Beijing, For the first time, East Asia will have its very own club-to-club regional basketball competition.

The East Asia Super League (EASL), scheduled for October 2021, will feature club teams from China, the Philippines, Japan and South Korea, with teams playing each other in a home-and-away format to ultimately decide a winner at a Final Four event that will rotate between the participating nations, reports Xinhua news agency.

According to EASL CEO Matt Beyer, a regional tournament of this nature is long overdue, with an unprecedented number of basketball thirsty fans craving a higher level of club competition.

"East Asia, between the geographies that we cover, has over two billion people and people get so excited about the national team competitions, but there really hasn't been that club-to-club model, and this type of rivalry within the region - both from an entertainment perspective, and to have a collective platform to raise up East Asian talent on a global level - is what we aspire to," said Beyer of the thinking that lead to the conception of the league.

The league's proposed start date of October 2021 sees it land bang in the middle of a four-year period in which three of the world's biggest basketball competitions will take place in the region. Following China's hosting of the 2019 FIBA Basketball World Cup, Japan will host the delayed Tokyo Olympics in 2021, where basketball Olympic medals are highly coveted, and then the Philippines, Japan and Indonesia will jointly host the 2023 World Cup.

The league aims to build off the success of the Terrific 12 tournament, launched in 2017 as the Terrific 8, which was a condensed version of what the final product will look like. The six-day long event featured three teams from each of the four participating leagues.

The first rendition drew 21 million viewers, with the 2019 tournament showing the rapid rise of the event, garnering a mammoth 117 million viewers. Unfortunately, the 2020 tournament, scheduled to be held in Macao in September, was canceled earlier this month due to travel restrictions caused by the COVID-19 pandemic.

The inaugural season of the EASL will be an eight team competition played over a six month period with the top two teams from each of the four nations qualifying. By 2023 the league will expand to 16 teams meaning the top four teams from the respective leagues will be represented in the competition.

Each season's Final Four tournament will be hosted by one of the four nations, with the venue rotating between the countries every four years.