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Concept
National Invitation Tournament
Summary
The National Invitation Tournament (NIT) is a men's college basketball tournament operated by the National Collegiate Athletic Association (NCAA). The tournament is played at regional sites with its Final Four traditionally played at Madison Square Garden (MSG) in New York City each March and April. It was founded in 1938. The NIT was once considered the most prestigious post-season showcase for college basketball.
A second, much more recent "NIT" tournament is played in November and known as the NIT Season Tip-Off. Formerly the "Preseason NIT" (and still sometimes referred to as such colloquially), it was founded in 1985. Like the postseason NIT, its final rounds are played at Madison Square Garden. Both tournaments were operated by the Metropolitan Intercollegiate Basketball Association (MIBA) until 2005, when they were purchased by the NCAA, and the MIBA disbanded.
Unless otherwise qualified, the terms NIT or National Invitation Tournament refer to the post-season tournament in both common and official use.
The post-season National Invitation Tournament was founded in 1938 by the Metropolitan Basketball Writers Association, one year after the NAIA tournament was created by basketball's inventor Dr. James Naismith, and one year before the NCAA tournament. The first NIT was won by the Temple University Owls over the Colorado Buffaloes.
Responsibility for the NIT's administration was transferred in 1940 to the Metropolitan Intercollegiate Basketball Committee, a body of local New York colleges: Fordham University, Manhattan College, New York University, St. John's University, and Wagner College. This became the Metropolitan Intercollegiate Basketball Association (MIBA) in 1948.
Originally the tournament invited a field of six teams, with all games played at Madison Square Garden in Manhattan.
The field was expanded to eight teams in 1941, 12 in 1949, 14 in 1965, 16 in 1968, 24 in 1979, 32 in 1980, and 40 from 2002 through 2006.
Official source
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