The original NCAA Division 1 College Basketball Tournament 1939 field consisted of 8 teams.
Kentucky defeated Utah, 78-69, in the finals to win the 1998 NCAA Division I men's basketball tournament.
The NCAA Tournament and The NIT tournament
There are 265 teams in Division II of college basketball. In comparison, there are 325 in Division I, and 325 in Division III.
Currently there are 265 Division II college basketball teams.
Mens college basketball is astronomically more popular than the womens. Not even women watch the womens version. An example of how much more popular it is. The Ncaa Final Four are officially called the Men's tournament and women's tournament. However the men's version is referred to as "Te Tournament" and the women's as, "The Woman's Tournament."
The first and most well known major basketball tournament is the NBA Playoffs. In college, it is a 64 team tournament known as March Madness. There is also a tournament every four years in the Olympic Games. There is also the NIT tournament in college, and FIBA Tournament in international play.