Basketball became a part of the Olympic Games in 1936 in Berlin, marking its debut with men's teams. After a break during World War II, the sport resumed at the London Olympics in 1948. Women's basketball was introduced to the Olympic program in 1976 in Montreal.

The United States men's basketball team has been a dominant force in the Olympics, especially since NBA professionals were allowed to participate starting in 1992. The U.S. women's team has also consistently excelled.

The Munich 1972 Olympic Games witnessed a controversial gold medal game between the United States and the Soviet Union, known as the Munich Massacre. Another significant moment came in Barcelona in 1992 with the introduction of NBA players, forming the iconic Dream Team.

The United States has been the most successful country in Olympic basketball, securing the most gold medals in both men's and women's competitions. The U.S. men's team has achieved notable dominance, and the women's team has displayed consistent excellence.

Olympic Basketball at the Paris 2024 Olympics in Paris, France will be held from 27 July to 11 August 2024. Preliminary 5-on-5 basketball matches will occur at Pierre Mauroy Stadium in Lille, with the final phase staged at the Accor Arena in Paris. Retaining its position in the program.