Tenerife CB Oro due to financial problems and is relegated to Liga EBA. In the next summer and after reaching the promotion playoffs, Tenerife CB achieved a vacant berth to play in LEB Plata, the Spanish basketball third division. In 2013, the club was not allowed to play the lowest regional category in the Canary Islands. LEB Oro MVP Tenerife CB Tenerife Club de Baloncesto was a professional basketball team based in Tenerife, Canary Islands, Spain. Tenerife CB was founded in 1996 after the fusion of some teams of the islands and debuts in LEB Oro in the 1996–97 season, the first
Tenerife landed mainly in the ports of the Americas such as La Guaira, Havana, Campeche and Veracruz. Many sailors from Tenerife joined this transcontinental maritime trade, among which the corsair Amaro Rodríguez Felipe, more commonly known as "Amaro Pargo", Juan Pedro Dujardín and Bernardo de Espinosa, both companions of Amaro Pargo, among others. Tenerife, like the other islands, has maintained a close relationship with Latin America, as both were part of the Spanish Empire. From the start of the colonization of the New World, many Spanish expeditions stopped at the island for supplies on their way to the Americas. They also