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The University of Connecticut (UConn) and the University of Kansas (KU) are tied for sixth with four national titles. The University of North Carolina is third, with six national titles, and Duke University and Indiana University are tied for fourth with five national titles. The University of Kentucky (UK) is second, with eight national titles. With 11 national titles, UCLA has the record for the most NCAA Men's Division I Basketball Championships John Wooden coached UCLA to 10 of its 11 titles. Currently, millions of Americans fill out a bracket, attempting to correctly predict the outcome of 63 games of the tournament (not including the First Four games). As television coverage has grown, so too has the tournament's popularity. Since 2011, all games are available for viewing nationwide and internationally. The average payment over the years comes out to be $891 million annually. However, in 2018 that contract was extended for another seven years making it valid through the year 2032. The contract was for 14 years and they paid $10.8 billion. These networks paid the NCAA to broadcast the games in 2011. Currently, the games are broadcast by CBS, TBS, TNT, and truTV under the trade name NCAA March Madness. The tournament has been at least partially televised on network television since 1969. These four teams, one from each region (East, South, Midwest, and West), compete in a preselected location for the national championship. The two Final Four games are played the Saturday preceding the first Sunday in April, with the championship game on Monday. Teams, seeded by rank, proceed through a single-game elimination bracket beginning with the First Four round, a first round consisting of 64 teams playing in 32 games over the course of a week, the "Sweet Sixteen" and " Elite Eight" rounds the next week and weekend, respectively, and – for the last weekend of the tournament – the "Final Four" round. After the First Four round, the remainder of the tournament begins the third Thursday of March, and is played over the course of three weekends, at pre-selected neutral sites across the United States. Each team is "seeded", or ranked, within its region from 1 to 16. The 68 teams are divided into four regions and organized into a single-elimination " bracket", which pre-determines – when a team wins a game – which team it will face next. These "at-large" teams are chosen by an NCAA selection committee, then announced in a nationally televised event dubbed Selection Sunday.

The tournament teams include champions from 32 Division I conferences (which receive automatic bids), and 36 teams which are awarded at-large berths. Many handicappers and pundits also offer advice for winning their own bracket. Employers have also noticed a change in the behavior of employees during this time: they have seen an increase in the number of sick days used, extended lunch breaks and even the rescheduling of conference calls to allow for more tournament watching. Mainstream media outlets such as ESPN, CBS Sports and Fox Sports host tournaments online where contestants can enter for free. It has become extremely common in popular culture to predict the outcomes of each game, even among non-sports fans it is estimated that tens of millions of Americans participate in a bracket pool contest every year. Played mostly during March, it has become one of the biggest annual sporting events in the United States.

The tournament was created in 1939 by the National Association of Basketball Coaches, and was the idea of Ohio State coach Harold Olsen. The NCAA Division I men's basketball tournament, branded as NCAA March Madness, and commonly known simply as March Madness, is a single-elimination tournament played each spring in the United States, currently featuring 68 college basketball teams from the Division I level of the National Collegiate Athletic Association (NCAA), to determine the national championship. NCAA Division I men's basketball tournament Current season, competition or edition:Ģ023 NCAA Division I men's basketball tournament For CBS & Turner Sports' coverage of the tournament, see NCAA March Madness (TV program).