In the 1996–97 season Olympiacos became the 8th club in the history of European Basketball and also the 1st club in the history of Greek basketball that made the Triple Crown achievement having won the Greek Basketball Cup, the FIBA EuroLeague and the Greek Basket League.
Franko Nakić 9.
Chris Welp 13.
Aleksey Savrasenko 14.
David Rivers 15. (Final Four MVP) Anatoly Zourpenko|}
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April 12, O.A.C.A. Olympic Indoor Hall, Athens|}
April 13, O.A.C.A. Olympic Indoor Hall, Athens|}
Day 1, 19/09/1996|}Day 2, 26/09/1996|}Day 3, 03/10/1996|}Day 4, 10/10/1996|}Day 5, 17/10/1996|}Day 6, 06/11/1996|}Day 7, 13/11/1996|}Day 8, 21/11/1996|}Day 9, 05/12/1996|}Day 10, 12/12/1996|}
| width=15 | width=220 | Team | width=20 | Pld | width=20 | W | width=20 | L | width=20 | PF | width=20 | PA | width=30 | Diff | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. |  Teamsystem Bologna | 10 | 7 | 3 | 773 | 742 | +31 | ||||||||
| 2. |  Estudiantes Argentaria | 10 | 6 | 4 | 798 | 821 | -23 | ||||||||
| 3. | Cibona | 10 | 6 | 4 | 713 | 679 | +34 | ||||||||
| 4. | Alba Berlin | 10 | 6 | 4 | 755 | 723 | +22 | ||||||||
| 5. | Olympiacos | 10 | 5 | 5 | 770 | 711 | +59 | ||||||||
| 6. |  Spirou | 10 | 0 | 10 | 699 | 832 | -133 |
Day 1, 09/01/1997|}Day 2, 16/01/1997|}Day 3, 13/01/1997|}Day 4, 06/02/1997|}Day 5, 13/11/1996|}Day 6, 21/11/1996|}
| width=15 | width=220 | Team | width=20 | Pld | width=20 | W | width=20 | L | width=20 | PF | width=20 | PA | width=30 | Diff | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Stefanel Milano | 16 | 11 | 5 | 1234 | 1175 | +59 | ||||||||
| 2. | Alba Berlin | 16 | 10 | 6 | 1193 | 1167 | +26 | ||||||||
| 3. | Olympiacos | 16 | 9 | 7 | 1236 | 1131 | +105 | ||||||||
| 4. |  Maccabi Tel Aviv | 16 | 9 | 7 | 1209 | 1173 | +32 | ||||||||
| 5. | CSKA Moscow | 16 | 8 | 8 | 1178 | 1175 | +3 | ||||||||
| 6. | Spirou | 16 | 1 | 15 | 1123 | 1297 | -174 |
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