NBA makes Inaugural In-Season Tournament to debut in 2023-24 season, Everything to Know.

The New NBA Cup is Coming!

The National Basketball Association today unveiled details of the NBA In-Season Tournament, a new annual competition for all 30 teams that will debut in the 2023-24 regular season.

The NBA unveiled the details Saturday of its inaugural in-season tournament, which will have a prize pool of about $18 million and will be capped by a championship game — which won’t count in the standings — in Las Vegas on Dec. 9.

It’s an event that NBA Commissioner Adam Silver wanted for years, giving teams a trophy to play for during the regular season. And now, it’s finally reality.

When is the NBA In-Season Tournament played?

The inaugural In-Season Tournament will tip off on Friday, Nov. 3 in NBA team markets and culminate with the playing of the Semifinals (Thursday, Dec. 7) and Championship (Saturday, Dec. 9) at T-Mobile Arena in Las Vegas.

The Final Four will be in Las Vegas.

2023-24 NBA In-Season Tournament Format.

The In-Season Tournament will consist of two stages: Group Play and the Knockout Rounds.

Group Play

All 30 teams have been randomly drawn into groups of five within their conference based on win-loss records from the 2022-23 regular season. Each team will play four designated Group Play games – one game against each opponent in its group, with two games at home and two on the road –

Knockout Rounds

Eight teams will advance to the Knockout Rounds: the team with the best standing in Group Play games in each of the six groups and two “wild cards” (the team from each conference with the best record in Group Play games that finished second in its group).

The knockout round will consists of single elimination round inclu. Quarter-final, Semi-final and Championship Game.

Group Play Draw.

Teams were assigned to a five-team group. They’ll play one game against each other; the six group winners will make the quarterfinals, as will the best two second-place teams from the groups.

The 15 teams in each conference were divided into three groups of five teams via a random drawing.

The pots were as follows:

Pot 1: The teams with the three best prior-season records in a conference.

Pot 2: The teams with the fourth- through sixth-best prior-season records.

Pot 3: The teams with the seventh- through ninth-best prior-season records.

Pot 4: The teams with the 10th– through 12th-best prior-season records.

Pot 5: The teams with the 13th– through 15th-best prior-season records.

What is the prize money for the Inaugural NBA In-Season Tournament?

For the 2023-24 season, the In-Season Tournament prize pool will be allocated to the players on the teams that participate in the Knockout Rounds as follows:

Players on winning team of Championship: $500,000 each

Players on losing team of Championship: $200,000 each

Players on losing team of Semifinals: $100,000 each

Players on losing team of Quarterfinals: $50,000 each

Inaugural NBA In-Season Tournament Honors.

At the End of the In-Season Tournament, the NBA will name the Most Valuable Player of the In-Season Tournament and the All-Tournament Team. Selection will be based on the players’ performance in both Group Play and the Knockout Rounds.

How & Where to watch the NBA In-Season Tournament?

NBA created a special streaming/TV package for this new event and will be possible to watch the tournament with an NBA League Pass subscription, ESPN, TNT, YouTube TV.

__________