NBA Cup prize money: How much do the 2024 in-season tournament winners, players will make the payout..?

The NBA announced on Aug. 15 its NBA Cup schedule for the group stage for the second in-season tournament, which will see the winning team earn the NBA Cup and its players around $514,970 prize money.

The tournament -- whose final will be on Dec. 17 in Las Vegas -- will see each NBA team play a four-game group stage in November, with the group winners advancing to the knockout rounds.

There is a trophy, the NBA Cup, that could get a niftier name for this In-Season Tournaments schedule. The competitive nature of players and coaches and a brighter spotlight on Tuesdays and Fridays figure to drive the action, perhaps beyond what might be the norm for non-tournament games early each season.

Bragging rights will be up for grabs, as will an NBA Cup Tournament MVP award and All-Tournament berths.

Intangibles such as building winning habits and locking in against fresh rivals are expected to be part of this, too.

NBA Cup: What is the prize money of 2024 In-season tournament?

Lastly, there is plenty of prize money pool to be made & this year increased to 3% from 2023.

The cash incentive reportedly is $514,000 per player on the title team, with payments ranging from $51,000 to $200,000 for teams that make it to the Knockout Round.

Players on losing quarterfinals teams: $51,497

Players on losing semifinals teams: $102,994

Players on losing team in championship game: $205,988

Players on winning team in NBA Cup championship game: $514,970

The players on the winning team will each get $514,970, while the runners-up will get $205,988.

The losing players of the semifinals will each get $102,990, and the losing players of the quarterfinals will each get $51,500.

Players on teams that reach the semifinals will receive $100,000 each, while players on teams that reach the quarterfinals will receive $50,000 each.

The league will also hand out its In-Season Tournament MVP award and make the All-Tournament Team.

Emirates NBA payouts: Coaches will also get paid from prize pool for advancing

The NBA's In-Season Cup officials efforts to make the tournament even more competitive, the league's coaches will be paid from a financial prize pool if their team advances to the final rounds of the tournament, according to ESPN's Adrian Wojnarowski.

The head coach of the in-season tournament's winning team will earn $500,000. That is the same amount that the winning team's players are slated to receive.

In addition, NBA assistant coaches will earn an additional share of the pool money that will equal 75% of the winning coach's total payout. The tournament runner-up will win $200,000, while the semifinalist will earn $100,000 and the quarterfinalist will land $50,000.