Player of the Year: Chuck Eidson (201-F-80) (Rytas)
Guard of the Year: Chuck Eidson (Rytas)
Forward of the Year: Kelly McCarty (Khimki)
Center of the Year: Todor Gecevski (209-C-77) (Zadar)
Import Player of the Year: Kelly McCarty (201-F-75) (Khimki)
European Player of the Year: Mindaugas Lukauskis (198-G-79) (Rytas)
Defensive Player of the Year: Stefan Markovic (194-G-88) (Hemofarm)
Co-Coach of the Year: Rimas Kurtinaitis (Rytas) and Stevan Karadzic (Hemofarm)

1st Team
Kelly McCarty (201-F-75) (Khimki)
Mindaugas Lukauskis (Rytas)
Todor Gecevski (Zadar)
Bostjan Nachbar (207-G/F-80) (Dynamo Moscow)
Chuck Eidson (Rytas)

2nd Team
Travis Hansen (198-G/F-78) (Dynamo Moscow)
Marko Banic (204-F-84) (Bilbao)
Gary Neal (193-G-84) (Benetton)
Sandro Nicevic (210-C-76) (Benetton)
Matt Nielsen (208-F/C-78) (Pamesa)

Honorable Mention
Carlos Delfino (199-G-82) (Khimki)
Rok Stipcevic (188-G-86) (Zadar)
Khalid El-Amin (178-G-79) (Azovmash)
Judson Wallace (205-F/C-82) (Benetton)
Javier Salgado (180-G-80) (Bilbao)
Hrvoje Peric (203-F-85) (Zadar)
Vule Avdalovic (189-G-81) (Pamesa)
Miljan Pavkovic (178-G-81) (Hemofarm)

All-Europeans Team
Todor Gecevski (Zadar)
Marko Banic (Bilbao)
Bostjan Nachbar (Dynamo Moscow)
Mindaugas Lukauskis (Rytas)
Sandro Nicevic (Benetton)

All-Imports Team
Khalid El-Amin (Azovmash)
Chuck Eidson (Rytas)
Kelly McCarty (Khimki)
Gary Neal (Benetton)
Matt Nielsen (Pamesa)

All-Defensive Team
Stefan Markovic (Hemofarm)
Robertas Javtokas (211-C-80) (Dynamo Moscow)
Judson Wallace (Benetton)
Timofey Mozgov (215-C-86) (Khimky)
Travis Hansen (Dynamo Moscow)