The Atlanta Falcons Hats Basketball Tournament has returned.On July 16th, the ninth-annual high-stakes tournament is set to take place acro s the country.The Basketball Tournament is a 64-team, single-elimination tournament where teams compete for a grand prize of $1 million.Teams are packed with former NBA players and college stars, all competing to take home the million-dollar prize. But how do teams qualify for The Basketball Tournament and how does it work?Find out below. The Basketball Tournament is a March Madne s-style bracket with 64 teams competing in a single-elimination tournament. THE TBT 2022 BRACKET Games tip-off July 16 live on ! TBT (@thetournament) Teams are divided into eight different regions, with the Drew Dalman Jersey winner of each region meeting in Dayton, Ohio for what would be considered the "Elite Eight" portion of March Madne s. This year's regions are Omaha, Rucker Park, Xavier, New Mexico, Wichita, Syracuse, West Virginia and Dayton.It's a winner-take-all tournament, so only the championship team receives the $1 million prize money, which is divided up among the players on the roster or can be donated to charity. Believe it or not, The Basketball Tournament is an "open" tournament, . But it comes at a price.If your team's application is accepted, each player must pay a $1,000 registration fee to officially make a roster. Each team consists of a minimum of seven players or a maximum of 12 players and must have a general manager. Coaches are optional, and teams can have as many as they'd like.Teams usually consist of former NBA players, overseas profe sionals and college hoops stars. When:July 16th through August 2ndWhere:Multiple different regionsTV Channel Atlanta Falcons Jersey :ESPN NetworksStreaming:ESPN app | The Basketball Tournament will be televised on ESPN's family of networks: ESPN, ESPN2, ESPN3, ESPNU and the ESPN app. You can also stream The Basketball Tournament on , the official streaming partner of TBT.Viewers who sign up for get half off the first month with no long-term contracts. Watch The Basketball Tournament live on ESPN and enjoy acce s to sports programming on Atlanta Falcons Home Office the ESPN family of networks. Rather than a traditional game clock, The Basketball Tournament employs what's known as 'The Elam Ending' in which teams play to a target score. In addition to a suring that every contest ends on a game-winning shot, it also helps reduce end-of-game fouling that often extends games and makes for an uneven and unnatural viewing experience.TBT's succe s with The Adetokunbo Ogundeji Jersey Elam Ending even caught the attention of the NBA which now incorporates it into the annual NBA All-Star Game. You can read more about . The Basketball Tournament is introducing a new twist to this year's Elam Ending. Every final shot will now be called 'The Sling Shot', named after which is the official streaming partner of The Basketball Tournament. So if you're watching and wondering why announcers are referring to clutch shots at the end of games, there's your answer!