The 2016 Karaliaus Mindaugo taurė, also known as KIDY Tour – Karaliaus Mindaugo taurė for sponsorship purposes, was the first edition of the newly formed Lithuanian King Mindaugas Cup. It's managed by the Lithuanian Basketball League and the Lithuanian Basketball Federation. The competition was held in Vilnius, in the Siemens Arena on February 19–21, 2016.

Rytas Vilnius is a professional basketball club based in Vilnius, Lithuania. They compete domestically in the Lithuanian Basketball League and the King Mindaugas Cup, while internationally in the FIBA Champions League since 2020–21. Rytas have won two EuroCup titles, six Lithuanian League titles, five LKF / King Mindaugas Cups and three Baltic championships. The team plays its domestic home games in the Jeep Arena and they share the ASG Arena with BC Wolves for their European home games. The club was founded in 1997 from another club, BC Statyba.