Tuesday, June 30, 2026

TBT Enterprises Launches $1M Soccer Tournament

  • The winner-take-all, 7v7 tournament will start in June 2023.
  • Hashtag United and a team founded by Clint Dempsey are the only two teams announced.
The Soccer Tournament

The creators of The Basketball Tournament are taking their high-stakes format of sports competition to the pitch.

On Tuesday, TBT Enterprises announced The Soccer Tournament (TST) — a soccer version of its signature $1 million, winner-takes-all tournament. It is set to get underway in June 2023.

TST will follow the typical World Cup tournament structure of group play followed by knockout rounds — but it will use a 7v7 format rather than the traditional 11v11.

Like its basketball counterpart, the competition will select the field after a period of open entry, with two of the 32 teams already announced.

  • Hashtag United, the semi-professional soccer club founded by YouTuber Spencer Owen in 2016.
  • Team Dempsey, a team founded for the purposes of the tournament by American soccer legend Clint Dempsey.

“TST is an opportunity for players to show what they’ve got,” said Dempsey. “I came from the pickup culture, and we’ll be on the search for unproven talent that may have been overlooked by the American soccer system. Don’t sleep on Team Dempsey, we’re coming to win.”

“We’ve experienced a lot in our 7-year history, including FA Cup runs and league championships, but nothing like TST,” Owen said. “We firmly believe playing in this tournament means being at the front and center of an exciting evolution in football/soccer that pushes boundaries in an attempt to maximize entertainment for both the player and the viewer.”

One of TBT’s hallmarks is the use of the Elam Ending, a highly acclaimed format to end basketball games that favors a target score over an expiring game clock. TST will similarly implement Target Score Time — which will see all games end on a goal.

“Fans can expect an hour of highly skilled, electrifying, attacking football,” said TST co-founder Mike Volk. “So far, we are averaging over forty shots on goal per game, though it’s impossible to project exactly what will happen once there is a million dollars on the line.

“One thing is certain: players love seven on seven soccer for its action, flow and skill, and we believe fans will too.”

TBT Enterprises has attracted several notable partners over the years, including NBA star Chris Paul and former MLB executive Tim Brosnan.

“What drew me to the ownership group is their commitment to creating a great tournament where every minute of every game is meaningful,” said Paul, a co-owner in both TBT and TST. “The model breeds intense competition and is built for success beyond just basketball. That’s why I’m so excited to be part of the team as we launch TST, and why I expect it to have as much of an impact on the sport of soccer as TBT has had on basketball.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rob Stone speaks during the Fox Sports Big Noon Kickoff NCAA football pregame show, Saturday, Oct. 9, 2021, at the Pentacrest in Iowa City, Iowa.

A Bandwagoner’s Guide to the USMNT World Cup Run

Rob Stone breaks down the Americans’ outlook ahead of Wednesday.

Rape Cases Hang Over World Cup Knockout Stage

Three players have ongoing rape cases, while others have been accused.

Physicist Explains Why World Cup Ball Is ‘Flummoxing’ Goalies

New technology, grooves, and altitude all shape the ball’s flight.

Josh Childress: Women’s Sports Attracting ‘New Pool of Capital’

The former NBA player also weighed in on expansion and Stanford athletics.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Mia Hamm on the World Cup, NWSL Growth, Angel City Ownership, and Women’s Sports Narratives

0:00

Featured Today

June 26, 2026

In an Era of $1,000 Tickets, $10 Watch Parties Bring Fans Together

Stadium watch parties now rival home-game experiences.
June 25, 2026

Italian Americans Have Severe World Cup FOMO

Bars and restaurants in Boston, Philly, and beyond are missing the Azzurri.
Indiana Fever guard Lexie Hull (10) celebrates a three-point basket Monday, June 22, 2026, during the game at Gainbridge Fieldhouse in Indianapolis. The Indiana Fever defeated the Phoenix Mercury, 86-77
June 24, 2026

Female Athletes Are Trying to Build the ‘Athleisure of Beauty’

“Performance cosmetics” have emerged alongside the women’s sports boom.
June 18, 2026

Why U.S. Open Host Sites Are on a 25-Year Plan

The U.S. Open has already picked out 22 future sites through 2051.
Apr 2, 2026; Sunrise, Florida, USA; Florida Panthers goaltender Sergei Bobrovsky (72) acknowledges the fans after the game against the Boston Bruins at Amerant Bank Arena.

Free Agents Set to Reap Rewards of NHL Record Salary Cap

Attention will be focused on Sergei Bobrovsky and John Carlson, among others.
Apr 3, 2026; Indianapolis, IN, USA; Michigan Wolverines head coach Dusty May looks on during a practice session ahead of the Final Four of the men's 2026 NCAA Tournament at Lucas Oil Stadium. Mandatory Credit: Robert Deutsch-Imagn Images
June 29, 2026

Dusty May Believes NIL Era Experience Will Aid NBA Transition

May is the first college coach to make the jump since 2019.
Tennis - Wimbledon - All England Lawn Tennis and Croquet Club, London, Britain - June 29, 2026 Italy's Jannik Sinner in action during his first round match against Serbia's Miomir Kecmanovic
June 30, 2026

Slippery Grass Surface Once Again Takes Spotlight at Wimbledon

Maja Chwalińska was injured after slipping on the grass.
Sponsored

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
Jun 28, 2026; Baltimore, Maryland, USA; Baltimore Orioles outfielder Colton Cowser (17) congratulates infielder Jackson Holliday (7) at home plate after Holliday hit a two-run home run in the seventh inning against the Washington Nationals at Oriole Park at Camden Yards.
June 29, 2026

Underperforming Teams Make for Uncertain MLB Trade Market

Many clubs don’t yet know whether they will be buyers or sellers.
June 29, 2026

NBA Set for Summer of Chaos: LeBron, Kawhi, Gambling

Kawhi Leonard is the latest star on the trade block.
June 28, 2026

After NFL and CFL Say No, UFL May Be Sorsby’s Best Option

The UFL appeared to confirm Sorsby would be eligible.
Jun 24, 2026; New York City, New York, USA; Norway national soccer team fans show support accompanied by Mr. and Mrs. Met during the MLB game between the New York Mets and the Chicago Cubs at Citi Field.
June 26, 2026

World Cup Fans Are Taking Over MLB Stadiums

About 8,000 Scottish fans attended the Marlins game Monday night.