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Report: A Major Change Is Coming To The NIT

An NIT logo on the court at Madison Square Garden.

NEW YORK, NY - APRIL 02: General arena view of the NIT logo during the National Invitational Tournament semifinal round college basketball game between the TCU Horned Frogs and the Texas Longhorns on April 2, 2019 at Madison Square Garden in New York, NY. (Photo by John Jones/Icon Sportswire via Getty Images)

The semifinals and finals of the NIT will be moving from Madison Square Garden in 2023 and 2024, according to a new report.

Since 1938, the last two rounds of the NIT have been held at the World's Most Famous Arena, except for last year when the entire event was held in Texas due to COVID-19. That tradition is coming to an end, per ESPN's Pete Thamel.

The semis and finals will be played elsewhere in 2023 and 2024. Where exactly is up for debate. as Thamel mentioned Butler's iconic Hinkle Fieldhouse and Las Vegas as possible destinations.

Hinkle would be cool, given the mystique and memories packed into the building. However, the goal of playing at MSG has always been a pretty awesome consolation prize for teams that miss the NCAA Tournament and have to settle for the NIT.

Hopefully, this change is not permanent, and we see the NIT make a return to Manhattan in a couple of years.

In the meantime, this year's NIT semis will be played at MSG next Wednesday. Xavier will face St. Bonaventure in one semifinal, while the winners of tonight's Wake Forest-Texas A&M and Washington State/BYU matchups will face off in the other game.