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Karşıyaka SK was founded in 1912 and opened its basketball section in 1966. Karşıyaka Basket is considered to be one of the most important basketball teams in all of Turkey. They first played in the Turkish Basketball League in 1966. They relegated to lower divisions in 1968. The club also played in lower divisions from 1968 to 1974. The team is still participating in the Turkish Basketball League since 1974. Karşıyaka Basket is sponsored by Pınar since 1998. It is the product of Yaşar Holding's Food and Beverage Group. Their home arena is the Karşıyaka Arena with a capacity of 6,500 seats, which was opened in 2005.

Big achievements with Sarıca

Karşıyaka set to name Ufuk Sarıca as head coach in the summer of 2012. Sarıca was dreamed to be in Euroleague with Karşıyaka and he said that "We have a dream and we want to be in Euroleague in 3 years." On February 9, 2014, the team won the Turkish Cup with a victory against Anadolu Efes under managing Ufuk Sarıca. It was the first championship of club in Turkish Cup. On October 8, 2014, the team won the President's Cup by beating Fenerbahçe Ülker. In the 2014–15, Karşıyaka won its second Turkish League after 1987 championship, despite finishing the regular season in the fourth place, by defeating Fenerbahçe Ülker in the playoffs semifinals by 3–1 and Anadolu Efes 4–1 in the finals.

On 29 July 2015, EuroLeague announced the participating teams for the following season and included Karşıyaka with for the 2015–16 EuroLeague season. In its second appearance ever in the top tier of European basketball, the team won 3 games and lost 7.