Club Baloncesto Valladolid, S.A.D. was a professional basketball team based in Valladolid, Castile-Leon, Spain. CB Valladolid was member of the Asociación de Clubs de Baloncesto (ACB). Famous players that have played for the team include Arvydas Sabonis, Oscar Schmidt, John Williams, Ed O'Bannon and Panagiotis Vasilopoulos. In 2015, the club was dissolved due to financial problems. It was replaced by the CB Ciudad de Valladolid, immediately created by the former player Mike Hansen.