The LKL Most Valuable Player Award is the annual award that is given by the Lithuanian Basketball League (LKL), the top-tier professional basketball league in Lithuania, to its Most Valuable Player of each regular season. The award was presented by LKL for the first time after 1993–94 LKL season. Since 1993–94 LKL season, four players have won the award more than once: Tanoka Beard (4-time winner), Gintaras Einikis, Andrius Giedraitis and Ramūnas Šiškauskas (2-time winners). Lithuanian players won the most MVPs. The MVP is being awarded after regular season, the player is elected by the league.
| Denotes player whose team won championship that year | |
| Player (X) | Denotes the number of times the player had been named MVP at that time |
| Season | Player | Position | Nationality | Team | |
|---|---|---|---|---|---|
| 1993–94 |  Lithuania | Žalgiris | |||
| 1994–95 | Gintaras Einikis (2) | Lithuania | Žalgiris | ||
| 1995–96 | Lithuania | Žalgiris | |||
| 1996–97 | Lithuania | Sakalai | |||
| 1997–98 | Andrius Giedraitis (2) | Lithuania | Sakalai | ||
| 1998–99 | N/A | — | — | — | |
| 1999–00 | Lithuania | Žalgiris | |||
| 2000–01 | Lithuania | Lietuvos rytas | |||
| 2001–02 | Ramūnas Šiškauskas (2) | Lithuania | Lietuvos rytas | ||
| 2002–03 |  United States | ||||
| 2003–04 | Tanoka Beard (2) | United States | Žalgiris | ||
| 2004–05 | Tanoka Beard (3) | United States | |||
| 2005–06 | Lithuania | Žalgiris | |||
| 2006–07 | Tanoka Beard (4) | United States | Žalgiris | ||
| 2007–08 | Lithuania | Šiauliai | |||
| 2008–09 | United States | Lietuvos rytas | |||
| 2009–10 | Lithuania | Nevėžis | |||
| 2010–11 | Lithuania | Juventus | |||
| Lithuania | Lietuvos rytas | ||||
| Lithuania | Prienai | ||||
 Colombia | Lietuvos rytas | ||||
| Lithuania | Lietuvos rytas | ||||
| Lithuania | Vytautas | ||||
| United States | Juventus | ||||
| Lithuania | Šiauliai | ||||
| Martinas Geben[1] | Lithuania | Juventus | |||
| N/A | — | — | — | ||
| Elvar Már Friðriksson[2] |  Iceland | Šiauliai | |||
| Ivan Buva[3] | Croatia | Rytas | |||
| Ahmad Caver[4] | United States | Wolves | |||
| Ąžuolas Tubelis[5] | Lithuania | Neptūnas |
Source for the MVPs since the 2009–10 LKL season.[6]