Oct. 27, 2023: The NIT Board of Managers announces changes for the 2024 National Invitation Tournament that impact how teams qualify. For the 2024 NIT, conference regular-season champions that do not win their conference tournament or are not otherwise selected to the NCAA Division I Men’s Basketball Championship will not receive an automatic bid to the NIT. Instead, the NIT will guarantee two teams (based on the NET rankings) from each of six conferences (Atlantic Coast, Big East, Big Ten, Big 12, Pac-12 and Southeastern). October 27, 2023 53
July 17, 2023: The NCAA announces the creation of the Women’s Basketball Invitation Tournament. The 32-team postseason tournament, which will be owned and funded by the NCAA, will be held annually beginning in 2024. With the addition of the WBIT, 100 postseason NCAA-funded opportunities will be available for Division I women’s basketball teams, equal to that of men’s basketball through its two events (the 68-team championship and 32-team National Invitation Tournament). July 17, 2023 46
March 1950: The City College of New York becomes the only team to win both the National Invitation Tournament and the NCAA basketball championship in the same year. March 1, 1950 40
