The 1989 FIBA European Champions Cup Final Four was the 1988–89 season's FIBA European Champions Cup Final Four tournament, organized by FIBA Europe.

Jugoplastika won its first title, after defeating Maccabi Elite Tel Aviv in the final game.

	Semi-finals				Final
	Maccabi Elite Tel Aviv	99
	Aris	86
					Maccabi Elite Tel Aviv	69
					Jugoplastika	75
	FC Barcelona	77
	Jugoplastika	87
					Third place
					Aris	88
					FC Barcelona	71

4 April 1989 18:00

Boxscore[usurped]

Maccabi Elite Tel Aviv	99–86	Aris
Scoring by half: 50–48, 49–38
Pts: Jamchy 28		Pts: Giannakis 25

Olympiahalle, Munich Attendance: 12,000 Referees: Vittorio Fiorito (ITA), Philippe Mailhabiau (FRA)

4 April 1989 20:00

Boxscore[usurped]

FC Barcelona	77–87	Jugoplastika
Scoring by half: 41–50, 36–37
Pts: Epi 16		Pts: Kukoč 24

Olympiahalle, Munich Attendance: 12,000 Referees: Lubomir Kotleba (TCH), Carl Jungebrand (FIN)

6 April 1989 18:00

Boxscore[usurped]

Aris	88–71	FC Barcelona
Scoring by half: 48–38, 40–31
Pts: Galis 36		Pts: Norris 18

Olympiahalle, Munich Attendance: 10,000 Referees: Carl Jungebrand (FIN), Philippe Mailhabiau (FRA)

6 April 1989 20:00

Boxscore[usurped]

Maccabi Elite Tel Aviv	69–75	Jugoplastika
Scoring by half: 35–35, 34–40
Pts: Jamchy 25 Rebs: Magee 11 Asts: Barlow 1		Pts: Rađa 20 Rebs: Rađa 10 Asts: Kukoč 3

Olympiahalle, Munich Attendance: 12,000 Referees: Lubomir Kotleba (TCH), Vittorio Fitorio (ITA)

Maccabi Elite Tel Aviv

Jugoplastika

Starters: P R A PG 10 Hen Lippin 2 0 0 SG 12 Doron Jamchy 25 0 0 SF 15 Ken Barlow 13 6 1 PF 13 Kevin Magee 10 11 0 C 8 LaVon Mercer 10 7 0 Reserves: P R A SG 4 Willie Sims 9 1 0 SF 5 Motti Daniel 0 0 0 C 9 Eliezer Gordon DNP PG 11 Gideon Mehdi DNP C 14 Itzhak Cohen 0 0 0 Head coach: Zvi Sherf

1988–89 FIBA European Champions Cup Champions Jugoplastika First title

Starters: P R A PG 6 Luka Pavićević 4 1 0 SG 12 Duško Ivanović 12 0 2 SF 7 Toni Kukoč 18 2 3 PF 8 Goran Sobin 11 6 2 C 14 Dino Rađa 24 10 2 Reserves: P R A PG 4 Zoran Sretenović 7 1 1 SF 5 Velimir Perasović 1 0 0 PF 9 Teo Čizmić DNP PG 10 Ivica Burić DNP C 11 Žan Tabak 2 3 0 Head coach: Božidar Maljković

• Dino Rađa ( Jugoplastika)

• Doron Jamchi ( Maccabi Elite Tel Aviv)

• 1988–89 EuroLeague at FIBAEurope.com
• Linguasport^[usurped]