The Valur men's basketball team, commonly known as Valur, is a basketball team based in Reykjavík, Iceland. It is part of the Valur multi-sport club.
History The club was founded as Gosi on 25 December 1951Körfuknattleiksdeild stofnuð - K.F.R. sameinast Val and was one of the founding members of the Icelandic men's top division.Fyrsta Íslandsmótið í körfuknattleik á morgun On 22 December 1957 the club changed its name to Körfuknattleiksfélag Reykjavíkur (English: Reykjavík Basketball Club) and played under that name until 1970.„Körfuknattleiksfélag Reykjavíkur" í stað „Gosi" On 3 October 1970 the club merged into Valur sports club and became its basketball department.Körfuknattleiksdeild stofnuð - K.F.R. sameinast ValKFR lagt niður og gert að körfuknattleiksdeild Vals
Under the new name, Valur had considerable success in the 1980s, winning the Icelandic championship two times, in 1980 and 1983,Íslandsmeistarar - Úrvalsdeild karla and the Icelandic cup three times, 1980, 1981 and 1983.Bikarkeppni - Meistaraflokkur karla
In 1992, Valur reached the Úrvalsdeild finals where it lost to Keflavík 2–3.
In 2022, Valur won its third national championship after beating Tindastóll in the Úrvalsdeild finals. On 2 October 2022, Valur won its first Super Cup, after defeating Icelandic Cup holders Stjarnan 80–77.
On 14 January 2023, Valur won its fourth Icelandic Cup title, and its first in 40 years, after defeating Stjarnan in the Cup final.
Honours Úrvalsdeild karla Winners (4): 1980, 1983, 2022, 2024
Icelandic Cup
Winners (5): 1980, 1981, 1983, 2023, 2025
Icelandic Super Cup Winners (2): 2022, 2023
Division I Winners (2): 1997, 2002
Individual awards
Úrvalsdeild Men's Domestic Player of the Year Viðurkenningar - Besti leikmaður úrvalsdeildar karla Kári Jónsson – 2023 Kristófer Acox – 2022 Magnús Matthíasson – 1991 Rick Hockenos – 1978 Torfi Magnússon – 1982 Þórir Magnússon – 1974 Úrvalsdeild Men's Foreign Player of the Year Tim Dwyer – 1979, 1980, 1983 Úrvalsdeild Men's Domestic All-First Team Úrvalslið úrvalsdeildar karla Kári Jónsson – 2023 Kristófer Acox – 2021, 2022, 2023 Magnús Matthíasson – 1991, 1993 Tómas Holton – 1989 Úrvalsdeild Men's Young Player of the Year Besti ungi leikmaður úrvalsdeildar karla Magnús Matthíasson – 1991 1. deild karla Player of the Year Ragnar Jónsson – 1997 1. deild karla Coach of the Year Torfi Magnússon – 1997 Icelandic Cup Finals MVP Kári Jónsson – 2023 Taiwo Badmus – 2025
Notable players
Coaches Ólafur Þór Thorlacius 1970–1974 Guðmundur Þorsteinsson 1974–1976 Tim Dwyer 1978–1980, 1982–1983 Vladimir Obuchov 1990–1991 Tómas Holton 1991–1992 Svali Björgvinsson 1992–1993, 1994, 1997–1999 Ágúst Björgvinsson 2011–2019 Finnur Freyr Stefánsson 2020–present
European record Season Competition Round Opponent Home Away Aggregate 1980–81 FIBA European Cup Winners' Cup 1Q Cibona Zagreb 79–110 90–120 169–230 1981–82 FIBA European Cup Winners' Cup 1Q Crystal Palace 80–118 81–104 161–222 1992–93 FIBA Korać Cup 1Q CRO Lyon 74–109 88–128 162–237
References