The most memorable play in the championship game came in the last seconds as Michigan's Chris Webber tried to call a timeout with his team down by 2 points when double-teamed by North Carolina.

Michigan subsequently vacated its entire 1992–93 schedule, including its six NCAA Tournament games, after it emerged that Webber had received under-the-table payments from a booster.

In a game that featured two great individual battles (one between Bobby Hurley and Jason Kidd, and the other between Grant Hill and Lamond Murray), two-time defending champion Duke was upset in the second round by California.

At the time, 15-seed Santa Clara's victory over 2-seed Arizona was only the second such upset, and following the 2023 tournament, is one of only eleven times that a 15-seed defeated a 2-seed since the tournament field expanded to 64 teams (In 2018, UMBC became one of only two 16-seeds to defeat a 1-seed, ousting Virginia 74-54, with Fairleigh Dickinson's upset of Purdue occurring five years later.).

The following are the sites that were selected to host each round of the 1993 tournament: First and Second Rounds Regional semifinals and finals (Sweet Sixteen and Elite Eight) National semifinals and championship (Final Four and championship) There were 30 automatic bids awarded to the tournament - of these, 27 were given to the winners of their conference's tournament, while three were awarded to the team with the best regular-season record in their conference (Big Ten, Ivy League and Pac-10).