The Basketball Tournament 2016 was the third edition of The Basketball Tournament, a 5-on-5, single elimination basketball tournament. The tournament involved 64 teams; it started on July 9 and continued through August 2, 2016. The winner of the final, Overseas Elite, received a two million dollar prize. The semifinals were broadcast on ESPN2, and the championship game—played at Rose Hill Gymnasium at Fordham University in The Bronx—was broadcast on ESPN.