| Cup - Statuetka "Olimpiyski priz Universiada" made by Vezhdi Rashidov. |
| Game | date | team 1 | score | team 2 | HT | | Final | Thu 17.01.97 | Maritsa Plovdiv | 64-54 | Neftohimik Burgas | 21-27 | | 3-4 | Thu 17.01.97 | Slavia Sofia | 91-65 | Cherno More-Sodi Varna | 31-32 | | 1/2 | Wed 16.01.97 | Neftohimik Burgas | 82-57 | Slavia Sofia | 47-24 | | 1/2 | Wed 16.01.97 | Maritsa Plovdiv | 85-64 | Cherno More-Sodi Varna | 52-28 |
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| Group A Burgas | | 1. Neftohimik Burgas | | 2. Cherno More-Refleks Varna | | 3. Kremikovtsi Sofia | | -. Lokomotiv Sofia withdrew |
| Group B Stara Zagora | | 1. Maritsa Plovdiv | | 2. Slavia Sofia | | -. DZU AD Stara Zagora | | -. Montana |
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