The 2006–07 FIBA EuroCup Challenge was the fifth edition of Europe's fourth-tier level transnational competition for men's professional basketball clubs.^[1] The season had the participation of 16 teams. The Russian club CSK VVS-Samara won the title, after beating the Cypriot club Keravnos in the Final.

Country	Teams	Clubs
Czech Republic	3	Mlékárna Kunín	Prostějov	A plus OHL ŽS Brno
Cyprus	2	Keravnos	Pizza Express Apollon
Iceland	2	Keflavík	Njarðvík
Ukraine	2	Dnipro	Cherkaski Mavpy
Estonia	1	Tartu ÜSK Rock
Greece	1	Olympias Patras
Israel	1	Hapoel Galil Elyon
Romania	1	U-Mobitelco Cluj-Napoca
Russia	1	CSK VVS-Samara
Sweden	1	Holmen Norrköping
Switzerland	1	Boncourt

2006–07 FIBA EuroCup Challenge
CSK VVS-Samara BC 1st title

Group A Team Pld W L PF PA Diff Tie-break 1. Prostějov 6 4 2 506 488 +18 1–1 (+1) 2. Pizza Express Apollon 6 4 2 479 477 +2 1–1 (-1) 3. Olympias Patras 6 3 3 473 448 +25 4. Hapoel Galil Elyon 6 1 5 502 547 −45

Group B Team Pld W L PF PA Diff Tie-break 1. U-Mobitelco Cluj-Napoca 6 4 2 477 494 −17 2–0 (+10) 2. Keravnos 6 4 2 522 491 +31 0–2 (-10) 3. A plus OHL ŽS Brno 6 3 3 470 440 +30 4. Boncourt 6 1 5 448 492 −44

Group C Team Pld W L PF PA Diff Tie-break 1. CSK VVS-Samara 6 5 1 495 446 +49 2. Cherkaski Mavpy 6 4 2 544 518 +26 3. Tartu ÜSK Rock 6 3 3 508 497 +11 4. Njarðvík 6 0 6 501 583 −82

Group D Team Pld W L PF PA Diff Tie-break 1. Dnipro 6 5 1 495 446 +49 2. Mlékárna Kunín 6 4 2 540 478 +62 3. Holmen Norrköping 6 2 4 510 549 −39 4. Keflavík 6 1 5 544 616 −72

The quarterfinals were two-legged ties determined on aggregate score. The first legs was played on January 11, 2007. All return legs were played on January 18, 2007.

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Keravnos	166–157	Prostějov	75–76	91–81
Pizza Express Apollon	168–146	U-Mobitelco Cluj-Napoca	82–71	86–75
Mlékárna Kunín	133–165	CSK VVS-Samara	64–84	69–81
Cherkaski Mavpy	169–175	Dnipro	89–87	80–88

The quarterfinals were two-legged ties determined on aggregate score. The first legs was played on February 28, 2007 and on March 1, 2007. All return legs were played on March 8.

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Keravnos	163–138	Dnipro	72–67	91–71
Pizza Express Apollon	127–151	CSK VVS-Samara	77–75	50–76

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Keravnos	166–184	CSK VVS-Samara	85–83	81–101

2006–07 FIBA EuroCup Challenge
CSK VVS-Samara 1st title

Rank	Player	Team	Total	PPG
1	LeVar Seals	U-Mobitelco Cluj-Napoca	183	22.9
2	Thomas Soltau	Keflavík	136	22.6
3	Nikita Shabalkin	CSK VVS-Samara	270	22.5
4	Jeb Ivey	Njarðvík	127	21.2
5	Friðrik Stefánsson	Njarðvík	549	16.1

Rank	Player	Team	Total	RPG
1	Erryol Bing	Boncourt	78	13.0
2	Jonathan Oden	Pizza Express Apollon	100	10.0
3	Friðrik Stefánsson	Njarðvík	60	10.0
4	Donatas Zavackas	Dnipro	96	9.6
5	Petr Benda	A plus OHL ŽS Brno	549	16.1

Rank	Player	Team	Total	APG
1	Omar Cook	CSK VVS Samara	80	6.7
2	Ivan Tomeljak	Pizza Express Apollon	49	4.9
3	George Tsintsadze	Tartu ÜSK Rock	29	4.8
4	Tanel Tein	Tartu ÜSK Rock	26	4.3
5	Stepán Vrubl	A plus OHL ŽS Brno	25	4.2