text: The first edition of league was played between 8 teams, with the best 6 advancing to the first round of semifinals ("Semifinals A"), of which the winners and the best losing team qualified for the second round ("Semifinals B"): the winners of Semifinals B qualified for the championship game in a best-of-7 series. The first LPB champions were Marinos de Oriente, which defeated Trotamundos de Carabobo in the final series, 4–3. The first MVP was David Wesley, a player who then went on to have a long career in the NBA. In 1994 Trotamundos won the title against Cocodrilos de Caracas, led by MVP Stanley Brundy, another player with NBA experience. In 1995 Panteras de Miranda won the title, defeating Marinos; Marinos also qualified for the 1996 finals, where they lost to Gaiteros del Zulia. In 1996 Harold Keeling of Toros de Aragua won the MVP award: he then went on to acquire Venezuelan citizenship, and played for the Venezuela national team. In 1997 Guaiqueríes de Margarita won their first title after 15 years: that season also saw Víctor David Díaz of Panteras de Miranda win the MVP award, the first Venezuelan to win it in the LPB era, and the first after 6 consecutive American MVPs (the last Venezuelan to win the award had been Carl Herrera in 1990).
  In 1998 Marinos de Oriente defeated Trotamundos in the finals, and in 1999 Trotamundos won the title defeating Panteras de Miranda. In 2000 Cocodrilos de Caracas won the final series against Gaiteros del Zulia with the decisive basket of Lee Nailon, who scored in the final seconds of the seventh game of the series. In 2001 the league title went to Gaiteros del Zulia, and in 2002 Trotamundos de Carabobo won the league after having been down 1–3 in the final series. From 2003 to 2005, Marinos de Oriente won three consecutive titles. In 2006 Trotamundos de Carabobo defeated Guaros de Lara in the championship series and reached 8 league titles, a record at the time.