Ventspils beat LMT 4-1 in the finals and took the championship title for 2000-01 season.

LBL Final Standings 1.BK Ventspils 34-2 2.BK LMT 31-5 3.ASK/Buki 20-16 4.BK Liepaja 15-21 5.Zemess./Roja 13-23 6.LainERS 7-29 7.Valmiera/Ruji. 6-30

  2000-2001 Season Awards
Season MVP: Sandis Buskevics (BK Ventspils)
Coach of the Year: Janis Zeltins (ASK/Buki Gulbene)
Defensive Player of the Year: Aigars Vitols (BK Ventspils)
Most improved Player of the Year: Raimonds Vaikulis (BK LMT)
Newcomer of the Year: Armands Shkele (BK LMT)
All- LBL 1st team: Sandis Buskevics, Raimonds Vaikulis, Dainis Obersats
(BK Zemessargs/Roja), Arnis Vecvagars (BK LMT), Stewe Rich (BK
Ventspils)
All - LBL 2nd team: S.Wilkerson (BK LMT), Edgars Teteris (LainERS),
Uldis Rudzitis (ASK/Buki Gulbene), Normunds Feierbergs (LainERS), Janis
Graudins (ASK/Buki Gulbene)
LBL All Defensive Team: S.Wilkerson (BK LMT), Aigars Vitols (BK
Ventspils), Kip Stone (BK Ventspils), Arnis Vecvagars (BK LMT), Martins
Skirmants (BK LMT)
LBL All Newcomers Team: Janis Blums (BK LMT), Armands Shkele (BK LMT),
Gatis Melderis (Valmiera), Ivars Timmermanis (ASK/Buki Gulbene),
Normunds Ulmanis (BK Zemessargs/Roja)
LBL Most Improved Team: BK Zemessargs/Roja