The 2011 Gomelsky Cup is a European basketball competition that occurred between September 24 and September 25 in Moscow.
| Semifinals October 1 | Final October 3 | |||||
 Panathinaikos | 85 | |||||
 Fenerbahçe Ülker | 88 | |||||
 CSKA Moscow | 73 | |||||
| Fenerbahçe Ülker | 57 | |||||
| CSKA Moscow | 69 | |||||
 Žalgiris Kaunas | 61 | |||||
| Third place | ||||||
| Panathinaikos | 80 | |||||
| Žalgiris Kaunas | 66 | |||||
September 25 |
| CSKA Moscow | 73–57 | Fenerbahçe Ülker |
| Scoring by quarter:18-14, 22-15, 17-12, 16-16 | ||
| Pts: Shved, Krstić 14 Rebs: Gordon 8 Asts: Shved 5 | Pts: Jerrells 15 Rebs: Gist 5 Asts: Preldžić 2 | |
September 25 |
| Panathinaikos | 80–66 | Žalgiris Kaunas |
| Scoring by quarter: 16-17, 25-12, 22-14, 17-23 | ||
| Pts: Marić 19 Rebs: P. Calathes 10 Asts: Diamantidis 7 | Pts: Lawson 17 Rebs: Raković, Klimavičius 6 Asts: Lawson 5 | |
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