The National Invitational Tournament, or NIT, has been a staple at Madison Square Garden for nearly a century.

St. John's v Creighton
Madison Square Garden / Getty Images

The tournament first tipped off at MSG way back in 1938, and has called the legendary arena home ever since. The entire tournament was played there until 1977, when the tournament transitioned to a "home site" model for the early rounds, similar to the NCAA Tournament.

The semifinal and final, however, have always been played at Madison Square Garden. Until now.

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According to multiple sources, and as stated in an article written by the New York Post, Madison Square Garden will not be the host of the semifinals and finals for the foreseeable future. Instead, the 2023 and '24 tournaments are available for bid, and will move to new locations.

Though there are no plans past 2024, the tournament will be on the move for the next two seasons.

Villanova v Butler
Hinkle Fieldhouse / Getty Images

There is no confirmation on where the tournament will head to next. A number of options are on the table, according to the Post's article, from more modern locations like Las Vegas and T-Mobile Arena, or more historic locations like Hinkle Fieldhouse in Indiana.

More to come as more becomes available.

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