Olympiakos became back to back champions, after beating their arch rivals Panathinaikos (82-81) away from home, wrapping up the best of five series with 3-1. In a nail-biting 4th match, the reds and greens went to two extra time 5-minute periods (71-71) after the regular time (63-63). Spanoulis was the man of the moment sinking a 3 point shot in the last second of the 2nd extra period giving his team the win and second championship in a row!