The 19-1 Thunder are currently the favorites to win the 2025 NBA Cup (-125 at FanDuel ). The Bucks won the competition last year, and the Lakers won the initial version in 2023.

Before group play begins, a group play draw took place on Wednesday, July 9. Each team was placed into a "pot" based on its record from the prior regular season (2024-25). In each conference, one team from each pot was randomly selected into each of the three groups in that conference.

The NBA Cup is nearly entering its knockout stages. Here's what to know for the final week of group play games.

The 19-1 Thunder are currently the favorites to win the 2025 NBA Cup (-125 at FanDuel ). The Bucks won the competition last year, and the Lakers won the initial version in 2023. Tuesday, Dec. 9: Heat at Magic, 6 p.m. ET | Knicks at Raptors, 8:30 p.m. ET

The Knockout Rounds begin Dec. 9 and 10 with 8 teams looking to advance to the semifinals and championship in Las Vegas.