Imagine a $2 million payday, in an event simply called The Basketball Tournament.  Brandon Wood is reuniting some of Michigan State's former basketball players for a chance to win a king's ransom.

The Basketball Tournament is a March Madness style, one and done event.  There will be a 64 team field that is divided into four regions.

The MSU entry will compete in the Chicago region from July 16 to 17 at The Shannon Center at St. Xavier University.  The other regionals are in Los Angeles, Charlotte and Philadelphia.

The purse has doubled each year, from $500,000 in 2014 to $1 million last year.  The Lansing State Journal has all the basketball tournament information.