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 2
