The 2007–08 Euroleague was the 8th season of the professional basketball competition for elite clubs throughout Europe, organised by Euroleague Basketball Company, and it was the 51st season of the premier competition for European men's clubs overall. The 2007–08 season featured 24 competing teams. The Euroleague Regular Season draw was held on 30 June 2007, in Jesolo, Italy, during the inaugural Euroleague summer league. The official inauguration was held on October 22, at Hala Olivia in Gdańsk, Poland, before the season's opening game between Prokom Trefl Sopot and CSKA Moscow. The 2008 Final Four was held on May 2–4, 2008, at the Palacio de Deportes de la Comunidad de Madrid in Madrid, Spain. Russian power CSKA Moscow became the champion for the sixth time, placing them second in all-time European championships to Real Madrid.

Arka Gdynia is a Polish professional basketball team, based in Gdynia. The team plays in the Polish PLK. The club's sponsorship name comes from the company Asseco. Historically the team is one of the most successful in Poland, mainly because of the nine championships in a row the team won from 2004 to 2012.