Rytas Vilnius

In 1963, the first basketball team from Vilnius, called Žalgiris, was formed. The following year it changed its name to Plastikas. In that same year, 1964, Plastikas players joined a new team, called Statyba. This name was used for over 30 years.

Jonas Kazlauskas, Rimas Girskis, and then-head coach Rimantas Endrijaitis led Statyba to third place in the 1979 Soviet Union Championship. Three years later, Šarūnas Marčiulionis joined the team and became its leader. In 1987, Artūras Karnišovas joined the team at the age of 16. In 1994, Statyba won bronze medals in their first LKL season.

In 1995, Lietuvos rytas began sponsoring Sūduva Marijampolė, a basketball club from Marijampolė, Lithuania. The partnership lasted for two seasons, during which the team was known as Lietuvos rytas Marijampolė and played in the second-tier Lithuanian league, the LKAL. A notable player for the team was teenager Darius Songaila. However, after the 1996–97 season the partnership ended.

At the same time, Statyba was faced with financial difficulties and was on the verge of bankruptcy. The team needed new investors and in 1997 Lietuvos rytas bought the club. However, the new owners did not want to continue the team's history and renamed it Statyba-Lietuvos rytas, then just Lietuvos rytas. The newspaper's investment helped the club to establish itself as one of the two best in Lithuania, the other being Žalgiris from the country's second-largest city Kaunas.

During its first season, BC Rytas won a bronze medal in the LKL. In the following season, Rytas won LKL silver, losing to reigning EuroLeague champions Žalgiris Kaunas. The team also took second place in 1997 William Jones Cup.

In 2000, Ramūnas Šiškauskas, Andrius Giedraitis and Eric Elliott, combined with Arvydas Macijauskas and Robertas Javtokas, managed to win LKL. The team was coached by Šarūnas Sakalauskas. It was the first time in the history of the Lithuanian Basketball League that Žalgiris Kaunas did not win the LKL title. Also, Rytas reached the Saporta Cup semifinal, where they met last season's EuroLeague runner-up Kinder. After a home win of 70–60, Lietuvos rytas lost in Italy 83–71, with Šiškauskas missing a three-pointer which would have won the two-game series for his team.

The next season, due to the split between the FIBA and ULEB, Rytas played in the FIBA SuproLeague, making it to the quarterfinals, but losing to Anadolu Efes S.K. The team won third place in the NEBL. In the LKL finals, Žalgiris Kaunas defeated Lietuvos rytas in a tough five-game series 3–2.

In 2002, Lietuvos rytas won the LKL again, this time in a seven-game final series with the last game decided in overtime. The team played without center Robertas Javtokas, who was seriously injured in a motorbike crash. Lietuvos rytas also won the NEBL title in 2002, becoming the last team to win the tournament. The team held first place in the group stage of the Saporta Cup but lost in the quarterfinals to Hapoel Jerusalem.

Over the next two seasons, Lietuvos rytas lost in the LKL finals to Žalgiris Kaunas. They had more success in Europe, though, finishing in second place in the FIBA Champions Cup regional stage (though losing to Hemofarm Vršac in the final stage). The team also debuted in the ULEB Cup, getting to the quarterfinals but losing to Hapoel Jerusalem.

After not winning any titles in the past two seasons, Lietuvos rytas recruited Vlade Đurović as a new coach. Midway through the season, Frederick House, the team leader, suffered a season-ending injury. Đurović later resigned and was replaced by Tomo Mahorič. Tyrone Nesby, Roberts Štelmahers and Robertas Javtokas, Simas Jasaitis and Tomas Delininkaitis led the team to victory in the 2005 ULEB Cup, beating Pamesa Valencia in the semifinals and Makedonikos in the final. This victory granted them a place in the EuroLeague, the continent's primary basketball club tournament. Lietuvos rytas won second place in both the LKL and BBL finals, losing to Žalgiris Kaunas.

Before the 2005–06 season, Neven Spahija became the head coach of the team. After losing their first two matches, Lietuvos rytas matched the EuroLeague record by winning seven consecutive EuroLeague fixtures, defeating as FC Barcelona, champions Maccabi Tel Aviv (twice) and Efes Pilsen Istanbul. Those wins allowed Rytas to advance to the Top 16 phase, where they won three times out of six, beating Tau Ceramica Vitoria once and Brose Baskets Bamberg twice. However, Lietuvos rytas was eliminated from that year's EuroLeague.

After winning the Baltic Basketball League title, Lietuvos rytas defeated Žalgiris Kaunas 4–0. Despite winning the Lithuanian title, Lietuvos rytas did not acquire the country's spot for 2006–07 EuroLeague that was reserved for Žalgiris Kaunas.

Although the coach and three leading players Robertas Javtokas, Simas Jasaitis and Fred House had left the team during the interseason, the 2006–07 ULEB Cup season was rather successful for Lietuvos rytas. Two coaches were replaced during the season: Sharon Drucker from Israel was replaced by Slovenian Zmago Sagadin and the latter by his assistant coach Aleksandar Trifunović from Serbia. NBA player Kareem Rush arrived to lead the team to the ULEB Cup final where Real Madrid defeated Lietuvos rytas. However, Real Madrid's victory at the ACB semifinals, and of one of four spots reserved for Spain, allowed Lietuvos rytas to take part in the 2007–08 EuroLeague as the ULEB Cup finalist. On 27 April 2007, Lietuvos rytas won their second consecutive BBL title; Kareem Rush was named the Final Four MVP. The LKL finals and LKF Cup finals were both unsuccessful, though, as Žalgiris Kaunas won both tournaments.

Lietuvos rytas had a successful season during 2007–08 EuroLeague, defeating Unicaja Málaga and Armani Jeans Milano, and Maccabi Tel Aviv, the future EuroLeague finalist. Their 11–3 record was the team's best regular season performance ever, and the best by a Lithuanian team in Euroleague at the time. However, the team was not as successful in the Top 16 and with record of 2–4 did not advance to the playoffs. Lietuvos rytas were the runner-up in the Lithuanian Basketball League, the Baltic Basketball League and the Lithuanian Cup, losing each time to Žalgiris Kaunas.

During the 2008–09 season, Lietuvos rytas, affected by the worldwide financial crisis, had a significantly lower budget and put a greater emphasis on prospective local players. Lietuvos rytas won the first Baltic Basketball Presidents Cup during this season. On 21 October 2008, Lietuvos rytas lost against the NBA Golden State Warriors at Oracle Arena 126–106. Head coach Antanas Sireika resigned and was replaced by Rimas Kurtinaitis, a former Lietuvos rytas player, for the second half of the season. Rytas successfully advanced to the Final 8. Chuck Eidson was named the regular season MVP.

After victories against Benetton Treviso and Hemofarm Vršac, Rytas was considered an underdog against BC Khimki of Russia in the final. However, the performances of Steponas Babrauskas and Marijonas Petravičius led the team to victory. Rytas became the first team to reclaim the EuroCup title; Marijonas Petravičius was selected the Final 8 MVP. Lietuvos rytas was also successful in matches against arch rival Žalgiris Kaunas. It won the 2009 LKF Cup. Lietuvois rytas also won the Baltic Basketball League final game over Žalgiris Kaunas, 97–74. Chuck Eidson scored 41 points, and he was the MVP for the season. It was the third BBL title for the club. Lietuvos rytas also the Lithuanian Basketball League (LKL) during this season as well, the fourth time Lietuvos rytas became the LKL champion.

After losing Petravičius, Lukauskis and Eidson, Lietuvos rytas also participated in the 2009 Gomelsky Cup. Lietuvos rytas was not as successful in the 2009–10 EuroLeague—they did not advance to the Top 16. Lietuvos rytas won the LKL trophy, beating Žalgiris Kaunas 4–3. It was the second consecutive LKL title for the Vilnius team. After the conclusion of the season, head coach Rimas Kurtinaitis left the club to be replaced by Dražen Anzulović.

After an unsuccessful start of the 2010–11 EuroLeague, Dražen Anzulović was replaced by the team's former coach Aleksandar Trifunović, then Šarūnas Jasikevičius, and finally Simas Jasaitis. Rytas barely qualified for the Top 16 stage, and lost the LKF Cup final to Žalgiris Kaunas. Playing in the Group E in EuroLeague, Lietuvos rytas defeated Caja Laboral at home, Panathinaikos Athens and Unicaja Málaga on the road, finishing ninth, the highest achievement for the team in this tournament in club history. However, Rytas lost in the semifinals at the Baltic Basketball League, to VEF Rīga and finished in third place for the first time in club history. Head coach Trifunović was fired and replaced by assistant coach Darius Maskoliūnas. The team's game improved, but Rytas still lost the LKL finals to Žalgiris.

After dismissing Milko Bjelica, Kenan Bajramović, D. J. Strawberry, Cemal Nalga and losing team leader Martynas Gecevičius, Lietuvos rytas replaced eight players. In EuroLeague's qualification tournament, which was organized in Vilnius, Lietuvos rytas won their first two matches against Budućnost Podgorica and Cibona Zagreb, but lost the final game against Galatasaray. As a result, Lietuvos rytas had to play at the second-tier European competition, EuroCup. The team, led by Renaldas Seibutis, Jonas Valančiūnas and Tyrese Rice, lost to Valencia Basket 80–70 in the semifinals. Rytas finished third after a 71–62 win against Spartak St. Petersburg.

The team finished third in the regular season round of the VTB United League. They defeated Nizhny Novgorod and unexpectedly Khimki, the reigning EuroCup and VTB League champions, eventually finishing in third place. Despite two third places in international competitions, Rytas lost the LKL final series to Žalgiris Kaunas, with Žalgiris winning 3–0. Following the conclusion of the season, Tyrese Rice, Lawrence Roberts, Aleksandar Rašić and Jonas Valančiūnas left the team.

Players like Nemanja Nedović were expected to be the future of the team. However, the season was not very successful. Rytas lost the Lithuanian Supercup to Žalgiris Kaunas. After struggling in the opening months, Lietuvos rytas fired coach Aleksandar Džikić, promoting Darius Maskoliūnas as head coach. Though the game had improved, thanks to Leon Radošević, Renaldas Seibutis and Nemanja Nedović, the EuroLeague season was finished with a 2–8 record. The team did not fare much better in the VTB United League. After Leon Radošević and Predrag Samardžiski were released, Rytas signed Milt Palacio, Tomislav Zubčić and Patrick O'Bryant. The rookies were not much help, however, and Rytas still missed the VTB playoffs, with Donetsk defeating Rytas in the deciding game. Coach Maskoliūnas was fired and replaced by Dirk Bauermann. Rytas began to play much better, and in April scored an away win over Žalgiris Kaunas—the first in almost two years. Rytas made the LKL finals for the 15th time in a row. However, Žalgiris Kaunas easily swept Lietuvos rytas 4–0 in the final.

Due to the unsuccessful past season, the manager decided to almost completely rebuild the team: eight players left after the team lost the LKL finals to Žalgiris Kaunas, its rival. Former team leader Martynas Gecevičius was recalled after a two-season break and point guard Omar Cook was signed alongside Darius Songaila. This time, Rytas was successful—it won three games in a row and qualified for the EuroLeague. The season ended as the worst for Lietuvos rytas ever in the EuroLeague - a disappointing 1–9 record. After this, coach Dirk Bauermann was fired and replaced by Aleksandar Petrović. The change helped and on 22 December, Rytas crushed its rival Žalgiris Kaunas 90–58. After being eliminated in the EuroCup playoffs by Crvena zvezda Belgrade, Lietuvos rytas also suffered a defeat in the LKF Cup finals - losing to TonyBet Prienai 92–91. This led to the firing of coach Aleksandar Petrović, who was replaced by Dainius Adomaitis.

In the LKL playoffs, Lietuvos rytas did not qualify to the LKL Finals for the second time in club history; Žalgiris won the series 2–1.The disastrous season continued for Rytas in the VTB playoffs, where they lost a chance to play in the 2014–15 EuroLeague season. This was the team's worst season since 1998–99.

Renaldas Seibutis, Omar Cook and Darius Songaila left the team. Also, the team played most of its games in the newly reconstructed Lietuvos rytas Arena instead of the Siemens Arena. Rytas also withdrew from the Russian VTB League. Virginijus Šeškus was signed as head coach. Lithuanian Adas Juškevičius and former NBA player Travis Leslie were signed as well. Rytas finished the first EuroCup round with an 8–2 record and took first place in the group. Although they defeated Turów Zgorzelec, Rytas only barely qualified for the next stage. Due to the questionable shape of the team, Virginijus Šeškus was fired as head coach. In the 2015 LKF Cup, they defeated Dzūkija Alytus and Šiauliai, but lost to Žalgiris Kaunas 82–76 at the finals. They then lost first game of the EuroCup playoffs against Pınar Karşıyaka after a decider. In LKL, Rytas entered the playoffs as the second seed team. They defeated Šiauliai and then Neptūnas 3–1, qualifying for the LKL Finals after a one-year break. However, they decisively lost to Žalgiris Kaunas in the final.

Because the move to the 2,500-seat arena during the primary games was a failure, the club started playing many of their games at the Siemens Arena following an agreement with the arena which lasted until 2020. Billy Baron, Mike Moser, and Travis Leslie left, but Marcelo Nicola remained as the head coach.

Due to the team's losing record at the start of the 2015–16 EuroCup season Marcelo Nicola was fired. After a series of poor results under Aurimas Jasilionis, he too was replaced by Arvydas Gronskis, but Rytas did not qualify for the Last-32 stage. Tomas Pačėsas became the team's new head coach. On 17 January, Rytas achieved the season's first victory versus Žalgiris Kaunas 78–72. On 19–21 February, Rytas competed in the newly formed Karaliaus Mindaugo taurė tournament. After defeating Lietkabelis Panevėžys in the quarterfinals 88–82, Neptūnas Klaipėda in the semifinals 97–79, and Žalgiris Kaunas in the final 67–57, the team won their first trophy following a five-season drought. The rest of the season, however, was a disaster. Rytas lost the first place in the LKL regular season to Žalgiris. After defeating Lietkabelis Panevėžys in the quarterfinal stage, Rytas lost the semifinal series to Neptūnas 3–2, the worst fiasco in club history. This was also the first time Rytas was eliminated in the LKL by another team, instead of Žalgiris Kaunas. The disappointing season ended with the team winning the LKL bronze medal series 3–0 versus the Juventus Utena.

During the summer, team captain Kavaliauskas had a dispute with the team management concerning his pay, after which he signed with Žalgiris Kaunas. Lietuvos rytas qualified for the EuroCup Top 16 phase with a 3–5 record. After failing to progress into the EuroCup Playoffs, the club announced addition of guard Jimmy Baron from local rivals Neptūnas Klaipėda. On 10 February, Tomas Pačėsas was replaced by Rimas Kurtinaitis, who had coached Rytas to most of its titles previously.

Under coach Kurtinaitis, Rytas defeated Pieno žvaigždės Pasvalys in the quarterfinals 3–0, but lost to Lietkabelis 1–3 in the semifinals. This fiasco meant that Rytas did not qualify for the LKL finals for the second time in a row for the first time in the team's history. Rytas won their final game against Neptūnas Klaipėda 74–66 to take the bronze medal series 3–2, ending the season with a more positive note and avenging their 2016 loss to Neptūnas. The season ended with an international scandal for the team, however, as club president Gedvydas Vainauskas made a controversial statement about black players on the team, drawing negative attention to the team from around the world.

On 19 June 2017, famous poker player, businessman and European Parliament member Antanas Guoga bought fifty percent of the club from Sigitas Židonis and Remigijus Kazilionis. Two remaining stake owners Darius Gudelis and Vilnius City Municipality retained their rights to the club (twenty-five percent each). On 20 June Gedvydas Vainauskas resigned as president of Rytas a position he held since the founding of the club in 1997, just a week after receiving an award from LKL president Remigijus Milašius for his contributions to basketball.

Shortly after becoming the new owner of the club, Guoga sparked discussions about changing the club's name and invited the public to offer their ideas since the team no longer had connections with the Vainauskas' newspaper Lietuvos rytas. The idea was sharply criticised by the club's elite fans, group B Tribūna (Rytas Ultras), who said the only team they would support is black-white-red Rytas. On 21 June, the new owners organised a meeting, during which the first changes were announced. The public institution Krepšinio rytas was renamed to Statyba to honour the historical Statyba Vilnius, Darius Gudelis replaced Martynas Purlys as the club's director, and it was decided that the club's name Lietuvos rytas would be changed within a year with the most likely, but not yet final, choice being Rytas. Guoga also told the media it was very likely that at least two Lithuanian basketball stars will participate on the team, in addition to Jonas Valančiūnas, Linas Kleiza and Arvydas Macijauskas. On 4 July, Gudelis announced that former assistant coach Alberto Blanco and Linas Kleiza were joining the club. Their first task was to assist Rimas Kurtinaitis to bring together a new team roster.

On 13 July, a press conference was held during which it was announced that Kleiza had also become a shareholder of the club buying part of the Guoga's stake. He was named vice-president of the club and would act as sports director. Limited liability company Norvelita and Perlas also became shareholders of the club.

Despite positive changes in the club, rifts between the new owners started to emerge after it announced a sponsorship agreement with Lithuanian business consortium MG Baltic. Club president Antanas Guoga condemned the partnership and demanded an annulment of it and the resignation of CEO Darius Gudelis. Despite his wishes the other shareholders decided against these actions and openly questioned Guoga's financial commitment to the club. Finally on 24 October, the club announced that Guoga had sold his share in the club to Gudelis and had written off €300,000 that he had previously loaned the club. On 9 October 2018, however, it was revealed Guoga was still the team's president. Gudelis resigned on 15 November, after a controversy involving Blanco. Executive director Julius Serapinas was named as his replacement. On 7 June 2019, Serapinas was replaced by former Rytas player Rolandas Jarutis. Kleiza left the team in February 2020, after a falling out with Jarutis.

On 14 June 2017, it was announced that Rytas had received a wild card to the 2017–18 EuroCup season. On 17 June, Rytas signed with first addition to the club for the upcoming season, former Lietkabelis leader Ben Madgen.

Rimas Kurtinaitis remained as head coach. On 11 July, famous Lithuanian masseur Juozas Petkevičius returned to the team. After launching ticket sales for the upcoming season, the team has sold 1,800 season tickets in less than 24 hours. On 19 July, Rytas signed veteran Mindaugas Lukauskis for his ninth season as a club member.

On the following day, Travis Peterson was signed and Kurtinaitis also confirmed that the team had reached an agreement with Chris Kramer. On 22 July, Chris Kramer and Marc Antonio Carter officially joined the team. On 28 July, Mindaugas Brazys joined the coaching staff. On 17 August, notable Lithuanian youth national team member Martynas Echodas was signed to a three-year deal. The newly formed team showed positive results during the preparation games, winning all seven games and the Vladas Garastas Cup.

On 23 September, Rytas began the 2017–18 LKL season by defeating Juventus Utena 82–75. On 25 September, Rytas signed experienced veteran Loukas Mavrokefalidis. Due to Artūras Gudaitis' departure to the Olimpia Milano, he was replaced by Egidijus Mockevičius, who signed a three-year deal with the team on 30 September. However, Mockevičius was unable to play due to injury. In the LKL regular season, Rytas played its best season since 2015.

Wins over rivals Neptūnas Klaipėda and Lietkabelis Panevėžys helped Rytas reach second place in the standings, behind Žalgiris Kaunas, with whom Rytas tied in the regular season series. In the LKL playoffs, Rytas defeated Juventus Utena 3–0 in the quarterfinals. Having signed Neptūnas leaders Girdžiūnas and Butkevičius, Rytas became the most hated team in Klaipėda, and the rivalry between the two teams intensified. Rytas tied the season series with Neptūnas 2–2 in the regular season, with a win in Klaipėda in April 90–72, the first since the 2016 season. This helped Rytas secure second place in the standings. The two teams faced off in the LKL semifinals. In the first game in Vilnius, Rytas lost to Neptūnas 83–74. In the second game in Klaipėda, Rytas avenged the loss winning 67–49 and tying the series at 1–1. Rytas then won the third game at home, 74–67, to take a 2–1 series lead. In Klaipėda, with a chance to close out the series in the fourth game, Rytas took a 16-point lead in the first quarter. Neptūnas, however, came back and took the lead in the fourth quarter winning the game 74–70, and forcing the deciding match in Vilnius by tying the series 2–2. In the deciding fifth game Rytas defeated Neptūnas 88–82, winning the series 3–2. The win marked the first trip to the LKL finals since 2015. In the LKL finals, Rytas faced Žalgiris Kaunas, playing the best season since 1999 and coming off a third-place finish in the Euroleague. Rytas lost the first game, 96–83, in Kaunas. In the second game, Rytas won 82–73 in Vilnius, led by Mavrokefalidis scoring 22 points and Ben Madgen with 19, and tied the series at 1–1. This win marked the first win by Rytas in the LKL finals since 2011. In Kaunas, Žalgiris Kaunas won the game 90–80 and took a 2–1 series lead. Back in Vilnius, Rytas led for much of the first half but lost 82–78, with Žalgiris Kaunas taking a commanding 3–1 series lead. With one last chance, Rytas fought hard in the fifth game in Kaunas, but a strong fourth quarter by Žalgiris Kaunas led to an 80–70 win, and winning the series 4–1. In the 2018 Karaliaus Mindaugo taurė, Rytas avenged their previous season defeat against Juventus Utena, winning in overtime 91–88 in the quarterfinals. In the semifinals, held in Klaipėda, Rytas defeated Dzūkija Alytus 81–61. In the finals, Rytas faced rival Žalgiris Kaunas, who were having a successful season in the Euroleague. Coming off two wins against Žalgiris Kaunas in the LKL, Rytas lead in the first half, before Žalgiris Kaunas recovered in the second, dominating the game and beating Rytas 81–62 in the finals.

In the 2017–18 EuroCup Basketball season, Rytas lost at home to Bilbao Basket 93–83 in the opener. The next week, Rytas won their first game by defeating Partizan Belgrade 91–80 in Belgrade thanks to the efforts of Week MVP Rokas Giedraitis, who scored 28 points, and Loukas Mavrokefalidis, 26 points. An injury to Chris Kramer hurt the team. Rytas then lost a home game to PBC Lokomotiv Kuban 93–85 in overtime, as well as an away game to Alba Berlin 93–86. The team faced a lot of criticism for poor defence. With Kramer back in the lineup, Rytas defeated Limoges CSP at home, 92–76. The second round of the Eurocup was a huge success for Rytas. In Bilbao, Rytas avenged their loss by defeating Bilbao Basket 96–79 led by Chris Kramer, who scored 27 points, and became the Week MVP. A home win against Partizan Belgrade followed, 93–75. Rytas lost to Lokomotiv Kuban 77–68 in an away game.

Many changes occurred to the team at the same time. Marc Antonio Carter and power forward Robert Carter were released, and replaced by Mindaugas Girdžiūnas and Arnas Butkevičius, leaders from rivals Neptūnas Klaipėda, and Egidijus Mockevičius returned from injury. These changes helped, as Rytas won the most important game in the regular season, by defeating Alba Berlin 94–73 and avenging their first round loss. The win also helped Rytas qualify for the EuroCup Top 16. In the last game of the regular season, Rytas defeated Limoges CSP 71–69 in an away game, finishing second in the group C. In the Top 16, Rytas started by losing to B.C. Zenit Saint Petersburg at home, 98–96. After losing two more away games to Bayern Munich 81–68 and Fiat Torino 83–77, Rytas fell to an 0–3 record, its worst start in club history. A strong game by Martynas Echodas, who became the Week MVP, helped Rytas win against Fiat Torino 101–68 at home. During the same game, however, Arnas Butkevičius suffered a broken hand, and was out for about five weeks. In the most important game of the EuroCup season for Rytas, they fell to Zenit 113–100 in an away game, losing any chance to qualify for the EuroCup playoffs. Coach Kurtinaitis and the team faced heavy criticism for the poor defence. In the final home game in the EuroCup, Rytas lost to Bayern Munich 87–85, another poor defensive showing, and finished with a 1–5 record and last place in Top 16 group F.

The preparation for the season began in June, during the semifinal series, with controversial rumors that Lithuanian national basketball team, and former Rytas head coach Dainius Adomaitis would replace coach Kurtinaitis at the end of the season. While the team denied the rumors, after losing the LKL finals to Žalgiris Kaunas, Adomaitis was named the team's new head coach. Former Rytas players, and current members of the national team, Eimantas Bendžius and Evaldas Kairys, were the first additions, signing in July. Dominique Sutton, formerly of Dolomiti Energia Trento, and one of the best players in both the Italian league and the Eurocup, signed in August. D. J. Seeley replaced Rokas Giedraitis, who left to sign with Alba Berlin. Rytas also signed point guard Matt Farrell, scoring leader from the University of Notre Dame, but he was released just before the season for reported personal reasons. Talented young players Deividas Sirvydis and Marek Blaževič were signed to long-term deals. Norbertas Giga, former member of the Rytas system, returned in October. Kramer, who resigned in the summer, was named the new team captain.

Rytas won the first game of the season, beating Juventus Utena, 87–57, in the start of the LKL. During the season, Rytas struggled against rivals Žalgiris, Lietkabelis and Neptūnas, which led to Rytas finishing third in the regular season with a 26–10 record, worst regular season finish in club history. Rytas faced Juventus in the quarterfinals, winning the series in 2–1. In the semifinals, Rytas faced Neptūnas who, for the first time, had home court advantage, defeating them shockingly easily 2–0 and advancing to the LKL Finals. In the LKL Finals, Žalgiris easily swept Rytas 3–0.

In the 2018–19 EuroCup Basketball season, Rytas played in group D, and struggled against top teams in the group, such as Unicaja Malaga, UNICS Kazan and Fraport Skyliners, but wins over KK Mornar and Fiat Torino helped Rytas qualify for the Top 16 stage with a 5–5 record. Seeley, Sutton (who was released in February) and Bendžius were the team leaders. Martynas Echodas was named the EuroCup Basketball Rising Star. In the Top 16 stage, now joined by Stipčević and Artsiom Parakhouski, Rytas struggled against Alba Berlin, which was led by former Rytas player Rokas Giedraitis, but wins over KK Partizan and AS Monaco helped them qualify for the EuroCup playoffs for the first time since 2015. Rytas faced Valencia Basket, losing the series 2–0 and being eliminated from the EuroCup.

During the 2018–19 season, Rytas won the King Mindaugas Cup. After eliminating Juventus Utena in the Quarterfinals, they eliminated Neptūnas Klaipėda in the semifinals 86–72 and then defeated Žalgiris Kaunas in the Final 70–67. After a season-ending injury to Kramer, Rytas signed Derek Needham to fill the point guard spot.

During the off-season, Parakhouski, Seeley, Needham, Kramer, Stipčević, Giga, Normantas, Piliauskas all departed from the team. Rolandas Jarutis, former Rytas player, was named the new team manager. Under Jarutis, Rytas started adding more players from developmental team Perlas-MRU, like Augustas Marčiulionis, son of legendary basketball player Šarūnas Marčiulionis, Simas Jarumbauskas, Einaras Tubutis, Ąžuolas Tubelis and Marek Blaževič, who already had played in the previous seasons, but also played in the NKL for Perlas. Karolis Giedraitis, son of former Rytas player Andrius Giedraitis, also earned a spot on the team. Deividas Sirvydis, drafted in the 2019 NBA draft by the Dallas Mavericks as the 37th pick, but traded to the Detroit Pistons, remained with the team. Bendžius, Girdžiūnas and most importantly, the improving Butkevičius remained with the team. Butkevičius also debuted for the Lithuanian national basketball team in the World Cup. Rytas also signed Dovis Bičkauskis from Juventus and Tu Holloway as the new point guards. Australian Cameron Bairstow was signed as the new power forward, while Francisco Cruz was signed as the new shooting guard. Evaldas Kairys was initially among the players released during the summer, but was re-signed in September. After the season, coach Adomaitis remained with Rytas.

The preparation for the season began in August. Rytas largely struggled in pre-season matches. Rytas started the 2019–20 LKL season with a five-game winning streak. The win streak was snapped by Žalgiris Kaunas. Due to the COVID-19 pandemic, the LKL season ended prematurely - Žalgiris were announced as the winners, while Rytas finished second - one win over third-placed Lietkabelis Panevėžys. In the King Mindaugas Cup tournament, Rytas reached the finals, but was defeated by Žalgiris.

In the 2019–20 EuroCup Basketball season, Rytas played in Group B, with Umana Reyer Venezia, Partizan NIS, Tofaş, Lokomotiv Kuban and Limoges CSP. Wins over Lokomotiv Kuban and Tofaş helped Rytas qualify for the Top 16, with a 4–6 record, also eliminating the powerful Lokomotiv team, from the competition. Bendžius, Butkevičius and Cruz lead the team. In the Top 16 competition, Rytas played UNICS Kazan, AS Monaco and Galatasaray. Losses against AS Monaco and UNICS eliminated Rytas from playoff contention. Rytas finished with a 3–3 record, and third place in the standings. The season was later cancelled. During the season, Rytas gave much of the younger players playing time, with Blaževič in particular having a breakout season with Rytas, both in the LKL and the EuroCup.

Rytas faced with the 2020–21 season with drastically reduced budget as the club had to pay off debts, despite the fact that the debt from June 2017 decreased from 4,040,000 Eur to 2,140,000 Eur, and fired team manager Jarutis. Therefore, the club decided to choose the Basketball Champions League instead of the EuroCup due to a much more beneficial financial offer and returned to a FIBA competition for the first time since the 2002–03 season. Rytas sold its young talents Deividas Sirvydis and Marek Blaževič for buyouts, with Marek in particular being a painful departure, as he left Rytas for Žalgiris. Captain Eimantas Bendžius left the club due to financial reasons, however Martynas Echodas and the new captain Arnas Butkevičius stayed in the team. Donaldas Kairys replaced Dainius Adomaitis in the head coach position. Also, Rytas signed with a former EuroLeague star Andrew Goudelock, Demetrius Jackson, who proved to be a pleasant surprise, Chris McCullough, and Lithuanians Saulius Kulvietis, Rokas Gustys, Gytis Radzevičius, Lukas Uleckas, Augustas Marčiulionis. Due to health reasons, contract with Kulvietis was terminated and he was replaced by Kristjan Kitsing; Maurice Ndour was also signed in October.

The season initially started strong for Rytas – at the start of the LKL, Rytas smashed BC Juventus in the opener 106–77, and went on a six-game win streak, thanks to great play from Goudelock and point guard Jackson. The win streak was stopped by Žalgiris Kaunas, who beat Rytas in Vilnius. Problems arose within Rytas, starting with Jackson shockingly leaving Rytas just days after their 2020–21 Basketball Champions League debut for personal reasons. McCullough had a number of off-court issues, ending with Rytas releasing him in November. Injuries, losses, reported and rumored conflicts between coach Kairys and Rytas players, poor player selection, with Ryan Boatright, replacing Jackson, and center Keith Benson becoming huge failures for Rytas, and by January, Rytas had completely fallen apart – Rytas ended their Champions League campaign after the group stage with a 2–4 record – a huge disappointment for the team. The problems continued – Ndour, one of the few bright spots for Rytas for the season, left Rytas after the exit in the Champions League. Rytas also suffered multiple upset losses in the LKL and in the King Mindaugas Cup, suffered the biggest fiasco of the season, losing to Juventus in the quarter-finals, including an embarrassing 27 point defeat at home. The loss proved to be the final game for coach Kairys, as he was fired immediately after the game, and was replaced by his assistant Giedrius Žibėnas. Rytas also made a few more changes to the roster, releasing Boatright and Benson soon after the firing of Kairys, and signing Ivan Buva as the new center.

To the surprise of everyone, under Žibėnas, Rytas made an incredible comeback, winning their next 16 out of 17 games in the LKL, including an away win over Žalgiris in Kaunas – their first win over Žalgiris since February 2019, thanks to an incredible by Ivan Buva, and rose up the standings in the LKL by the end of the regular season, finishing in second place after Žalgiris. In the LKL playoffs, Rytas swept both BC Šiauliai and Eurocup team Lietkabelis Panevėžys to make the LKL finals. In the finals, Žalgiris swept Rytas 3–0. Many Rytas fans nonetheless largely considered the end of the season a success. After the season, coach Žibėnas signed an extension with the club to continue as head coach for the following season, for his great efforts in bringing Rytas back during the season.

During the off-season, much of the roster departed the team. Rytas signed players like the returning Margiris Normantas, Vaidas Kariniauskas, Jarvis Williams, Kenneth Smith and Tanner Leissner to strengthen the roster, while also keeping players like Buva, Butkevičius, Uleckas and Radzevičius, all among leaders of the previous season with the team. Coach Žibėnas remained as head coach of Rytas.

While Rytas initially had struggles, soon enough, Rytas started showing some potential. Injuries to Williams and Leissner lead to the brief return of Maurice Ndour. Rytas had a long win streak in both the LKL, and the Basketball Champions League. In the Champions League, Rytas finished 1st in the regular season, in a group that included EWE Baskets Oldenburg, Beşiktaş Icrypex and defending two-time champions of the tournament Hereda San Pablo Burgos, with Rytas getting memorable wins over Burgos both away, and at home, and finishing with a 4–2 record. In the LKL, Rytas had overtaken Žalgiris Kaunas in the standings, leading for much of the season. High hopes, nonetheless, once again hit some road blocks by January–March - the win streak ended with a close home loss to Žalgiris, who took first place in the LKL regular season, and Rytas struggled in the Champions League Round of 16 stage, falling behind Lenovo Tenerife, and SIG Strasbourg, finishing just out of the playoffs due to a point difference with SIG Strasbourg.

In the King Mindaugas Cup, held in Vilnius, Rytas was believed to be a favorite heading in - however, a shock loss to Lietkabelis Panevėžys in the semifinals left Rytas without the finals for the second consecutive season. Rytas won the bronze medal game against BC Šiauliai, also in a struggle. Žalgiris went on to win the tournament. During this time, Ndour once again left Rytas, and he was eventually replaced by former Rytas player Evaldas Kairys, who returned to the team.

With the LKL remaining, by April, Rytas had once again found their game. Led by LKL MVP Buva, Rytas once again regained the LKL regular season leading position, by beating Žalgiris, and for the first time since 2013–14, Rytas finished in first place in the LKL standings and earned homecourt advantage for the playoffs. Great play by the improving Radzevičius, Uleckas, captain Butkevičius, Smith and the returning Jarvis Williams became the key for success. Players like Margiris Normantas were also praised for their efforts.

In the LKL playoffs, Rytas had struggles - in the quarterfinals, Rytas defeated BC Dzūkija 3–1 in the quarterfinals, and BC Šiauliai 3–1 in the semifinals. Rytas would struggle early, but by the deciding games, would win in dominating fashion.

In the LKL finals, Rytas would face a surprising opponent in Lietkabelis Panevėžys, who had eliminated the defending champions Žalgiris in the semifinals - Žalgiris had won the previous 11 consecutive LKL championships, and had been the most hated team among Rytas fans. While not getting a chance for revenge against Žalgiris for all the years of loses, Rytas had become the favorite of the LKL finals for the first time in a very long time. In the LKL finals start, however, Rytas lost to Lietkabelis 77–68 at home, losing their homecourt advantage. Rytas, having to respond, responded in dominating fashion by winning the next two games 88–66 in Panevėžys, and 85–63 in Vilnius, in a very controversial game which included Lietkabelis head coach Nenand Čanak shoving Rytas head coach Žibėnas and even getting into an argument with Rytas director Darius Gudelis. In a much hyped game in Panevėžys, facing a deficit, Rytas managed to pull a win over Lietkabelis 78–77, on a dunk in the deciding seconds from Butkevičius, and took a 3–1 lead in the LKL finals. On June 7, 2022, Rytas had finally prevailed - beating Lietkabelis 79–76, Rytas won the series 4–1. For the first time since 2010, Rytas had regained the LKL championship.

Over the summer, much of the LKL championship winning team departed. Buva, Smith, Leissner, Girdžiūnas, Kariniauskas all departed. The most painful of the departures, was captain Arnas Butkevičius signing with hated rivals Žalgiris Kaunas. Rytas first signed the returning Martynas Echodas to replace the departing Ivan Buva. Rytas signed former Žalgiris player Gytis Masiulis to replace Leissner, while Todd Withers was signed to replace Butkevičius. Benedek Váradi and former LKL MVP with BC Šiauliai Elvar Már Friðriksson were signed as the new point guards to replace Kariniauskas and Smith. Rytas also signed Marcus Foster at guard. Rytas also re-signed Radzevičius and Uleckas to new contracts, and kept Normantas, Williams and Evaldas Kairys with the team. Coach Giedrius Žibėnas also remained with the team. During the pre-season, Marcus Foster lead Rytas in scoring. Rytas also signed Tomas Lekūnas to a short-term deal, as Withers had not arrived by the start of the season for personal reasons. Lekūnas later signed a deal for the rest of the season, while Withers had officially left the team. By March, Rytas had signed point guard Kendale McCullum, power forward Justin Gorham and center Jaime Echenique, with all three playing a big part in Rytas deep run in the LKL playoffs.

Rytas started the LKL season winning a close game against region rival Juventus 90–88. They continued the good start by winning two more games, but an unexpected defeat to Nevėžis at home on the fourth game completely shocked the team. They lost their next two games to CBet Jonava and Lietkabelis Panevežys, finding themselves with a disappointing 3–3 record to start. Rytas recovered, going on a seven-game win streak, which included a win over new rivals, BC Wolves, 91–89 away, and against long-time rivals Žalgiris, 89–85 at home, in a game where Foster scored 34 points and famously waved off the Žalgiris fans. The rivalry with the Wolves largely started due to the fact that the Wolves became the new team in Vilnius, and the games between both teams became very heated as the Wolves became one of the most hated teams among Rytas fans and many former Rytas players, like Lukauskis, joined the team, as well as being coached by long-time Rytas coach Rimas Kurtinaitis. Wolves snapped Rytas win streak in the LKL, with a 88–76 win over Rytas in Vilnius. Rytas rebounded, winning the next 11 out of 12 games in the LKL, and scoring an amazing win over Žalgiris in Kaunas, 100–94, with Normantas scoring 30 points and Foster scoring 28 points, renewing a rivalry with Žalgiris and a fight for first place in the LKL. Žalgiris, however, won the final game of the regular season between the teams, 81–75, a win that guaranteed Žalgiris first place in the LKL regular season over Rytas. Rytas finished by winning their last 6 games, including a win in Vilnius over Wolves, 102–98, with a 27–6 record. In the LKL playoffs, in the quarterfinals, Rytas faced old rivals BC Neptūnas, winning a very tough series 2–0, beating Neptūnas both at home in overtime, 107–99, and away, 95–91. In the semifinals, while many fans expected a Rytas–Wolves matchup, in an unexpected twist, Rytas faced CBet Jonava, who had swept the Wolves in the quarterfinals, was a surprise team of the season, and had already shocked Rytas in the King Mindaugas Cup semifinals. This time, Rytas gained revenge by beating CBet 82–74 at home, 82–67 in Jonava, and 90–85 at home, to sweep the series for a 3–0 win for Rytas. In the LKL finals, Rytas faced off against Žalgiris. In the first game, Žalgiris beat Rytas 108–93 at home to take the lead. In the second game, Rytas got revenge, while a tight game by halftime, Rytas had a very strong second half, leading to a dominating 94–71 win in the Jeep Arena in Vilnius, tying the series 1–1. Žalgiris won the next game 95–80 in Žalgiris Arena, to once again lead the series over Rytas. The fourth game became a classic – Žalgiris led much of the way, including double digits, looking to finish the series – Rytas, however, kept coming back, backed up by a packed Jeep Arena. In the deciding minutes, Rytas made one final comeback, and Marcus Foster won the game for Rytas with a deciding layup, 69–68, tying the series at 2–2. In the deciding game, in a packed Žalgiris Arena, Rytas led much of the game, including in the final minutes, before Žalgiris made a run led by Isaiah Taylor and former Rytas captain Butkevičius winning the game 97–87, and the series 3–2, to regain the LKL title. While defeated, Rytas earned much praise, both from Rytas fans and experts, for giving the best fight they could against a Žalgiris team that reached the Euroleague playoffs.

Rytas lost to Nevėžis-OPTIBET in King Mindaugas Cup qualifiers in their first game, 78–70, having to win at least by nine points their second match in Vilnius to advance to the Final Four tournament, held in Šiauliai. In the second game, after regulation, Rytas had led Nevėžis-OPTIBET 81–73, necessitating overtime. In overtime, the much stronger Rytas made short work of Nevėžis-OPTIBET, winning 98–78 to qualify for the semifinals. One of the main favorites to win the tournament, along with Žalgiris, Rytas was expected to beat CBet Jonava in the semifinals. However, just like the previous season, history repeated itself. Rytas played poorly while CBet played one of the best games of the season, and CBet beat Rytas 92–86 in the semifinals in one of the biggest shocks in tournament history. For the third consecutive season, Rytas was eliminated in the King Mindaugas Cup semifinals. In the bronze medal game, Rytas, while erasing a huge deficit, could not defeat BC Lietkabelis, losing the game 91–88 and finishing in a disappointing fourth place. Žalgiris went on to win the tournament.

Rytas started their FIBA Champions League campaign slowly, losing the first two away games of the tournament to the defending champions Lenovo Tenerife 89–74 and then following it up with a loss against Bnei Herzliya 90–85. In following games, they crushed Peristeri B.C., coached by legendary player Vassilis Spanoulis, 89–64 on their home debut, and beat them again 82–71 in Athens. Marcus Foster, for his strong performances, earned the MVP of November honors. With a 2–2 record, Rytas had a chance to qualify to the playoffs directly, however, Rytas lost to Bnei Herzliya at home, 101–90, dropping to 2–3. In the final game of the regular season, Rytas faced Lenovo Tenerife at home-, winning the game 85–78, and finished in second place in the group with a 3–3 record. While not being able to directly qualify to the Round of 16 phase, Rytas faced off PAOK in the tournament's play-in where they beat PAOK at home 85–62. PAOK tied the series with a 81–78 win over Rytas in Thessaloniki. In the deciding game, at home, Rytas once again dominated and won 82–63 over PAOK, winning the series 2–1 and qualifying to the Round of 16. In the deciding game for Rytas in the Champions League, they were defeated in an away game 82–69 by Baxi Manresa. Foster continued his string of strong performances. Rytas beat Bahçeşehir Koleji at home, 95–88, and then faced one of the tournament favorites, Telekom Baskets Bonn, at both home and away. While Rytas came back after erasing a huge deficit in a home game, losing 86–79, they lost 99–72 in Bonn, with Rytas dropping 1–3. Rytas, still having a shot at the playoffs, earned a 92–69 away win against Bahçeşehir. With a 2–3 record, Rytas faced Baxi Manresa at home needing to win the game by 14 points to qualify for the playoffs. Baxi lead most of the game, but by the second half, Rytas had recovered and in the fourth quarter, took a 14-point lead over Baxi. Despite Rytas managed to win the game 96–95, Baxi qualified for the playoffs since both Rytas and Baxi finished with a 3–3 record, but a win by Baxi in the first game by 13 points led to Baxi's qualifiaction. Foster finished the tournament as the top scorer.

During the summer, McCullum, Fridriksson, Kairys, Lekūnas, Varadi, Echenique, and most importantly, team leader Marcus Foster all left the team, while Rytas re-signed team captain Normantas, Justin Gorham, Gytis Radzevičius and Martynas Echodas to new contracts during the summer. Coach Žibėnas was re-signed during the previous season. Rytas also signed new point guards Arnas Velička and R.J. Cole, center Javin DeLaurier and power forward Oskaras Pleikys to contracts. Keith Hornsby was initially signed as a replacement for Marcus Foster. Rytas also returned to play some home games in the Avia Solutions Group Arena, an arena now shared with inner-city rivals Wolves Vilnius.

During the Basketball Champions League season, Rytas started the season with a 0-2 record, with JDA Dijon, 87-83, and Promitheas Patras, 78-76, defeating Rytas in two away games. Rytas recovered with two dominating wins over BK Opava at home 99-63, and 95-75 away, and won home rematches against Promitheas, 77-75, and JDA Dijon, 79-77, to finish the regular season with a 4-2 record and one win behind group winners JDA Dijon, thus forced to fight for a spot in the Round of 16 in the Play-in tournament. Echodas, Normantas and Radzevičius lead the team in scoring during the regular season. Before the Play-in tournament, Marcus Foster returned to Rytas, replacing Hornsby. In the Play-in tournament, Rytas were heavy favorites against Peristeri Athens - the previous season, Rytas had easily beat Peristeri in the competition. Led by a more experienced Vassilis Spanoulis, however, Peristeri was not the same team as the previous season - Peristeri crushed Rytas in Vilnius, 110-92, and beat Rytas 83-80 at home in Athens, beating Rytas 2-0 and shockingly eliminating Rytas from the competition. While Marcus Foster provided a spark for Rytas, he was not able to save Rytas from the elimination.

In the King Mindaugas Cup, Rytas easily beat long-time rivals BC Juventus 98-86 and 104-67 in the quarterfinals. In the Final Four, held in Kaunas, once again, even with the addition of the returning Marcus Foster, Rytas failed - in the semifinals, 7bet-Lietkabelis, in a rematch of the previous two tournament semifinal and bronze medal games, once again beat Rytas, 94-86, in the semifinals - with Rytas missing another chance to return to the KMT finals. In the bronze medal game, Rytas beat BC Šiauliai, 94-89, in another hard-fought game to win the bronze medals. Žalgiris went on to win the tournament.

In the LKL, for most of the season, Rytas fought for first place in the standings, against Žalgiris Kaunas and against the Wolves, the latter of whom Rytas fought against for the title of the best team in Vilnius. Rytas won the regular season series against the Wolves, but were swept by Žalgiris, thus finishing behind Žalgiris in the regular season standings, at second place. In the games against the Wolves, much of the fan-support was behind Rytas. Fueled by the return of Marcus Foster, Rytas entered the playoffs fighting for at least a spot in the LKL finals- in the quarterfinals, Rytas beat CBet Jonava 110-77 at home, and 96-90 away, to win the series 2-0, and to set up a LKL semifinals clash against the Wolves, for the battle of Vilnius, as titled by both the players for each team, and the press. Homecourt advantage belonged to Rytas, but with each team sharing the Avia Solutions Group Arena court, neither team really had an advantage. Wolves started the series by shocking Rytas with a 96-85 win, taking the lead, before Rytas won the next two games, tainted with incidents by the players and even coach Žibėnas, 113-75 and 86-78. Wolves tied the series with a 97-86 win, to set up the deciding fifth game clash. Led by Foster, heavily supported all series by Rytas fans, Rytas won a hard fought game 92-87 to finish off the Wolves and win the series 3-2, with Rytas returning to the LKL finals. Before the finals, rivals Žalgiris had suffered a huge blow as team leader Keenan Evans suffered a season ending injury - despite this, Žalgiris was still considered by most as the favorite to win the finals. Rytas had other ideas- in the first game, in Kaunas, Rytas beat the still shocked Žalgiris, by erasing a double digit deficit in the final minutes, in an overtime 89-88 win that took away the homecourt advantage for Žalgiris, with Rytas leading the series 1-0. In the second game, in Vilnius, once again, Žalgiris lead for most of the game, before Normantas and Foster sparked a comeback by Rytas - the game went to overtime, and again, Rytas managed to win, beating Žalgiris 104-94 and taking a 2-0 series lead. Žalgiris beat Rytas in Kaunas, 91-81. The fourth game became a classic - heavily cheered by over 9000 fans in the arena, Rytas would beat Žalgiris on a deciding layup by Foster, who scored 33 points, 88-87, to win the series and the LKL championship 3-1, winning their second championship in two years. The win by Rytas is considered by everyone to be the biggest upset ever in the LKL finals.