It was played from March 11 to 14 in Dallas, Texas at the American Airlines Center.
[1] †Baylor removed itself from postseason play, including the conference tournament, before the 2003–04 season due to the Baylor University basketball scandal.
Because of this, Texas Tech got a bye in the first round of the tournament.
This would be the first time in the history of the tournament that all the conference's member teams did not participate; it would not happen again until 2022, when Oklahoma State did not participate in the tournament due to an NCAA-imposed postseason ban.
[1] Most Outstanding Player – Tony Allen, Oklahoma State[2]