Founded in 1986, Valencia reached the top Spanish League in 1988, but did not stick for good until 1996. Two years later Valencia claimed its first trophy, the Copa del Rey, by downing DKV Joventut Badalona in epic fashion. Soon the then-named Pamesa Valencia became a regular in the Spanish playoffs. In Europe, Valencia reached the Saporta Cup final twice, but lost in 1999 to Benetton Treviso and in 2002 to Montepaschi Siena. Everything changed for Valencia in the 2002-03 season. First came the ULEB Cup title as it swept Krka Novo Mesto in the finals series led by Finals MVP Dejan Tomasevic, Nacho Rodilla and Fabricio Oberto. Valencia then climbed to the Spanish League finals before losing to Barcelona. In its debut EuroLeague season in 2003-04, Valencia reached the Top 16 and came within one win of the Final Four. Valencia had plenty of success in the EuroCup, but didn't lift the trophy again until 2010. Coach Neven Spahija and his players Matt Nielsen, Nando De Colo and Victor Claver helped the then-named Power Electronics Valencia to its second EuroCup title by beating ALBA Berlin in the championship game in Vitoria, Spain. A year later, Valencia went all the way to the EuroLeague playoffs before losing to Real Madrid. Valencia made it to another EuroCup final in 2012, but fell to Khimki Moscow Region. Valencia returned to the EuroCup Finals in 2014 and left no doubts by sweeping Unics Kazan behind an outstanding Justin Doellman. Valencia started the 2014-15 season in the EuroLeague and ended up reaching the EuroCup quarterfinals and the Spanish League semifinals. Last season, coached by Pedro Martinez and with signature stars Rafa Martinez and Bojan Dubljevic, Valencia reached three finals. It lost against Real Madrid in the Copa del Rey title game and against Unicaja Malaga in the EuroCup Finals, but claimed its first-ever Spanish League title by defeating Madrid in the finals with Dubljevic getting MVP honors. That great success sent the team back to the EuroLeague for the 2017-18 season.
|EuroCup: 2002-03, 2009-10, 2013-14
|Spanish National League: 2016-17
|Spanish National Cup: 1998