
^ Indiana Athletic Director Fred Glass declined to host a home game at Simon Skjodt Assembly Hall citing concern it would "devalue" the Hoosiers' home court. The semifinals were held on Tuesday, March 28 and the championship on Thursday, March 30 at Madison Square Garden in New York City. The first three rounds were played at campus sites. The following 22 teams were also awarded NIT berths.Ītlantic 10, Big 12, Big West, CAA, MAAC, MAC, Missouri Valley, Ohio Valley, So-Con, Summit, Sun Belt, West Coast, WACĪmerica East, ASUN, Big East, Big Sky, Big South, C-USA, Ivy League, MEAC, Northeast, Patriot, Southland, SWAC The following 10 teams were guaranteed berths into the 2017 NIT field when they failed to receive an at-large NCAA bid by virtue of having won their respective conference's regular season championship and failing to win their conference tournaments.
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The team foul limit was three per overtime period, with all non-shooting team fouls thereafter by the defense resulting in two free throws.

In February 2017, the NCAA approved a number of experimental rule changes for use in this tournament: The NIT Selection Show aired Sunday March 12 on ESPNU. The tournament began on Tuesday, March 14 and ended on Thursday, March 30. The annual tournament was played on campus sites in the first three rounds (the host team being the team with the higher seeding), with the semifinals and championship game being held at Madison Square Garden in New York City. The 2017 National Invitation Tournament was a single-elimination tournament of 32 NCAA Division I Teams that were not selected to participate in the 2017 NCAA tournament.

The Shockers won the West Regional, a section of the bracket filled with upsets as No. Wichita State became the tournament's first 9-seed to make the Final Four in the 64-team era. The Wolverines came back to beat top-seeded Kansas in the Sweet 16 while the Orange eliminated No.

Michigan and Syracuse both reached the national semifinals as No. However, the Cardinals' participation in the 2013 NCAA tournament was later vacated by the Committee on Infractions.

In the 75th edition of the NCAA tournament, Louisville defeated Michigan for the national title.
