The 1972 FIBA Korać Cup was the inaugural edition of FIBA's competition for European basketball non national champions and cup winners, running from 4 January to 7 March 1972. 8 teams took part in the competition.
| 1972 FIBA Korać Cup | |
|---|---|
| League | FIBA Korać Cup |
| Sport | Basketball |
| Finals | |
| Champions |  Lokomotiva |
| Runners-up | OKK Beograd |
Lokomotiva from Zagreb defeated OKK Beograd (another Yugoslav club), in a two-legged final to become the competition's first champion.
Season teams
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| |||||||||||||||||||||||||
Quarter finals
edit| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
|---|---|---|---|---|
USC München 
|
117–162 | OKK Beograd
|
71–79 | 46–83 |
Manresa La Casera 
|
165–180 |  Olympique Antibes
|
81–85 | 84–95 |
| Caen
|
170–212 | Lokomotiva
|
83–109 | 87–103 |
| Picadero
|
140–160 |  Standard Liège
|
61–63 | 79–97 |
Semi finals
edit| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
|---|---|---|---|---|
| OKK Beograd
|
160–137 | Olympique Antibes
|
99–72 | 61–65 |
| Lokomotiva
|
167–145 | Standard Liège
|
71–54 | 96–91 |
Finals
edit| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
|---|---|---|---|---|
| OKK Beograd
|
156–165 | Lokomotiva
|
83–71 | 73–94 |
| 1972 FIBA Korać Cup Champions |
|---|
 Lokomotiva 1st title |