The best players of the 2009-10 Euroleague Basketball season were honored on Saturday night at the annual Euroleague Basketball Awards Ceremony held at the historic Paris city hall, Hôtel de Ville. Twenty-four hours before a new Euroleague champion will be crowned, a who's who of world basketball elite came together to celebrate another exciting season in a one-of-a-kind setting, the spectacular Salle de Fêtes, modelled after the Hall of Mirrors at the Palace of Versailles. Olympiacos point guard Milos Teodosic was voted the 2009-10 Euroleague MVP after a breakout season for the Reds. Unfortunately, he was too sick to attend the ceremony after helping Olympiacos win its semifinal game on Friday night to reach Sunday's final against Regal FC Barcelona. His award was accepted by Olympiacos general manager Christos Stavropoulos. Teodosic was joined on the 2009-10 All-Euroleague First Team by Olympiacos teammate Linas Kleiza at forward, Regal FC Barcelona guard Juan Carlos Navarro, CSKA Moscow forward Viktor Khryapa and Partizan Belgrade center Aleks Maric. It is a first-time honor for all but Navarro, the 2009 Euroleague MVP, who was named All-Euroleague First Team for the fourth time. Kleiza, the Alphonso Ford Top Scorer Trophy winner, and Khryapa, the Euroleague Best Defender Trophy winner, also received those awards, as did Rising Star Trophy Winner Ricky Rubio of Barcelona, the youngest winner of an end-of-season award ever in the Euroleague.
The 2009-10 All-Euroleague second team features Bo McCalebb of Partizan at point guard, CSKA forward Ramunas Siskauskas, forward Josh Childress of Olympiacos, big man Erazem Lorbek of Barcelona and center Tiago Splitter of Caja Laboral. Siskauskas, the 2008 MVP, is a second-team selection for the third time. He was also on the first team and was MVP in 2008. Lorbek, the 2005 Rising Star, is on the second team for the second time. Splitter is also on the Second Team for the second time and was a member of the 2008 All-Euroleague First Team. Childress and McCalebb, a Euroleague rookie, are both first-time honorees.