Basketball fans should be gearing up for a busy summer.

Once the dust settles from the NBA Finals and NBA Draft, focus will quickly shift to the Olympic Games in Paris. In 2024, the Olympics will feature 3×3 and 5×5 men’s and women’s basketball tournaments for the second time ever.

The 5×5 men’s basketball tournament is headlined by the four-time defending champion United States men’s national team, Australia’s Boomers and Team Canada. And don’t forget France, the host nation, which could see phenom Victor Wembanyama take the floor for his Olympic debut.

With eight of the 12 spots in the men’s Olympic basketball tournament claimed, FIBA has announced the draw for each participating team and potential qualifier.

The Sporting News tracked live updates from March 19’s Olympic basketball draw, a major step for each team to determine their path to medalling in Paris.

MORE: Tracking the latest rumors around Team USA’s roster for 2024 Olympics

Olympics basketball draw 2024: Live group results, teams

(All times Eastern.)

3:20 p.m.: Group A is somewhat incomplete as the only two known participants are Australia and Canada — two countries complete with a bevy of NBA talent. They’ll keep a close eye on Olympic Qualifying Tournaments in Greece and Spain.

3:05 p.m.: While the United States enters as the nation to beat on the Olympic stage, it will have its work cut out. Team USA is in Group C with Serbia, which could feature Nuggets superstar Nikola Jokic.

2:57 p.m.: Here is a recap of the draw for the men’s 5×5 basketball tournament at the 2024 Olympics in Paris:

• Group A: Australia, Olympic Qualifying Tournament winner (Piraeus, Greece), Canada, Olympic Qualifying Tournament winner (Valencia, Spain)
• Group B: France, Germany, Japan,  Olympic Qualifying Tournament winner (Riga, Latvia)
• Group C: Serbia, South Sudan, Olympic Qualifying Tournament winner, United States

2:55 p.m.: To conclude the draw, Japan will join Group B, South Sudan joins Group C and the winner of the Olympic Qualifying Tournament in Piraeus, Greece rounds off Group A.

2:52 p.m.: Team Canada is back on the Olympics stage for the first time since 2000 and joins Group A. Host nation France is in Group B and the winner of the Olympic Qualifying Tournament in Puerto Rico is in Group C. 

2:49 p.m.: Australia, which medaled for the first time in the Tokyo Olympic Games, lands in Group A. The winner of the Olympic Qualifying Tournament in Riga, Latvia will join Group B while Serbia falls in Group C.

2:46 p.m.: The men’s draw begins with the winner of the Olympic Qualifying Tournament in Valencia, Spain earning a spot in Group A. The United States Men’s National Team lands in Group C and 2023 FIBA World Cup Champion Germany lands in Group B.

2:40 p.m.: The draw for the women’s 5×5 tournament has been announced:

• Group A: Serbia, Spain, China, Puerto Rico
• Group B: Canada, Nigeria, Australia, France
• Group C: Germany, United States, Japan, Belgium

Olympics basketball groups 2024

12 teams will participate in the men’s 5×5 Olympic basketball tournament. Eight teams have already qualified with four more spots to be determined during Olympic Qualifiers in July.

Here is the list of teams set to participate:

• France, host nation
• South Sudan, FIBA Africa
• Canada, FIBA Americas
• United States, FIBA Americas
• Japan, FIBA Asia
• Germany, FIBA Europe
• Serbia, FIBA Europe
• Australia, FIBA Oceania

Here is a look at the participating teams in each of the four Olympic Qualifying Tournaments, which take place from July 2 to 7. One team will advance from each of the four tournaments.

The winners from tournaments played Spain and Greece will join Group A, the winner from the tournament in Latvia will join Group B and the winner from the tournament played in Puerto Rico will join Group C.

• Tournament 1 (Valencia, Spain): Lebanon, Angola, Spain, Finland, Poland, Bahamas
• Tournament 2 (Riga, Latvia): Georgia, Phillippines, Latvia, Brazil, Cameroon, Montenegro
• Tournament 3 (Piraeus, Greece): Slovenia, New Zealand, Croatia, Egypt, Greece, Dominican Republic
• Tournament 4 (San Juan, Puerto Rico): Mexico, Ivory Coast, Lithuania, Italy, Puerto Rico, Bahrain

How to watch the Olympic basketball draw

• Date: Tuesday, March 19
• Time: 2 p.m. ET
• Live stream: YouTube

The official Draw Ceremony for the Paris 2024 Olympic Basketball Tournament will take place on Tuesday, March 19 at 2 p.m. ET. The draw will be live-streamed on FIBA’s YouTube channel.

When is basketball at the 2024 Paris Olympics?

• Dates: July 27-Aug. 10
• Locations: Villeneuve-d’Ascq, France (5×5 prelims); Paris, France (5×5 final phase)

The 5×5 men’s basketball tournament at the 2024 Paris Olympics opens with the group stage on Saturday, July 27. Group play concludes on Sunday, Aug. 4 and the quarterfinals begin on Tuesday, Aug. 6.

The semifinals will be held on Thursday, Aug. 8. The bronze medal and gold medal games will be held on Saturday, Aug. 10.

Group play will be held at Pierre Mauroy Stadium in Villeneuve-d’Ascq, France while the final phase of games will be played at Paris’ Accor Arena.