In February 2019, the
National Basketball League (NBL) indicated that Tasmania was on the league's future expansion radar. Twelve months later, it was revealed that Tasmania had secured an NBL licence and a team would enter the league in the
2021–22 season. On 1 October 2020, the team name was revealed as the
Tasmania JackJumpers. On the eve of the team's first NBL game, Tasmanian band
Luca Brasi released "Jackies Are On the March", an original theme for the team. In their NBL debut on 3 December 2021, the JackJumpers defeated the
Brisbane Bullets 83–74 in overtime at
MyState Bank Arena in Hobart. The JackJumpers finished the regular season in fourth place with a 17–11 record and faced the first-placed
Melbourne United in the semi-finals, where they defeated United 2–1 to advance to the NBL Grand Final series. They ultimately lost 3–0 in the grand final to the
Sydney Kings. In the
2023–24 NBL season, the JackJumpers returned to the NBL Grand Final series with a 2–1 semi-finals series victory over the
Perth Wildcats. They went on to win their maiden
NBL championship with a 3–2 grand final series victory over
Melbourne United, becoming the first Tasmanian NBL champions since
Launceston Casino City in
1981. As NBL champions, the JackJumpers competed in the
2024 FIBA Intercontinental Cup, becoming the first team from Oceania to play in the
FIBA Intercontinental Cup. Tasmania finished third, after defeating
Al Riyadi from Lebanon in the third place game. In the
2024–25 NBL season, the JackJumpers started with a 3–8 record and went on to miss the top six on percentage at 13–16. In February 2025, NBL owner
Larry Kestelman sold the JackJumpers to a private capital firm, Altor Capital. In August 2025 it was announced that the JackJumpers had secured the next expansion license for the
Women's National Basketball League, with the intention to establish a women's team to commence playing in the 2026–27 WNBL season. They will share facilities with the men's team in Hobart, and also intend to play at least half of their matches in the north of the state. The team name and branding was announced as
Tasmania Jewels in December 2025. ==Home arena==