In February, Žalgiris won the first title of the 2016–17 season, winning the King Mindaugas Cup by defeating Neptūnas in the first round 81–58, Vytautas Prienai-Birštonas in the semi-finals 76–55, and Lietkabelis Panevėžys in the finals 84–63. Edgaras Ulanovas won the tournament MVP. In the EuroLeague, Žalgiris exceeded expectations with a 10th-place finish (14–16 record), scoring a win against defending champion CSKA Moscow and finishing ahead of FC Barcelona Lassa and Maccabi Tel Aviv. Players Brock Motum, Léo Westermann, Edgaras Ulanovas and Lukas Lekavičius developed strongly, and team captain Paulius Jankūnas played one of his best seasons of his career, leading the team in scoring and rebounding. Žalgiris easily finished in first place during the LKL regular season with just a few losses, swept rival Lietuvos rytas, with toughest competition from a powerful Lietkabelis team which included former Žalgiris leaders Darjuš and Kšyštof Lavrinovič. In the LKL playoffs, Žalgiris beat Dzūkija Alytus in the quarterfinals 3–0, beat Neptūnas 3–1 in the semi-finals. They faced Lietkabelis Panevėžys again in the LKL finals, winning the series 4–1, their seventh consecutive LKL championship. The 2016–17 season is considered as one of the best in modern Žalgiris history.