Basketball awards are honors given to players, coaches, and teams for their outstanding performances in the sport. These awards can recognize achievements in various categories, such as scoring, defense, and overall contribution to the game. Notable awards include the NBA Most Valuable Player (MVP), Rookie of the Year, and Defensive Player of the Year. In addition to individual accolades, there are also team awards, such as the NBA Championship Trophy, which is awarded to the team that wins the finals. These awards celebrate excellence in basketball and highlight the skills and dedication of those involved in the sport.