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The 1992 Copa del Rey was the 56th edition of the Spanish basketball Cup. It was organized by the ACB and its Final Eight was played in Granada, in the Palacio de Deportes between March 3 and 6, 1992.

This edition was played by the 24 teams of the 1991–92 ACB season. The four first qualified teams of the previous season qualified directly to the Final Eight while teams 5 to 8 joined the competition in the third round.

First round

Teams #2 played the second leg at home.

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Coren Orense	147–185	Unicaja Ronda	68–94	79–91	{{{8}}}
Júver Murcia	183–156	Ferrys Llíria	101–78	82–78	{{{8}}}
Huesca La Magia	147–136	TDK Manresa	67–73	80–63	{{{8}}}
Caja San Fernando	146–147	Valvi Girona	78–79	68–68	{{{8}}}
DYC Breogán	116–136	Elosúa León	52–72	64–64	{{{8}}}
Pamesa Valencia	161–155	OAR Ferrol	68–67	73–68	{{{8}}}
CB Gran Canaria	151–154	CB Granollers	75–75	76–79	{{{8}}}
Mayoral Maristas	152–159	Granada	83–74	72–85	{{{8}}}

Second round

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Unicaja Ronda	161–168	Júver Murcia	92–79	69–89	{{{8}}}
Huesca La Magia	153–162	Valvi Girona	74–72	79–90	{{{8}}}
Elosúa León	161–151	Pamesa Valencia	76–74	85–77
CB Granollers	173–135	Granada	84–54	89–81

Third round

Team 1	Agg.Tooltip Aggregate score	Team 2	1st leg	2nd leg
Real Madrid	164–153	Júver Murcia	79–78	85–74
Collado Villalba	131–147	Valvi Girona	71–83	60–64
Elosúa León	167–159	Fórum Valladolid	83–75	84–83
CAI Zaragoza	168–155	CB Granollers	87–77	81–78

Final Eight Bracket

Quarterfinals March 5 and 6		Semifinals March 7		Final March 8

Estudiantes Caja Postal	82

Real Madrid	80
		Estudiantes Caja Postal	78

		Joventut Badalona	77
Joventut Badalona	77

Valvi Girona	71
				Estudiantes Caja Postal	61

				CAI Zaragoza	56
FC Barcelona	67

Elosúa León	62
		FC Barcelona	77	Third place

		CAI Zaragoza	81
Taugrés Baskonia	83			Joventut Badalona	83

CAI Zaragoza	87			FC Barcelona	72

Final

8 March 1992
20:00 GTM+1

Boxscore

Estudiantes Caja Postal	61–56	CAI Zaragoza
Scoring by half: 31–31, 30–25
Pts: Herreros 16 Rebs: Winslow 12 Asts: Martínez 4 PIR: Winslow 20		Pts: Arcega 19 Rebs: Arcega 9 Asts: Andreu, Álvarez 2 PIR: Arcega 20

Palacio de Deportes, Granada
Attendance: 7,800
Referees: Vicente Sanchís, Mateo Ramos

1992 Copa del Rey Champions
Estudiantes Caja Postal 2nd title

MVP of the Tournament: John Pinone