Following the advice of the league's competition committee, the NBA Board of Governors, or the owners, took two wise decisions this week:
They implemented a harsher penalty for the "take" foul—a free throw along with the ball going out of bounds—and permanently locked in the victorious play-in competition.
A tournament during the season was also considered a pet notion of NBA Commissioner Adam Silver. It began with Shams Charania of The Athletic.
Speaking to individuals within the league in Las Vegas, it is becoming more likely that this event will occur. Eventually.
Given the success of the play-in tournament, expect the owners to eventually agree to this on a trial basis because Silver wants it. The concept is to use regular-season games as the "pool play" phase of the tournament, leading to the final eight in a set of one-and-done games similar to the NCAA Tournament similar to the WNBA's Commissioner's Cup.
I doubt that the American athletic audience will accept it because, unlike in Europe or other regions where soccer/football is king, mid-season cups and tournaments are not ingrained in the sports fan DNA. I might be mistaken, though, and the owners are probably willing to accept that the very least try it.
Regarding the NBA tournament, there are still several practical concerns to be resolved.
How does a league add games to the season to make this work, starting with the discussion of rest and recovery to keep players fit and on the court (fewer back-to-backs, for example)? Are all teams losing regular-season games if they are not adding more games?
How much money does the league need to contribute to the pot to encourage the players? How much does a $1 million per player incentive drive the game's true elite, many of whom will eventually make $30 million or more per season?
There are many unanswered questions, but the owners are discussing them and anticipate that the in-season tournament will materialize in a few years. For a few years, at the very least.
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