exciting to watch as two last-place basketball 
(ROOT (ADJP (JJ exciting) (S (VP (TO to) (VP (VB watch) (PP (IN as) (NP (CD two) (NML (JJ last) (HYPH -) (NN place)) (NN basketball))))))))
(ROOT (ADJP (JJ ) (S (VP (TO ) (VP (VB ) (PP (IN ) (NP (CD ) (NML (JJ ) (HYPH ) (NN )) (NN ))))))))