The 1939 World Professional Basketball Tournament was the first edition of the World Professional Basketball Tournament. It was held in Chicago, Illinois, during the days of 26–28 March 1939 and featured 11 teams competing for a prize money of $10,000.^[1] It was won by the New York Rens who defeated the Oshkosh All-Stars 34–25 in the title game.^[2] The Harlem Globetrotters came in third after beating the Sheboygan Redskins 36–33 in the third-place game.^[3] Puggy Bell of the New York Rens was named the tournaments Most Valuable Player.