The NBA will discuss adding an in-season tournament during Tuesday's board of governors meting.
Adam Silver has been pushing for the tournament for several years and has been met with resistance to date.
Talks have centered on an in-season tournament that would begin with pool play as part of the regular-season schedule prior to teams with the best records advancing to an eight-team, single-elimination tournament expected to culminate before Christmas.
The regular season could also decrease from 82 to 78 games with the in-season tournament.
The sides had discussed a purse of $1 million per player for the winning team, and the players would likely see more financial and competitive incentives before an agreement on the format might be reached.