Argentina–Uruguay bid for the 2023 FIBA Basketball World Cup October 17, 2017, in Buenos Aires. On December 9, 2017, FIBA decided to award the hosting rights of the 2023 FIBA Basketball World Cup to the Philippines, Japan, and Indonesia, over Argentina and Uruguay, following the final bid presentation, that was held on the same day, in Mies, Switzerland. However, citing the quality of the two joint-bids, FIBA decided to give Argentina and Uruguay the chance to make an unopposed bid for the 2027 FIBA Basketball World Cup. They were told to make adjustments to their original bid, as recommended by FIBA, and were scheduled to represent their new bid
FIBA Basketball World Cup event for women's teams, now known as the FIBA Women's Basketball World Cup, is also held quadrennially. From 1986 through 2014, the men's and women's championships were held in the same year, though in different countries. The current format of the tournament involves 32 teams competing for the title at venues within the host nation. The winning team receives the Naismith Trophy, first awarded in 1967. The current champions are the United States, who defeated Serbia in the final of the 2014 tournament. Following the 2014 FIBA championships for men and women, the men's World Cup was scheduled on a