Nextseason: | 1992–93 |
| Season: | 1991–92 |
| YUBA League | |
| T Bg: |
|
| Champions: | Partizan (5th title) |
| Runners Up: | Crvena zvezda |
| Semifinalists: | Rabotnički Sloboda Dita |
| Relegated: | Infos RTM |
| Teams: | 12 |
| Mvp Link: | BLS First League MVP |
| Finals Mvp Link: | BLS Playoff MVP |
| Pir: | 25.95 |
| Pir N: | YUG |
| Ppg: | 25.5 |
| Ppg N: | YUG |
| Rpg: | 7.9 |
| Rpg N: | YUG |
| Apg: | 2.6 |
| Apg N: | YUG |
The 1991–92 YUBA League (also known as 1991–92 YUBA Wiener Broker League for sponsorship reasons) was a transitional season of Yugoslav Basketball League, top level Yugoslav basketball competition, first under newly formed Yugoslav Basketball Association (YUBA), and the last that started in SFR Yugoslavia.
YUBA was founded to promote professional basketball in Yugoslavia independent of political situation and when the draw was held in June 1991, following 12 clubs were supposed to contest the league: Slobodna Dalmacija Split, Partizan Inex, Cibona, Zadar, Vojvodina, Infos RTM, Smelt Olimpija, Bosna, Crvena Zvezda, Sloboda Dita, Oveco Zagreb and Godel Rabotnički.
Later, due to Yugoslav Wars, all teams from Slovenia and Croatia abandoned the competition and were replaced with new clubs from the Yugoslav 1. B Federal Basketball League. An impromptu entry tournament for four 1.B Federal League teams—KK Prvi partizan Titovo Užice (soon to have its name changed to KK Užice), KK Spartak Subotica, KK Čelik Zenica, and MZT Skopje—was organized during October 1991 in Titograd.
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The winning roster of Partizan:
Coach: Želimir Obradović