Source: Basketball Champions League  The 40 regular season teams were drawn into five groups of eight, with the restriction that teams from the same league could not be drawn against each other. In each group, teams played against each other in home-and-away games, in a round-robin format. The group winners, runners-up, third-placed, fourth-placed, and the top 4 fifth-placed teams advanced to the round of 16, while the sixth-placed and the seventh-placed teams were eligible to enter the 2016–17 FIBA Europe Cup round of 16. The match-days were 18–19 October, 25–26 October, 1–2 November, 8–9 November, 15–16 November, 22–23 November, 29–30 November, 6–7 December, 13–14 December, 20–21 December 2016, 3–4 January, 10–11 January, 17–18 January and 24–25 January 2017. The regular season groups were drawn on 21 July 2016. The 24 teams originally directly qualified were divided into six pots of four teams each. Teams from the same country were drawn in different groups. In the playoffs, teams played against each other over two legs, on a home-and-away basis. The round of 16 included two phases. For this stage, the winning team from each group and the three best runners-up qualified directly to the second phase. For the first phase, the remaining sixteen teams from the same country could not be drawn against each other. For the second phase, the draw was entirely random, without country protection, and the winners of the first phase played against the teams that directly qualified to the second phase. From the quarter-finals onward, the draw was entirely random, without country protection. The first legs were played on 7–8 February, and the second legs were played on 21–22 February 2017. The first legs were played on 28 February–1 March, and the second legs were played on 7–8 March 2017. The first legs were played on 21–22 March, and the second legs were played on 28–29 March 2017. The Final Four was the last phase of the season, and was held over a weekend. The semi-final games were played on Friday evening. Sunday started with the third-place game, followed by the championship game. The Final Four was played at the Santiago Martín in San Cristóbal de La Laguna, Spain, in April 2017. The winner of the Weekly MVP award is selected by the official website of the Basketball Champions League, championsleague.basketball.