One year later, in October 2001, the ULEB was expanded with the Leagues of Germany, Netherlands and Poland. In the summer of 2002, ULEB created a second-tier pan-European tournament, the ULEB Cup. Its first game was played in Istanbul on October 15, 2002, facing Darussafaka and Novo Mesto. ULEB managed the Euroleague and the ULEB Cup until 2009, when the property of both competitions was transferred to Euroleague Commercial Assets (ECA), a company where 11 big European clubs are the majority stockholders.
In June 2003 the League of Lithuania joined and one year later, in July 2005 the Union was expanded with the League of Israel. The most recent addition to the ULEB family is the Russian VTB United League, which was granted admission on July 2014 replacing its predecessor, the PBL ( which had been admitted on May 2011 ). So, the ULEB currently represents a total number of 11 professional Basketball Leagues from across Europe. Other Leagues such as Portugal, Adriatic, Austria, Switzerland and the Czech Republic have been also members of the ULEB in the past, but all of them left the Union for different reasons ( Portuguese and Swiss Leagues ceased operations, Adriatic lost recognition from FIBA, while Austrian, British, Czech Leagues withdrew ).
ULEB is currently minority shareholder of both ECA via its 100% owned company Euroleague Basketball SL, and also of Basketball Champions League SA.
As written above, Belgian former player Tomas Van Den Spiegel is the current President of the ULEB. The executive committee of the Union is composed of him plus the Leagues from Israel, France, Netherlands, Belgium, Spain and the VTB United League.
The ULEB office is in Barcelona.