Iraklis won the inaugural Greek League championship in 1928.[2][3] To win the championship, Iraklis had to eliminate AEK Athens and Near East, before beating VAO in the championship game.[4] The team won its second Greek championship in 1935.[2] Also in the team's history, three times Iraklis finished in second place in the Greek Championship (1936, 1962, and 1964), three times Iraklis has been a Greek Cup Finalist (1981, 1994, and 1996), and two times Iraklis made it to the semifinals of the European 2nd-tier level league Cup Winners' Cup.[5]
In 2006, Iraklis was relegated to the Greek A2 Basket League, after finishing 13th in the first-tier Greek League.[8] In 2010, after four seasons in the second-tier level Greek League, the team was promoted back up to the top-tier Greek Basket League.[9] After one season in the Greek top-tier level, Iraklis was again relegated down to the A2, with two matches left in the season.[10] At the end of the season, Iraklis chose to play in the third-tier level of Greek basketball, the Greek B Basket League, in order to clear its debts.[11][12][13] The club was promoted to the Greek A2 Basket League in 2013, after finishing 2nd in its group, and after Peristeri failed to receive financial clearance to participate in the league.[14]
In the 2018–19 season, Iraklis won the promotion playoffs of the Greek A2 League, and was promoted up to the top level Greek Basket League, for the first time in 8 years.[15] During the 2019–20 season, Iraklis is taking part in the Greek Basket League organized by the Hellenic Basketball Federation. The season started in October 2019 and was scheduled to end in June 2020. However, due to the coronavirus pandemic, the championship was terminated earlier. Iraklis took the 7th place with 29 points, having 9 wins and 11 losses in a total of 20 games. In the 2020–21 season, Iraklis returned to European competitions, taking part in the qualifying round of the Basketball Champions League and later on in the 2020–21 FIBA Europe Cup where the club reached the Top16 round having 3 wins and 1 loss. In the 2020–21 season Iraklis took the 10th place with 29 points, having 7 wins and 15 losses in a total of 22 games.
In earlier times, Iraklis played its home games at the Thessaloniki Forum. Iraklis currently plays its home games in the Ivanofeio Sports Arena, an arena with a seating capacity of 2,221.[16] The arena opened in 1987, and it was expanded to its current capacity in 1991. Ivanofeio is situated in the Thessaloniki city center, and it is owned by the GS Iraklis multi-sport club.[17]
Supporters
The most prominent supporters' club of the team is Aftonomi Thira 10 (meaning Autonomous Gate 10), a fan club with a total of 15 branches in Northern Greece.[18] The fan club is known for holding an antiracist stance, as it participates in the Ultras Antiracist Festival.[19] Other activities of the fan club include the publication of a magazine, and the conducting of an annual festival.[20][21] Other minor supporters' clubs are SFISE, Blue Boys, A.P.A.T.S.I., and Iraklis Fan Club of Athens.[22] In a 2013 opinion poll, Iraklis was ranked as the 6th most popular basketball club in Greece, gathering 2.8% of the participating supporters' votes.[23]
Players
Current roster
Note: Flags indicate national team eligibility at FIBA-sanctioned events. Players may hold other non-FIBA nationalities not displayed.