Other basketball leagues in 1948:    
BAA  ·  PBLA  ·  NBL
The tournament disbanded in 1949, after the BAA and NBL merged to form the NBA.
TEAMWLPctGB
1948 Minneapolis Lakers LogoMinneapolis   301.000-
1948 Anderson Duffey Packers LogoAnderson 21.6671.0
1948 New York Rens LogoNY Rens 21.6671.0
1948 Tri-Cities Blackhawks LogoTri-Cities 12.3332.0
1948 Indianapolis Kautskys LogoIndianapolis 01.0002.0
1948 Fort Wayne Pistons LogoFort Wayne 01.0002.0
1948 Wilkes-Barre Barons LogoWilkes-Barre 01.0002.0
1948 Bridgeport Steelers LogoBridgeport 01.0002.0