A basketball goal and pole is provided of the type permitting the height of the basketball goal above a playing surface to be adjusted. The adjustable basketball goal comprises: a vertical pole having a plurality of rails formed on the outside thereof running along the longitudinal axis of the pole, a crank assembly having a rotatable reel fastened to the pole beneath the rails, a pulley assembly having a grooved wheel fastened to the pole atop the rails, a collar having an interior surface forming trackways slidably mounted on the rails and movable between the crank assembly and the pulley assembly, a basketball goal extending upwardly and outwardly from the collar, and a cable connected to the reel and threaded over the grooved wheel and connected to the collar for moving the collar between the crank assembly and the pulley assembly.