There are four positions on the floor. One at the top of the arc (TOP), one where the three-point line and foul line extended meet (OUTLET), one under the basket (BOARD) and one near where the three-point line and foul line extended meet on the other side from position 2 (SHOT).
This drill will get your players to learn the art of popping-out and shooting, leading a popping-out shooter and passing around the horn.
When the BOARD position player rebounds the ball after a missed shot, the BOARD position player will immediately pass the ball to the OUTLET position player and pop-out to the SHOT position. When the OUTLET position player receives the pass, the OUTLET position player will pass the ball to the TOP position player and move under the basket to the BOARD position (for the next rebound). When the TOP position player receives the pass, the TOP position player will pass the ball to the SHOT position player who has just popped-out. When the SHOT position player receives the pass, the SHOT position player shoots the ball and moves to the TOP position.
This creates a circular motion of movement by the three players (BOARD>SHOT>TOP>OUTLET>BOARD). When a fourth player is entered into the mix, have two players underneath in the BOARD position at the same time. Whoever gets the rebound gets to pass the ball to the OUTLET and move to the SHOT position.
Pop, Stop and Shoot
3 minimum, 4 is better

The basketball drills are licensed under a Creative Commons License.
TLC: Pål Degerstrøm 2000-2008