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

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The NBA's inaugural in-season tournament has reached the knockout rounds, which will culminate in one team hoisting the NBA Cup and each of its players walking away with $500,000 in prize money.

After all 30 teams were split into six groups and played four group stage games across November, eight qualified for the quarterfinals.

The Indiana Pacers beat the Boston Celtics 122-112 on Monday night to clinch a berth in the semifinals.