2K Sports has announced its annual NBA 2K17 All-Star Tournament. The tournament will start on December 31st, 2016, and has a payout of $250,000 to the winning team.

While the event looks to be exciting, do check your eligibility requirements before entering, as you must be 13 years of age or older to enter. Further, the contest exempts players from the states of Arizona, Connecticut, Maryland, and North Dakota as well as the District of Columbia and the province of Quebec.

For the full rules and eligibility requirements, please check it out here.