Nike
The video, titled "Unlimited Together," was shot in black and white by Hiro Murai, an acclaimed Japanese music video director, Billboard reports.
On the piano-led track, Chance puts in a typically stellar, spoken word-style verse, rapping, "We want some heros in our story / We need highlights for a nightlight / We need glory for a while," before singing an uplifting chorus.
"Nike heralds the strength of unity and power of team with 'Unlimited Together,' a film featuring original lyrics from Chicago-born artist Chance the Rapper," a statement on Nike's website reads. "The film celebrates how the USA Basketball men's and women's teams' individual strengths are amplified when unified in pursuit of a common goal."
This is the second sports-related song Chance has debuted this summer. In July, he sang a moving tribute to Muhammad Ali at the ESPY Awards.
Watch "Unlimited Together" below.