The 2015–16 Korvpalli Meistriliiga season (also known as the Alexela Korvpalli Meistriliiga for sponsorship reasons) was the 91st season of top-tier basketball in Estonia. TÜ/Rock came into the season as defending champions of the 2014–15 KML season. The season began on 7 October 2015 and concluded on 27 May 2016 with Kalev/Cramo defeating TÜ/Rock 4 games to 1 in the 2016 KML Finals to win their 8th Estonian Championship.