The Red Bull Ignite7 tournament will be hosted in the Bay of Plenty this year.
New Zealand Rugby (NZR) announced contracted national sevens players will join the Bolt, Surge, Inferno and Power teams alongside more than 60 emerging sevens players for the third annual tournament.
A live draft event on November 30 will see eight captains, including Tauranga-based New Zealand sevens players Tim Mikkelson, Scott Curry and Sarah Hirini, pick their playing squads in a three-round draft.
Teams will then assemble for one week in Tauranga before a two-day tournament at Mount Maunganui's Blake Park on December 5-6.
NZR high-performance sevens manager Tony Philp said the prospect of reimagining sevens in such a unique event was exciting for all involved.
"The opportunity to evolve the Red Bull Ignite7 concept to include our contracted players alongside the next generation of stars is new for us. The proposition of senior players being charged with picking their teams means we have something completely different on our hands.
"The other element of this which is also really exciting is it will grow our leaders as they will have to think about how to build an environment as their team prepares to perform.
"With the talent that is out there we expect the standard of this tournament to be right up there with what you see on the international stage," said Philp.
All Blacks Sevens co-captain Tim Mikkelson said players were looking forward to being able to play sevens again.
"It's been a long time since our last tournament so it's good to have a focus and something to train towards. The concept is something a bit different, there will be some good banter when it comes to the draft," said Mikkelson.
Talent identification to confirm the wider playing group is under way and expected to feature several Farah Palmer Cup and Mitre 10 Cup players.
All players will be given training support in the lead up to the tournament before assembly in December.
This will be the first sevens tournament for the World Series-winning All Blacks Sevens and Black Ferns Sevens since the beginning of 2020 and opens the playing schedule in the lead up to the 2021 Tokyo Olympics.
The teams hope for some Oceania-based tournaments at the start of 2021 before the World Series is re-instated.
Red Bull Ignite7 quick facts
• 104 of the country's best sevens players across eight teams (four men's and four women's)
• First sevens tournament for contracted players since the World Series was called off in March
• Leaders from the All Blacks Sevens and Black Ferns Sevens pick squads in a live draft event
• Teams play a two-day tournament at Blake Park, Mt Maunganui