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CSKA Moscow ended their eight-year wait for a seventh Euroleague title by beating Fenerbahce 101-96 after overtime in a classic final on Sunday.
Fener were looking to become the first Turkish side to be win the competition but suffered heartbreak in their maiden Euroleague final in Berlin.
Euroleague MVP Nando De Colo produced another outstanding performance, scoring a game-high 22 points - 10 of which came in a tense overtime period after the two sides were locked at 83-83 at the end of the fourth quarter.
CSKA head coach Dimitris Itoudis and Fener boss Zeljko Obradovic won five titles during their 13 years together at Panathinaikos and it proved to be the Greek tactician who was celebrating at the Mercedes-Benz Arena.
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De Colo also came up with seven assists and three steals to take the Final Four MVP award in what has proved to be a magnificent season for the French guard.
Milos Teodosic weighed in with 19 points and five rebounds as well as seven assists for the Russian side, who claimed their first Euroleague victory since 2008.
Bobby Dixon led the way with 17 points and Fener were sensing a historic win when they fought back from 50-30 down at half-time and 72-55 in the fourth to force overtime.
They led early in overtime following a Kostas Sloukas three-pointer, but De Colo landed all eight free throws as CSKA claimed victory in an epic showdown.
Malcolm Delaney and Ryan Broekhoff scored 21 points apiece as Lokomotiv Kuban beat Laboral Kutxa 85-75 to take third place.