2000–01 NEBL was the second complete season of the North European Basketball League. The tournament was held during the 2000–01 basketball season on 30 November 2000 – 22 April 2001. The winner of the NEBL championship was awarded with $45,000 cheque, the other finalist received $25,000, 3rd-place winner - $20,000 and 4th best team got $10,000. Ural Great won the tournament by defeating Žalgiris in the final. Sergei Chikalkin from Ural Great was named as the Most valuable player.