The 41st edition of the tournament began on March 15, 2023, and concluded on April 2 with the championship game at the American Airlines Center in Dallas.

A total of 68 teams participated in the 2023 tournament, consisting of the 32 conference champions, and 36 "at-large" bids to be extended by the NCAA Selection Committee.

[3] The following teams automatically qualified for the 2023 NCAA field by virtue of winning their conference's tournament.

Per the NCAA, "Upsets are defined as when the winner of the game was seeded five or more places lower than the team it defeated.

[12][13] On August 23, 2022, ESPN announced that the national championship game would be broadcast by ABC for the first time, with a Sunday afternoon scheduling.

With significant attention towards Iowa player Caitlin Clark, the Iowa/South Carolina semi-final game was seen by an average of 5.5 million viewers—making it the highest-rated Women's Final Four telecast in ESPN history.