What happened: Conmebol held the draw for the 2026 Copa Libertadores Round of 16 at its headquarters in Luque, Paraguay, confirming the knockout-stage lineup. The pairings were finalized following the conclusion of the group stage. Specific ties were announced at the ceremony.

Why it matters: The draw sets the bracket for the latter stages of South America's premier club competition, determining the path toward the final. Knockout seeding and matchups shape which clubs face the toughest routes to the title.

What to watch: Watch for confirmed fixture dates and the two-legged Round of 16 schedule once Conmebol publishes the calendar.