The 1988 McDonald's Open took place at Palacio de los Deportes in Madrid, Spain.

Club Qualified as Real Madrid Host club Scavolini Pesaro Champions of the 1987–88 Serie A Yugoslavia Olympic silver of the 1988 Summer Olympics Basketball Tournament Boston Celtics Official guest from the NBA (3rd place 1987-88 NBA season)

All games were held at the Palacio de los Deportes in Madrid, Spain.

	Semi-finals				Final
	October 21
	Real Madrid	108
					October 24
	Scavolini Pesaro	96
					Real Madrid	96
	October 21
					Boston Celtics	111
	Boston Celtics	113
	Yugoslavia	85
					Third place
					October 23
					Scavolini Pesaro	91
					Yugoslavia	100

Pos.	Club	Rec.
	Boston Celtics	2–0
	Real Madrid	1–1
	Yugoslavia	1–1
4th	Scavolini Pesaro	0–2

1988 McDonald's Champions
Boston Celtics

• Celtics 1988
• Bird scored 27 points

• NBA International Pre-Season and Regular-Season Games
• List of champions at a-d-c