The EuroLeague Basketball Legend Award is an award that is given by the EuroLeague Basketball Company, the organizer of the EuroLeague, which is the top-tier level professional basketball competition in Europe. It is a Hall of Fame award that is awarded only to a very distinct and small group of the greatest of all-time EuroLeague star players, head coaches, and executives, who are honored from time-to-time, for their outstanding playing, coaching, and front-office careers in the league. To which, the EuroLeague's organizing body, the EuroLeague Basketball Company, sees fit to officially designate them as "EuroLeague Legends".

Theodoros Papaloukas, commonly known as Theo Papaloukas or Thodoris Papaloukas, is a retired Greek professional basketball player. He was a four-time All-EuroLeague selection, a member of the EuroLeague 2000–10 All-Decade Team and was named one of the 50 greatest EuroLeague contributors in 2008. A revolutionary figure in basketball, as illustrated by his unique ability to come off the bench and alter the course of an encounter, and his uncanny feel for the game, he symbolized the rise of European basketball in the new millennium.