| Tournament details | |
|---|---|
| Teams | 16 (from 10 confederations) |
| Final positions | |
| Champions |  Santos (1st title) |
| Runners-up |  Rosario Central |
| Tournament statistics | |
| Matches played | 26 |
| Top scorer(s) |  Carlos María Morales Viola(4 goals each) |
The 1998 Copa CONMEBOL was the seventh edition of CONMEBOL's annual club tournament. Teams that failed to qualify for the Copa Libertadores played in this tournament. Sixteen teams from the ten South American football confederations qualified for this tournament. Santos defeated Rosario Central in the finals.