High Quality Content by WIKIPEDIA articles! The inaugural Euroleague season 2000-01 under the new ULEB authority started on October 16, 2000 with a regular season game between hosts Real Madrid and Olympiacos at the Raimundo Saporta Pavilion in Madrid, Spain, and ended with the championship finals game on May 10, 2001, at the PalaMalaguti arena in Bologna, Italy. This Euroleague season did not feature all the best European teams as some of them opted to compete in the FIBA Suproleague after the row erupted between the previous Euroleague governing body FIBA, and the newly established ULEB.