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Valur
Valur
Leagues	Úrvalsdeild karla
Founded	25 December 1951; 73 years ago (as Gosi)
History	Gosi; (1951–1957); KFR; (1957–1970); Valur; (1970–2000); Valur/Fjölnir; (2000–2001); Valur; (2001–present)
Arena	Hlíðarendi
Location	Reykjavík, Iceland
Team colors	red, white, blue;
President	Svali Björgvinsson
Head coach	Finnur Freyr Stefánsson
Assistant(s)	Jamil Abiad
Championships	4 Icelandic Championships
Website	Valur.is
Home	Away

The Valur men's basketball team, commonly known as Valur, is a basketball team based in Reykjavík, Iceland. It is part of the Valur multi-sport club.

History

The club was founded as Gosi on 25 December 1951^[2] and was one of the founding members of the Icelandic men's top division.^[3] On 22 December 1957 the club changed its name to Körfuknattleiksfélag Reykjavíkur (English: Reykjavík Basketball Club) and played under that name until 1970.^[4] On 3 October 1970 the club merged into Valur sports club and became its basketball department.^[5]^[6]

Under the new name, Valur had considerable success in the 1980's, winning the Icelandic championship two times, in 1980 and 1983,^[7] and the Icelandic cup three times, 1980, 1981 and 1983.^[8]

In 1992, Valur reached the Úrvalsdeild finals where it lost to Keflavík 2-3.^[9]^[10]

In 2022, Valur won its third national championship after beating Tindastóll in the Úrvalsdeild finals. On 2 October 2022, Valur won its first Super Cup, after defeating Icelandic Cup holders Stjarnan 80-77.^[11]

On 14 January 2023, Valur won its fourth Icelandic Cup title, and its first in 40 years, after defeating Stjarnan in the Cup final.

Honours

Úrvalsdeild karla

Winners (4): 1980, 1983, 2022, 2024

Icelandic Cup

Winners (4): 1980, 1981, 1983, 2023

Icelandic Super Cup

Winners (2): 2022, 2023

Division I

Winners (2): 1997, 2002

Individual awards

Úrvalsdeild Men's Domestic Player of the Year ^[12]
- Kári Jónsson – 2023
- Kristófer Acox – 2022
- Magnús Matthíasson – 1991
- Rick Hockenos – 1978
- Torfi Magnússon – 1982
- Þórir Magnússon – 1974
Úrvalsdeild Men's Foreign Player of the Year
- Tim Dwyer – 1979, 1980, 1983
Úrvalsdeild Men's Domestic All-First Team ^[13]
- Kári Jónsson – 2023
- Kristófer Acox – 2021, 2022, 2023
- Magnús Matthíasson – 1991, 1993
- Tómas Holton – 1989
Úrvalsdeild Men's Young Player of the Year ^[14]
- Magnús Matthíasson – 1991
1. deild karla Player of the Year^[15]
- Ragnar Jónsson – 1997
1. deild karla Coach of the Year^[15]
- Torfi Magnússon – 1997
Icelandic Cup Finals MVP
- Kári Jónsson – 2023

Notable players

Note: Flags indicate national team eligibility at FIBA-sanctioned events. Players may hold other non-FIBA nationalities not displayed.

Criteria
To appear in this section a player must have either: Set a club record or won an individual award while at the club Played at least one official international match for their national team at any time Played at least one official NBA match at any time.

Coaches

Ólafur Þór Thorlacius 1970–1974
Guðmundur Þorsteinsson 1974–1976
Tim Dwyer 1978–1980, 1982–1983
Vladimir Obuchov 1990–1991
Tómas Holton 1991–1992
Svali Björgvinsson 1992–1993, 1994, 1997–1999
Ágúst Björgvinsson 2011–2019
Finnur Freyr Stefánsson 2020–present

European record

Season	Competition	Round	Opponent	Home	Away	Aggregate
1980–81	FIBA European Cup Winners' Cup	1Q	Cibona Zagreb	79–110	90–120	169–230
1981–82	FIBA European Cup Winners' Cup	1Q	Crystal Palace	80–118	81–104	161–222
1992–93	FIBA Korać Cup	1Q	CRO Lyon	74–109	88–128	162–237