1981–82 FIBA European Cup Winners' Cup
The 1981–82 FIBA European Cup Winners' Cup was the sixteenth edition of FIBA's 2nd-tier level European-wide professional club basketball competition, contested between national domestic cup champions, running from 6 October 1981, to 16 March 1982. It was contested by 23 teams, three more than in the previous edition.
Cibona defeated Real Madrid, in the final held in Brussels, and won the FIBA European Cup Winners' Cup for the first time in its history.Participants
Second round
Quarterfinals
Group A
Group B
| Team | Pld | Pts | W | L | PF | PA | PD |
| 1. |  Real Madrid | 6 | 12 | 6 | 0 | 588 | 517 | +71 |
| 2. |  Stroitel Kyiv | 6 | 9 | 3 | 3 | 500 | 483 | +17 |
| 3. |  Parker Leiden | 6 | 8 | 2 | 4 | 497 | 507 | -10 |
| 4. |  Inter Slovnaft | 6 | 7 | 1 | 5 | 517 | 595 | -78 |
Semifinals
Final
March 16, :fr:Salle Henri Simonet|Salle Henri Simonet, Bruxelles
Cibona
Sinudyne Bologna
Hapoel Ramat Gan
Sutton & Crystal Palace