British Basketball League teams in the Semi-finals are also seeded, with the highest-ranking team drawn against the lowest-ranking team in one Semi-final and the two remaining teams drawn together in the other Semi-final. The culmination of the post-season is the grand Final, held at The O2 Arena in London, which sees the two Semi-final winners play a one-game event to determine the Play-off Champions. The BBL Cup emerged from a breakaway of the English Basketball Association-organised National Cup and was contested for the first time in the 2003–04 season, when Sheffield Sharks were the inaugural winners. The competition is a knockout tournament with
British Basketball League from both the English and Scottish leagues. Following the launch of the new British Basketball League administration in 1987 – who assumed control over the National Basketball League from the English Basketball Association – the British Master's Cup was scrapped and replaced with the newly formed League Trophy. The Trophy competition has historically had a round-robin group stage format used for the first round, however the current competition is a knockout tournament with pairings drawn completely at random – there are no seeds, and a draw takes place after the majority of fixtures have been played in each round. As