S.L. Benfica (basketball) close to reach the Top 8, and for a third season in a row Benfica managed to reach the Top 16 again in the European Champions' Cup, in 1995–96, grabbing a win against Panathinaikos, the eventual champions. This period was followed by a dark era in which Benfica was internally overshadowed by Ovarense, Portugal Telecom and FC Porto. Even though this period is considered to be a dark one, Benfica did manage to reach the LPB final once as well as winning Super Cups and finishing runners-up in the national cup and in the league cup. Also noteworthy is an
1994–95 S.L. Benfica season to the knockout stage after coming first in their group. As the season progress, Benfica performance stabilised and starting early December, they rack up over ten wins in a row. This allowed them to close distances to leader Porto, and progress to the quarter-finals of the Portuguese Cup. In late February, in the decisive stage of the season, Benfica slipped again in the Primeira Divisão, and were eliminated in the other competitions. Til the end, Benfica could only win about half of their remaining fourteen match-days, finishing in third place, 15 points behind Porto. In their last match of the