The proposed lists of participating teams for the 2015-16 Turkish Airlines Euroleague and 2015-16 Eurocup have been reviewed by the members of the Euroleague Commercial Assets Executive Board following the criteria approved during the last ECA Shareholders Meeting, held on May 6 in Istanbul.
The lists will be submitted to the ECA Shareholders Meeting for approval on July 8, 2015.
It will be a very special European season for Herbalife Gran Canaria after the greatest one ever. Last season the team went 21-1 during the competition and earned a spot in its first-ever finals. Once there, Russian team of Khimki was the best and beat Herbalife Gran Canaria in the two final games.
Herbalife Gran Canaria achieved the all-time record in wins with 21, and defeat along the way teams such as Pinar Karsiyaka, Dinamo Sassari or KK Cedevita -all teams that ended winning their local Championships.
The complete list of 2015-16 Eurocup teams, as voted by the majority of the Board members, is as follows:
| TEAMS | COUNTRY | DOMESTIC STANDINGS |
| AEK Athens (Wildcard) | Greece | Quarterfinalist |
| ALBA Berlin | Germany | Semifinalist |
| Aris Thessaloniki (Wildcard) | Greece | Semifinalist |
| Banvit Bandirma | Turkey | Quarterfinalist |
| Besiktas Integral Forex Istanbul (Wildcard) | Turkey | 9th Qualified Regular Season |
| *Buducnost VOLI Podgorica | Montenegro | ABA League semifinalist |
| CAI Zaragoza (Wildcard) | Spain | 9th Qualified Regular Season |
| CEZ Basketball Nymburk | Czech Republic | Champion |
| Dolomiti Energia Trento | Italy | Quarterfinalist |
| Dominion Bilbao Basket | Spain | Quarterfinalist |
| Enel Basket Brindisi (Wildcard) | Italy | Quarterfinalist |
| Galatasaray Liv Hospital Istanbul (Wildcard) | Turkey | Quarterfinalist |
| Grissin Bon Reggio Emilia | Italy | Finalist |
| Hapoel Bank Yahav Jerusalem | Israel | Champion |
| Herbalife Gran Canaria Las Palmas | Spain | Quarterfinalist |
| JSF Nanterre | France | Quarterfinalist |
| Juventus Utena | Lithuania | Semifinalist |
| Krasny Oktyabr Volgograd (Wildcard) | Russia | Regular Season |
| Le Mans Sarthe Basket | France | Semifinalist |
| Lietuvos Rytas Vilnius | Lithuania | Finalist |
| Neptunas Klaipeda (Wildcard) | Lithuania | Semifinalist |
| Nizhny Novgorod | Russia | Semifinalist |
| PAOK Thessaloniki | Greece | Semifinalist |
| PGE Turow Zgorzelec | Poland | Finalist |
| ratiopharm Ulm | Germany | Semifinalist |
| SLUC Nancy | France | Semifinalist |
| Steaua CSM EximBank Bucharest (Wildcard) | Romania | Semifinalist |
| Telekom Baskets Bonn | Germany | Quarterfinalist |
| Telenet Ostend | Belgium | Champion |
| Trabzonspor Medical Park | Turkey | Semifinalist |
| Umana Reyer Venice | Italy | Semifinalist |
| Unics Kazan | Russia | Quarterfinalist |
| *Union Olimpija Ljubljana | Slovenia | ABA League 5th Qualified Regular Season |
| Valencia Basket | Spain | Semifinalist |
| VEF Riga | Latvia | Champion |
| Zenit St. Petersburg | Russia | Quarterfinalist |