Even victory formation, this is an ultra cautious time waste.
It’s also a thing in association football (soccer). Teams are praised for passing the ball around aimlessly denying the opposition possession to defend a lead. It’s boring to watch, unless it’s your team.
An interesting note is that basketball was like this until the introduction of the backcourt violation and shot clock.
The difference, of course, is that basketball is a fast-paced, high-scoring game, and the entertainment value suffers mightily when it is slowed down. Soccer is about deliberately building to a scoring opportunity, so forcibly speeding up the game would simply ruin the structure. Obviously, "turtling" can be a bit of a problem as a result, but it's not hard for a team to sacrifice some defensive structure to press for a turnover.
