AS Monaco Basket, commonly referred to as AS Monaco or simply Monaco, is a French-registered Monaco-based professional basketball club. They are a part of the Monaco-based multi-sports club of A.S. Monaco, which was founded in 1924.
The club's basketball section was founded four years later in 1928,[1] and it currently competes in the French top-tier level LNB Pro A and the EuroLeague. Monaco plays their home games at Salle Gaston Médecin.
About four years after the parent athletic club, A.S. Monaco, was itself founded, A.S. Monaco Basket was founded in 1928. They finished as runners-up in the French top-tier level Nationale 1 (current LNB Pro A) following the 1950 season, which is regarded as one of their greatest successes in their history. Monaco also won the LNB Pro B (French 2nd Division) championship in the 1973 season, with one of the greatest offenses on the European continent.
After Smith left the team, Monaco found themselves descending in the league. They were relegated to the second division LNB Pro B, later in the decade, and eventually ended up in the Nationale 1 Division. They would not return to the LNB Pro A, the highest division of basketball in France, for many years to come. In 2014, A.S. Monaco Basket was crowned the champions of the French third-tier league, the Nationale Masculine 1 (NM1), and they returned to the LNB Pro B (French 2nd Division).[5]
In the 2014–15 season, Monaco became the French 2nd-tier LNB Pro B champions, and they were finally promoted back to the top-tier league in France, the LNB Pro A. In 2015, the Ukrainian businessman and philanthropist, Sergey Dyadechko, became the President of A.S. Monaco Basket. In the 2015–16 season, Monaco won the 2016 edition of the French Pro A League Cup, after beating Élan Chalon in the finals, by a score of 99–74.[6] Monaco player, Jamal Shuler, was named the French Pro A Leaders Cup MVP.
In the 2016–17 season, Monaco returned to European-wide competitions, when it qualified for one of the pan-European secondary level competitions, the FIBA Basketball Champions League.[7] They finished the season in third place. In 2017, the charity fund, DSF, founded by the club's owner, Dyadechko, became a sponsor of A.S. Monaco Basket. The club also played in the FIBA Champions League, during the 2017–18 season, in which they finished in second place, after they lost to the Greek League club AEK Athens in the final, by a score of 100–94. The club won the 2017 French Pro A League Cup and the 2018 French Pro A League Cup titles. They also finished in second place in the French Pro A League, in the 2017–18 season.
In European-wide competitions, Monaco spent the next three seasons (2018–19, 2019–20, and 2020–21) playing in the other pan-European secondary level competition, the EuroCup, subsequently winning it in 2020–21.[8] In the 2021–22 season, Monaco made its debut in the EuroLeague, the highest pan-European level. Finishing seventh in the regular season with a 15–13 record, Monaco qualified for the playoffs where they lost 2–3 to the second-seeded Olympiacos.
The following season, Monaco was eligible for another EuroLeague season because of their good performance the previous season. They made the playoffs for a second season in a row.[9]
On April 22, 2023, Monaco won its first major trophy when it won its maiden French Basketball Cup with Monaco, after beating ASVEL in the final.[10]Élie Okobo was the cup final's MVP after his 20-point performance.[11] In the same 2022–23 season, Monaco reached new height on the continental level after reaching the 2023 EuroLeague Final Four after beating Maccabi Tel Aviv in the playoffs.[12] They became the third French League club ever to reach the Final Four (after ASVEL and Limoges) and the first to do so in 26 years.[13]
Due to minimum requirements, Monaco was supposed to play its 2021–22 EuroLeague games in the Azur Arena in Antibes. The decision was later overturned, thus the team could play in its usual home arena.[17]