Baloncesto Rivas was founded in 1988 as
CD Covíbar but the women's basketball team didn't play until 1993. Rivas first played in the
top category in 2004, but it couldn't avoid relegation. However the team was back for the 2007 season and rose into the championship's top places, attaining 3rd (2009, 2010) and 4th (2011) spots. These results earned Rivas qualification for the
Euroleague, where it reached the Round of 16 in
2010 and
2011. In 2011 it won the
Copa de la Reina, its first national title. In 2012, Rivas achieved a berth to the
Euroleague Women Final Eight at
Istanbul, where it finished runner-up after being defeated in the final game by
Ros Casares Valencia. Three years later, in 2015, the club resigns to continue playing in
Liga Femenina and came back to the
second division. On 17 July 2017, the club decided to dissolve definitively the senior team due to the lack of sponsorship, thus competing only with the youth teams. ==Sponsorship naming==