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What Happened to the NIT?

Although it will once again be overshadowed by March Madness, this year's National Invitation Tournament gets rolling tonight. You might not realize it, but the NIT wasn't always an afterthought. Let's take a look at how the New York tourney was eclipsed by the NCAA.

Few collections of letters arouse mixed emotions in college hoops fans quite like “NIT.” Getting a bid in the annual National Invitation Tournament means a team didn’t do quite enough to make it into the field for March Madness. (That’s no fun.) On the other hand, the team gets to play more games. (That’s fun!) Of course, even winning the NIT is a mixed bag, with the thrill of ending the season with a victory undercut by rival fans derisively labeling the squad “the 69th-best team in the country.”

An NIT bid wasn’t always a consolation prize, though. The NIT is actually one year older than the NCAA Tournament – Temple routed Colorado to win the first NIT in 1938 – and it was originally an exclusive field that only invited six teams to New York.

The early NIT had a lot of advantages over its NCAA-sanctioned competition. In an era when travel wasn’t quite as pleasant as it is now, the tournament’s New York digs let the top East Coast teams play relatively close to home. Playing in New York offered greater TV exposure as well.

In both tournaments’ early days, the NCAA knew the NIT was the more attractive tournament, so the original versions of March Madness actually started after the NIT ended to avoid any head-to-head competition. This scheduling quirk made postseason redemption possible; in 1944 Utah won the NCAA Tournament after losing to Kentucky in the first round of the NIT. In 1950 the City College of New York won both the NIT and the NCAA Tournament in the same season, the only time a single team claimed both titles.

The two-tournament format gave rise to another interesting historical footnote. During World War II the NIT and NCAA champions would square off for a Red Cross–sponsored charity game after each season. The NCAA champions (Wyoming in 1943, Utah in 1944, and Oklahoma State in 1945) won all three of these tilts.

What happened to the NIT’s prestige?

The NCAA’s uncanny ability to impose its will on teams and fans was just as potent in the 1950s as it is now. Starting in the 1950s, the NCAA forced any team that won its conference to automatically accept its NCAA Tournament bid. The new rule began the slow process of draining the top teams away from the NIT.

Over the 1960s the NIT’s reputation dwindled, but it didn’t totally die. The tournament became national news in 1970 thanks to a protest by Marquette coach Al McGuire. Marquette had nabbed the 8th spot in the final Associated Press poll of the season, but the Warriors found themselves seeded in the NCAA’s Midwest Region rather than the Mideast Region. McGuire didn’t love the seeding because it meant his team would have to play in Fort Worth rather than closer to home in Dayton. To protest the decision, McGuire snubbed the NCAA by rejecting its at-large bid in favor of playing in (and winning) the NIT.

McGuire’s decision didn’t sit well with the NCAA, which reacted by instituting a new rule that forced all teams to accept a March Madness bid if they received one. (Remember that rule; it became important later.)

The real death knell for the NIT’s prestige probably came when the NCAA changed another rule in 1975. March Madness expanded to 32 teams that year, and the NCAA began allowing multiple teams from each conference to play in the Big Dance. (Previously only one team from each conference could play in the NCAAs.) These new rules further depleted the supply of quality teams that could accept NIT bids. After the NCAA expanded its field to 64 teams in 1985, the NIT-eligible leftovers became even less appetizing.

Who owns the NIT?

For most of its history, the NIT fell under the umbrella of the Metropolitan Intercollegiate Basketball Association, a group consisting of five New York schools: Fordham, Wagner, Manhattan, NYU, and St. John’s. That all began to change around 10 years ago when the MIBA sued the NCAA for violating antitrust laws. According to the MIBA’s thinking, the NCAA rule that forced schools to accept March Madness bids even if they theoretically would rather have played in the NIT was a pretty clear antitrust violation.

The legal debate raged for four years until the NCAA finally squared things with the MIBA in August 2005 by buying both the preseason and postseason NITs for $56.5 million.

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5 Subtle Cues That Can Tell You About Your Date's Financial Personality
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Being financially compatible with your partner is important, especially as a relationship grows. Fortunately, there are ways you can learn about your partner’s financial personality in a relationship’s early stages without seeing their bank statement or sitting them down for “the money talk.”

Are they a spender or a saver? Are they cautious with money? These habits can be learned through basic observations or casual questions that don’t feel intrusive. Here are some subtle things that can tell you about your date’s financial personality.

1. HOW THEY ANSWER BASIC MONEY QUESTIONS.

Casual conversations about finance-related topics can be very revealing. Does your date know if their employer matches their 401(k) plan contributions? Do you find their answers to any financial questions a bit vague—even the straightforward ones like “What are the rewards like on your credit card?” This could mean that your partner is a little fuzzy on some of the details of their financial situation.

As your connection grows, money talks are only natural. If your date expresses uncertainty about their monthly budget, it may be an indicator that they are still working on the best way to manage their finances or don’t keep close tabs on their spending habits.

2. WHAT THEY’RE WATCHING AND READING.

If you notice your partner is always watching business news channels, thumbing through newspapers, or checking share prices on their phone, they are clearly keeping abreast of what’s going on in the financial world. Ideally, this would lead to a well-informed financial personality that gives way to smart investments and overall monetary responsibility.

If you see that your date has an interest in national and global finances, ask them questions about what they’ve learned. The answers will tell you what type of financial mindset to expect from you partner moving forward. You might also learn something new about the world of finance and business!

3. WHERE THEY GET THEIR FOOD.

You may be able to learn a lot about someone’s financial personality just by asking what they usually do for dinner. If your date dines out a lot, it could be an indication that they are willing to spend money on experiences. On the other hand, if they’re eating most of their meals at home or prepping meals for the entire week to cut their food budget, they might be more of a saver.

4. WHETHER THEY’RE VOICING MONEY CONCERNS.

Money is a source of stress for most people, so it’s important to observe if financial anxiety plays a prominent role in your date’s day-to-day life. There are a number of common financial worries we all share—rising insurance rates, unexpected car repairs, rent increases—but there are also more specific and individualized concerns. Listen to how your date talks about money and pick up on whether their stress is grounded in worries we all have or if they have a more specific reason for concern.

In both instances, it’s important to be supportive and helpful where you can. If your partner is feeling nervous about money, they’ll likely be much more cautious about what they’re spending, which can be a good thing. But it can also stop them from making necessary purchases or looking into investments that might actually benefit them in the future. As a partner, you can help out by minimizing their expenses for things like nights out and gifts in favor of less expensive outings or homemade gifts to leave more of their budget available for necessities.

5. HOW THEY HANDLE THE BILL.

Does your date actually look at how much they’re spending before handing their credit card to the waiter or bartender at the end of the night? It’s a subtle sign, but someone who looks over a bill is likely much more observant about what they spend than someone who just blindly hands cards or cash over once they get the tab.

Knowing what you spend every month—even on smaller purchases like drinks or dinner—is key when you’re staying on a budget. It’s that awareness that allows people to adjust their monthly budget and calculate what their new balance will be once the waiter hands over the check. Someone who knows exactly what they’re spending on the small purchases is probably keeping a close eye on the bigger picture as well.

REMEMBER THERE’S NO SUBSTITUTE FOR TALKING.

While these subtle cues can be helpful signposts when you’re trying to get an idea of your date’s financial personality, none are perfect indicators that will be accurate every time. Our financial personalities are rarely cut and dry—most of us probably display some behaviors that would paint us as savers while also showing habits that exclaim “spender!” By relying too heavily on any one indicator, we might not get an accurate impression of our date.

Instead, as you get to know a new partner, the best way to learn about their financial personality is by having a straightforward and honest talk with them. You’ll learn more by listening and asking questions than you ever could by observing small behaviors.

Whatever your financial personality is, it pays to keep an eye on your credit score. Discover offers a Free Credit Scorecard, and checking it won't impact your score. It's totally free, even if you aren't a Discover customer. Check yours in seconds. Terms apply. Visit Discover to learn more.

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Where Do Birds Get Their Songs?
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Birds display some of the most impressive vocal abilities in the animal kingdom. They can be heard across great distances, mimic human speech, and even sing using distinct dialects and syntax. The most complex songs take some practice to learn, but as TED-Ed explains, the urge to sing is woven into songbirds' DNA.

Like humans, baby birds learn to communicate from their parents. Adult zebra finches will even speak in the equivalent of "baby talk" when teaching chicks their songs. After hearing the same expressions repeated so many times and trying them out firsthand, the offspring are able to use the same songs as adults.

But nurture isn't the only factor driving this behavior. Even when they grow up without any parents teaching them how to vocalize, birds will start singing on their own. These innate songs are less refined than the ones that are taught, but when they're passed down through multiple generations and shaped over time, they start to sound similar to the learned songs sung by other members of their species.

This suggests that the drive to sing as well as the specific structures of the songs themselves have been ingrained in the animals' genetic code by evolution. You can watch the full story from TED-Ed below, then head over here for a sample of the diverse songs produced by birds.

[h/t TED-Ed]

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