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
2006–07 S.L. Benfica season against Porto on 1 April. The visitors scored first through Pepe in the 41st minute, but Benfica equalized in the 83rd minute with an own-goal from Lucho González. Santos attributed the draw to Porto goalkeeper Helton's performance, saying, "Helton made three or four great saves. We were better in the second half and we deserved to win." On the following Thursday, Benfica visited the Olímpic de Montjuïc to face Espanyol. The Spaniards pushed hard from early on and scored first through Raúl Tamudo in the 15th minute; shortly after the half-hour mark, Albert Riera made it 2–0 and in the