NBA's In-Season Tournament to Hold Final Four in Las Vegas

The NBA will be holding its first-ever in-season tournament in 2023-24, and some of the details are starting to emerge.

This coming Saturday, ESPN's "NBA Today" show will host a schedule unveiling, which will include all the information about this tournament. This will be a random draw for the group stage, similar to what we see in the UEFA Champions League in European soccer.

Each group will have five teams, and they will all play each other once. There will be three groups in each conference, and the seeding will be done based on last season's winning percentage. The six group winners will advance to the knockout round, and they'll be joined by two wild card teams to make up an eight-team quarterfinal. From there, it's a single-elimination tourney.

When the knockout stage is down to just four teams, the scene will shift to Las Vegas. A venue has yet to be announced, but presumably, it will be at T-Mobile Arena.

This will be the NBA's first foray into Las Vegas since the 2007 All-Star Game. With the financial success the Vegas Golden Knights and Las Vegas Raiders have seen, there have been rumors that the NBA would like to have a team there, as well. This is a nice way to test the market before actually putting a team in the city.

The tournament definitely adds a lot of intrigue to the long NBA regular season. Once we know the full draw of the tournament, there likely will be teams we can find value betting on when looking at the NBA odds on FanDuel Sportsbook.

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