Olympiacos B.C. B Development Team (also referred to as Olympiacos II or Olympiacos 2, and known as Olympiacos B.C. B Piraeus Bank for sponsorship reasons) was a short-lived and highly controversial entity created by Olympiacos Piraeus in 2019. Although officially registered as a reserve or development team, it was widely regarded as an artificial construct, established to replace the clubâÂÂs relegated senior team in domestic competition and to prevent Olympiacos from appearing under its main identity in the Greek second division.
Olympiacos Basketball Club B was created in September 2019 as a controversial and unprecedented maneuver by Olympiacos Piraeus to avoid formally competing in the Greek second division, following the clubâÂÂs relegation from the Greek Basket League to the Greek A2 Basket League.
The senior Olympiacos team had been relegated as a disciplinary sanction imposed by the Hellenic Basketball Federation after the club refused to play and forfeited multiple matches in the 2018âÂÂ19 Greek Basket League and the 2018âÂÂ19 Greek Basketball Cup. Rather than accepting relegation and participating in domestic competitions as required, Olympiacos withdrew its senior team entirely from all Greek competitions, announcing it would compete exclusively in the EuroLeague, despite EuroLeague participation not being governed by the national federation.
To facilitate this withdrawal and preserve the clubâÂÂs top-level brand from appearing in the second division, Olympiacos established the so-called Olympiacos B Development Team. Although officially registered as a reserve side, the team functioned in practice as a substitute for the relegated senior team, taking over its place in all Greek domestic competitions. This arrangement was widely viewed as an attempt to bypass the sporting consequences of relegation, while maintaining Olympiacosâ presence in the national leagues under a different label.
For the 2019âÂÂ20 season, Olympiacos B was registered directly in the Greek second division, occupying the slot that should have been held by the senior team. The B team also replaced the senior squad in the 2019âÂÂ20 Greek Basketball Cup. At the same time, the actual senior Olympiacos roster continued to exist separately, competing only in the EuroLeague and remaining absent from all Greek competitions.
As an additional disciplinary measure, the Hellenic Basketball Federation imposed a six-point deduction (equivalent to three wins) on Olympiacos B before the start of the season, explicitly linking the penalty to the actions of the senior club.
Despite finishing the season with a strong on-court record of 17âÂÂ4, second best in the league, Olympiacos B was ultimately classified sixth in the final standings due to the imposed points deduction. The team was also eliminated in the Greek Cup at the Round of 32 stage by Anatolia Thessaloniki.
In retrospect, Olympiacos B is widely regarded not as a genuine developmental or reserve team, but as a temporary and unrecognized workaround, created to shield Olympiacosâ senior identity from the consequences of relegation and to undermine the integrity of the Greek league system.
Olympiacos Basketball Club B played its home games at the Peace and Friendship Stadium's Training Facility, which is located in Neo Faliro, Piraeus, Athens, Greece.
<nowiki>*</nowiki> In the 2019âÂÂ20 season, Olympiacos B Development Team had the 2nd best record in the Greek A2 Basket League's regular season, at 17âÂÂ4, but they were deducted a total of 6 points (3 wins) by the Hellenic Basketball Federation. That was due to a punishment of the senior club of Olympiacos, for its forfeiting of several Greek Basket League and Greek Cup games, during the previous 2018âÂÂ19 season. As a result, Olympiacos B Development Team was placed in 6th place in the Greek A2 Basket League's 2019âÂÂ20 season standings.
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