NBA will be implementing an In-Season Tournament starting in the 2023-24 season, with prize money of $500,000 per player for the championship team. The tournament is part of the new collective bargaining agreement (CBA) between the NBA and NBPA.
The Athletic's Shams Charania reports that prize money for the championship team of the NBA's In-Season Tournament beginning in the 2023-24 season is $500,000 per player.
In-Season Tournament was included in the new collective bargaining agreement (CBA) between NBA and NBPA.
According to Adrian Wojnarowski of ESPN, the event will include pool-play games baked into the regular-season schedule starting in November -- with eight teams advancing to a single-elimination tournament in December. The Final Four will be held at a neutral site, with Las Vegas prominent in the discussion.
Each in-season tournament game would count toward regular-season standings; the two finalists would ultimately play 83 regular-season games.
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