Željko Rebrača (Serbian Cyrillic: Жељко Ребрача; born April 9, 1972) is a retired Serbian professional basketball player. After playing in the National Basketball Association (NBA), he finished his career with the Spanish ACB League team Pamesa Valencia.

Rebrača began his professional career in 1991, with KK Partizan. With KK Partizan, he won 2 Yugo League championships (1992 and 1995), 3 Yugoslav Cups (1992, 1994, and 1995), and the Euroleague (1992).

In 1995–99, he played in the Italian League for Benetton Treviso, where he won the Italian League championship in 1997, under coach Mike D'Antoni. He followed up that by winning the Italian Supercup in 1997, and the Saporta Cup in 1999, while playing under coach Željko Obradović.

He also played for the European basketball giant Panathinaikos, during the 1999–00 and 2000–01 seasons, winning with them 2 Greek League championships and 1 Euroleague championship, at the Euroleague Final Four in 2000, which was hosted in Thessaloniki. He was awarded with the Euroleague Final Four MVP.