The North Carolina Tar Heels won their first NCAA national championship with a 54–53 triple-overtime victory over the Kansas Jayhawks.
[19] La Salle, Saint Joseph's, and Temple all finished with 3–1 records in head-to-head competition among the Philadelphia Big 5.
Frank McGuire brought the ACC its first national championship as his undefeated North Carolina Tar Heels defeated Wilt Chamberlain and the Kansas Jayhawks in what is considered one of the best games in NCAA history – a 54–53 triple–overtime thriller.
Played at Municipal Auditorium in Kansas City, Missouri Bradley won its first NIT title, defeating Memphis State in a one-point contest.
Memphis State's Win Wilfong won the MVP in a losing cause as he poured in 89 points in the Tigers' four games, including 31 in the final.