Updated

The NBA's All-Star Saturday night is adding a team component, with the Eastern and Western Conference competing for $500,000 in charity.

The conferences will earn points based on the results of the night's four events: the Shooting Stars, the Skills Challenge, the 3-point contest and the slam dunk contest.

The league said Thursday each conference will have a captain, who along with the NBA and sponsor State Farm, will designate the charities his team is playing for. The winning conference gets $350,000 for its charities and the runner-up gets $150,000. The money is being donated by NBA Cares and State Farm.

All-Star Saturday night will be held Feb. 16 in Houston.