In an effort to maintain some quality, a rule saying that a team must have a .500 or better record to qualify for the NIT was imposed. The NCAA announced a revamped selection process starting with the 2017 tournament . The main highlights are: Teams are no longer required to have .500 or greater records to receive bids.
Madison Square Garden
April 1, 1943
After Selection Sunday on March 14, action continues through to the Final Four in Indianapolis on April 3 and 5. The NCAA announced the relocation of the 13 preliminary sites for the 2021 NCAA Tournament in November 2020. Indianapolis was already scheduled to host the men’s basketball Final Four in 2021.
National Invitation Tournament
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City College of New York
According to this Wikipedia article, the selection process was changed in 2006. According to the article, teams are no longer required to have a . 500 record and conference champions will receive an automatic bid.
The College Basketball Invitational (CBI) is a men’s college basketball tournament created in 2007 by The Gazelle Group.