The History of the FIBA Basketball World Cup began in 1950, with the first FIBA Basketball World Cup, which was the 1950 FIBA World Championship. The FIBA Basketball World Cup is an international basketball competition contested by the men's national teams of the members of the International Basketball Federation (FIBA), the sport's global governing body. The championship has been held every four years since the inaugural tournament in 1950 (the 1958 tournament was postponed to 1959 and did not get back on its current schedule until the 1970 tournament was held three years after the 1967 tournament).