Andrei Kirklenko and Nenad Krstic of CSKA headline the 2011-12 All-Euroleague First Team. Joining them are Dimitris Diamantidis of Panathinaikos, Erazem Lorbek of Barcelona and Vassilis Spanoulis of Olympiacos.

On the All-Euroleague Second Team are Mike Batiste of Panathinaikos, Henry Domercant of UNICS Kazan, Bo McCalebb of Siena, Juan Carlos Navarro of Barcelona and CSKA's Milos Teodosic.