Current season, competition or edition: The Basketball Tournament 2024 | |
 | |
| Sport | Basketball |
|---|---|
| Founded | 2014 |
| Founder | Jonathan Mugar |
| No. of teams | 64 (2024 tournament) |
| Countries | United States |
| Most recent champion(s) | Carmen's Crew (2024) |
| Most titles | Overseas Elite (4) |
| TV partner(s) | Fox Sports |
| Tournament format | Single-elimination |
| Official website | thetournament |
The Basketball Tournament (TBT) is an open-invitation, single-elimination tournament played each summer in the United States, with the stakes being a cash prize (the most recent tournament in 2024 had a $1 million purse going to the winners). The number of teams playing in the tournament has varied since its establishment, but in recent years has settled into a 64-team field.
The event was founded in 2014 by real estate developer and TV producer Jonathan Mugar,[1][2] and as of 2024, the tournament airs in the U.S. on Fox and its sister network Fox Sports 1 (FS1).
- ^ "Management Team". Mugar Enterprises. Mugar Enterprises. Retrieved July 9, 2024.
- ^ Lowe, Zach. "Welcome to The Basketball Tournament, a $500K Winner-Take-All Extravaganza". Grantland. Retrieved July 13, 2015.