All 30 teams participated, each playing four regular season games that count towards the tournament's group stage standings.

The tournament's semifinals and championship game were played at T-Mobile Arena on the Las Vegas Strip.

[1] To balance the regular season, the four teams that lost in the quarterfinals played one additional game on December 8, against each other in the same conference.

[1] While the knockout stage was played, the 22 teams that did not qualify for the knockout stage each played two additional regular season games, one home and one away, to complete each team's 82 game regular season schedule.

The second half opened up with a LeBron James and-one play, and the Lakers quickly captured a 10-point lead.

However, Indiana was unable to keep up with the Lakers offense and were trailing by ten points with four and a half minutes left.

Davis scored 10 straight points as part of the 13–0 run that gave the Lakers a 16-point lead with 3:11 remaining in the game.

[15] Davis became the first player in 36 years to record 40+ points, 20+ rebounds, 5+ assists and 4+ blocks,[15] and was the third Laker to achieve this feat following Elgin Baylor and Wilt Chamberlain.

LeBron James won the inaugural Most Valuable Player award, following his averages of 26.4 points, 8.0 rebounds, 7.0 assists, while shooting 56.8% from the field and 60.6% on threes.

[13] On October 25, one week before the start of group play the NBA debuted "The Heist," a series of short films used to promote the tournament.

[19] "The Heist" features seven NBA all-stars: Anthony Davis, Demar Derozan, Darius Garland, Draymond Green, Kawhi Leonard, Julius Randle, Trae Young and Emmy winning actor Michael Imperioli attempting to take the NBA Cup trophy from a Las Vegas casino.

The official anthem for the tournament was a re-recorded version of "Mama Said Knock You Out" by LL Cool J combined with The Roots "Here I Come.

[31][32] Ahead of the semifinals, ESPN and TNT announced that their broadcast teams would collaborate on each other's coverage.

For ESPN, TNT's Reggie Miller joined Mike Breen, Doris Burke and Lisa Salters, while on TNT, ESPN's Doc Rivers joined Kevin Harlan, Candace Parker and Allie LaForce.

[35] On December 19, the Lakers celebrated their win by hanging a championship banner in the Crypto.com Arena to honour their In-Season Tournament victory, ahead of their regular season game against the New York Knicks.