The 2014–15 Alexela Korvpalli Meistriliiga was the 90th season of the Estonian basketball league and the second under the title sponsorship of Alexela. Kalev/Cramo came into the season as defending champions of the 2013–14 KML season. The season started on 4 October 2014 and concluded on 22 May 2015 with TÜ/Rock defeating Kalev/Cramo 4 games to 1 in the 2015 KML Finals to win their 26th Estonian League title.