It used to be called the Bilas Invitational, but the Back Iron Tournament (BIT for short) has evolved to a point where even Bilas's epic swag cannot contain it.
Suffice it to say that this is a tournament that will never happen, but certainly should. It lacks the democratic appeal of the everyone-has-a-vote NCAA tournament, preferring a more résumé-based approach.
The only way to get into the BIT is to earn it by being one of America's 68 best teams.
For those who are unfamiliar, check the explanation after the jump. For those who are familiar, the parameters have changed, so they need to check after the jump, too.