During Wednesday night's game three, The Golden State Warriors defeated the Cleveland Cavaliers 110-102 at Quicken Loans Arena in Ohio.
The giveaway will take place 2-6 p.m. Wednesday, June 13, according to the Irvine-based fast food chain.
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The sanctions were imposed because ZTE breached a USA embargo on trade with Iran and other countries for six years and lied about it.
Some fine print: "Participating Taco Bell restaurant managers reserve the right to deny Free Taco to any person they reasonably believe has already received a Taco or has engaged in any other fraudulent activity". The giveaway is part of the chain's "Steal a Game, Steal a Taco" promotion for the National Basketball Association finals.
Taco Bell runs a similar promotion in the fall with Major League Baseball called "Steal A Base, Steal A Taco".