The All-EuroLeague Team is an award for the EuroLeague's top ten basketball players for each season, since the 2000–01 season. During the FIBA era of the EuroLeague, players were honored first by being a part of the FIBA Festival, and later by being selected to the FIBA EuroStars. Under FIBA, the EuroLeague also originally featured a EuroLeague Final Four Team selection, which was a forerunner of the All-EuroLeague Team award, and which consisted of the five best players of the EuroLeague Final Four.
In a year in which European professional club basketball was divided between the Euroleague Basketball-organized 2000–01 Euroleague, and the FIBA-organized 2000–01 FIBA SuproLeague, it was the Euroleague Basketball organized competition that selected the inaugural All-EuroLeague Team.
Within the inaugural team, only Rashard Griffith of Virtus Bologna had reached the competition's semifinals with his team, and only one other player, Fortitudo Bologna's Gregor Fučka, made it to the competition's quarterfinals with his. With the exception of that original All-Euroleague Team selection, team success has been capital for a player to achieve All-EuroLeague status, in the great majority of cases. The priority of the team success criteria, as a part of the media member's voting, was unofficially established, after the merger of Euroleague Basketball's EuroLeague, and FIBA Europe's FIBA SuproLeague, at the end of the 2000–01 season.