The 2009 season started on a very high note, with the resignation of Jonas Mačiulis and Loren Woods, retaining leader Marcus Brown and signing of new point guard Willie Deane, who replaced the departed DeJuan Collins. However, financial difficulties lead to poor play from the team and the firing of coach Grigas, who was replaced by longtime player and assistant coach Gintaras Krapikas. Willie Deane was soon released, in large part due to his poor performance in the EuroLeague, which led to a seven-game losing streak. The team recovered under point guard Mantas Kalnietis, and finished the EuroLeague regular season with a 2–8 record, missing the Top 16. Despite growing financial difficulties, and the departure of Loren Woods, the team made the LKL and BBL finals, as well as the LKF Cup finals. Despite this, this was the most Žalgiris could accomplish, as they lost to Lietuvos Rytas. Jonas Mačiulis, who became the team leader during the season, left after the season ended.