Feb 18, 2023; Salt Lake City, UT, USA; NBA commissioner Adam Silver at a press conference during the 2023 All Star Saturday Night at Vivint Arena. Mandatory Credit: Kirby Lee-USA TODAY Sports
NBA: All Star-Saturday Night
(New York, NY) — Another massive change is coming to the pro basketball scene. A lucrative one.
The NBA has finally added an In-Season Tournament to its annual schedule. While it is not yet known how the tournament will be received the NBA is expecting it to have a significant increase on revenue.
“This is a little scoop, apparently Adam Silver said at the GM meeting, which I believe was Tuesday or Wednesday here in Chicago, that the league is projecting the In-Season Tournament will generate an extra $1 billion for the league,” said Jake Fischer on the No Cap Room podcast.
“One billion dollars. I don’t know where that calculation is coming from, but if that’s the case, clearly they’re excited about it for that reason alone. Obviously there’s certainly a goal it will induce some more intrigue in the games before the postseason.”
The NBA’s In-Season Tournament will have a large group stage over the first two months of the season. Afterward, a knockout round with the “final four” stage played at a neutral location will follow.