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What is the NBA in-season tournament? Format, schedule, groups

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The NBA announced on Aug. 15 its schedule for the group stage of the inaugural in-season tournament, which will see the winning team earn the NBA Cup and its players $500,000 each.

The tournament -- whose final will be on Dec. 9 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.