I personally would like to see as many events in basketball as their are in swimming.
So the 8 length of the quart dribbling relay
3 point contest
dunk contest
one on one championships
trick shot (where judges assign a degree of difficulty and then judge based on execution)
The all arounds competition
and rythmic basketball. Its a team competition where you play a game while simultaneously twirling a ribbon
Actually having a dunk contest in the Olympics might be a great way to get the best dunkers to compete again.
We all know the NBA dunk contest is stale, and the best dunkers rarely compete, and when they do they're not facing any other great dunkers. A gold medal might motivate guys, and occurring only once every 4 years would keep it and the crop of players fresh. And players that complain about the grind of the Olympics can skip all that and just opt to compete in the dunk contest instead.
Let's see what they could have looked like:
The 2000 contest could have been largely the same as the NBA one, Carter, Francis, TMac, but add in Kobe too.
In 2004: maybe you still have Carter, TMac, and Kobe, add in LeBron, Shawn Marion, Amare, Dwyane Wade.
In 2008: Lebron and Dwight, with Gerald Green, Nate Robinson, Josh Smith, Dwyane Wade. Think about that, Gerald Green could get an Olympic gold medal.
In 2012: LeBron' says this will be his last year competing, but he's going up against Blake Griffin. Maybe Kevin Durant and James Harden too.
And you throw in some of the great international leapers and non-NBAers I'm sure are out there, this would be awesome.