The Copa Libertadores 1982 was the 23rd edition of the Copa Libertadores, CONMEBOL's annual international club tournament. Peñarol won the competition.

Qualified teams

Draw

The champions and runners-up of each football association were drawn into the same group along with another football association's participating teams. Three clubs from Brazil competed as Flamengo was champion of the 1981 Copa Libertadores. They entered the tournament in the Semifinals.

Group stage

Group 1

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Group 2

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Group 3

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Group 4

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Group 5

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Semifinals

Group 1

Group 2

Finals