No, I’m saying the global champion tournament was automatically qualified for the next.
But I think
that changed after the Dream Team. Remember, the Dream Team themselves had to compete in the 1992 tournament of Americas to qualify for the Olympics because the previous team USA lost FIBA in 1990. Then they skipped the 1993 Americas tournament and went straight to FIBA '94, and by winning that they skipped the 95 tournament and went straight to the Olympics, and then by winning
that they skipped the '97 Americas tournament and went straight to FIBA '98. Winning the Olympics gave them a bye to FIBA, and winning FIBA gave them a bye to the Olympics
So basically in order to qualify for the Olympics, you need to win at least silver in two of three tournaments; and until 2014 if you won gold in the last Olympics, you only needed to win FIBA.
You can even see the importance of each tournament by the rosters USA sends over. If they have to play the first American tournament they send a bunch of G-leaguers. For FIBA they send their best young guys. If they lose FIBA they send their best available squad for the second American tournament cuz they ain't taking no chancest