Brazil won the gold medal, after beating host Puerto Rico, 61–60, in the title game. This was Brazil's fourth FIBA AmeriCup title, and second in the last three tournaments. At the time FIBA world number 1 ranked Argentina claimed the bronze medal, over fourth placed Canada. By making the quarterfinals, all four teams qualified for the 2010 FIBA World Championship. The tournament's leading scorer, Luis Scola, was named MVP of the tournament, after he rallied Argentina from an 0–2 start, to the bronze medal, by leading his team in scoring, in nine out of ten games.
The hosting privileges were originally awarded to Mexico but were later removed by FIBA Americas due to issues involving the sponsorship of the event. The other countries that already qualified were then informed by FIBA of the announcement, with Uruguay, Puerto Rico, Argentina and Canada all expressing interest of hosting the tournament.
The draw was done on June 9, at the Roberto Clemente Coliseum. Panama replaced Cuba after the latter withdrew.
The United States, which had qualified for the World Championship with a gold-medal performance in the 2008 Beijing Olympics, skipped this tournament, opening the slot for another team from the Centrobasket championship to qualify. Besides the United States, every participating nation from the FIBA Americas Championship 2007 qualified for this tournament, although Panama only returned by virtue of Cuba's withdrawal. The Dominican Republic returned to the tournament for the ninth time after failing to qualify in 2007.
Draw
The draw ceremonies were held at San Juan on June 9, 2009. The results, with the FIBA World Rankings prior to the draw, were:
Note: Cuba had 0 ranking points and was therefore ranked after the last ranked team. However, once Cuba withdrew, Panama, ranked 30th, took Cuba's spot in Group B.
Format
The top four teams from each group advance to the quarterfinals.
Results and standings among teams within the same group are carried over.
The top four teams at the quarterfinals advance to the semifinals (1 vs. 4, 2 vs. 3). The top four also qualify outright to the 2010 FIBA World Championship.
The winners in the knockout semifinals advance to the Final. The losers play for third place.
Tie-breaking criteria
Ties are broken via the following the criteria, with the first option used first, all the way down to the last option:
Head to head results
Goal average (not the goal difference) between the tied teams
Goal average of the tied teams for all teams in its group
In Group A, hosts Puerto Rico stormed through to the quarterfinals undefeated, winning each game by double digits. On the fourth day of group play, surprising Uruguay stunned Canada, which had won its previous two games by a combined 75 points, for second place in the group after Martin Osimani hit a three with 21 seconds that gave the Uruguayans a 71–69 victory. Mexico dominated the second half against the Virgin Islands en route to a 17-point victory and the final quarterfinal spot out of Group A.
Group B began with a shocker as Venezuela dominated world number one ranked Argentina, forcing 23 turnovers en route to a 16-point victory. Group winner Brazil was the only consistent team in the group, winning all of its games by at least nine points. The Dominican Republic, sporting a roster that included a tournament-high three NBA players, qualified to the quarterfinals with a 2–2 record. Argentina, buoyed by tournament scoring leader Luis Scola, rebounded from an 0–2 start to win its last two games and qualify for the next round. Venezuela could not capitalize on its victory over Argentina and was sent home after losing to Panama. The Venezuelans could have advanced on a tiebreaker had Argentina lost to the Dominicans, but Charlie Villanueva missed a three-pointer at the buzzer in overtime and Argentina escaped with an 89–87 victory in the final game of group play.
In the quarterfinals, Brazil and Puerto Rico easily clinched a semifinal berth and qualification for the 2010 FIBA World Championship when both teams won their first two quarterfinal games to run their records to 5–0. World number one ranked Argentina also qualified, winning all four of their quarterfinal games to erase an 0–2 start and escape a nearly disastrous result. All three teams finished 6–1. Argentina handed Puerto Rico its first loss of the tournament, 80–78, when Pablo Prigioni hit two free throws with four seconds left in the game. Puerto Rico then handed the Brazilians their first loss in the tournament, after the Puerto Ricans took a 16-point fourth quarter lead and withstood a late charge to win by four. A tiebreaker gave Brazil the top seed in the semifinals.
Uruguay could not continue its momentum from its surprising 3–1 start, losing all four of its quarterfinal games. With Panama and Mexico already eliminated from semifinal contention, a Uruguay loss to Argentina on the final day of group play meant that the winner of the Canada-Dominican Republic game would advance to the semifinals and claim the final 2010 FIBA World Championship berth from the Americas. The Canadians slipped through with a four-point victory over a Dominican team that was playing without its star player, Francisco Garcia, after he broke a finger in quarterfinal play. Canada advanced to the World Championship despite a 1–4 start to the round after winning their last two quarterfinal games.
Tiebreaker for tied teams is head-to-head results. Because Brazil, Puerto Rico, and Argentina split games against each other, the second tiebreaker, goal average for tied teams, was used.
In the first semifinal, top seeded Brazil faced a surprising challenge from fourth seeded Canada. The Brazilians only led by one at halftime before blowing the game open in the second half, jumping out to a 17-point fourth quarter lead before the Canadians went on a late run to cut the final deficit to eight. In the second semifinal, Puerto Rico erased a nine-point deficit in a five-point victory over Argentina. The host team avenged a quarterfinal loss to the Argentine team despite Luis Scola's tournament-high 31 points.
In the bronze medal match, Argentina never trailed while jumping out to a 31-point halftime lead. The over-matched Canadians could not cut the lead below double digits at any time after the first quarter.
Brazil claimed the gold medal over the host Puerto Ricans in a 61–60 thriller. The Brazilians took a 13-point lead into the fourth quarter and led by 11 with 5:45 left before the Puerto Ricans began a frantic run to get back in the game. After Carlos Arroyo hit a basket with 35 seconds left to pull the Puerto Ricans within two at 61–59, Puerto Rican youngster Angel Vassalo stole the ball and was fouled. After hitting the first, Vassalo missed the second free throw; the Puerto Ricans did get the ball back, but Carlos Arroyo missed a 3-pointer at the buzzer and Brazil hung on for a 61–60 victory to claim its fourth FIBA Americas Championship.
