[4][5] The Sydney Kings won their second consecutive championship after beating the New Zealand Breakers in the Grand Final, 3–2.

The New Zealand Breakers returned to a regular home-and-away schedule after spending the majority of the previous two seasons based in Australia due to Covid-related travel restrictions.

[21] The pre-season also featured the Adelaide 36ers playing two NBA teams in the United States, marking the fourth NBLxNBA tour.

[28][29] On 30 January 2023, Sydney Kings claimed their 7th regular season championship.

[35] The top two seeds in the regular season will automatically qualify to the semifinals.