It is defended as the secondary men's championship of NXT, the promotion's developmental brand.

Two years later, however, NXT reverted to its original function as WWE's developmental brand.

At Stand & Deliver on April 6, 2024, a women's equivalent to the title was announced by NXT General Manager Ava.

In June 2012, WWE established NXT as their developmental territory, replacing Florida Championship Wrestling (FCW).

Later that night, EC3, Killian Dain, Adam Cole, Ricochet, Lars Sullivan, and Velveteen Dream were announced as the participants in the match.

[12][13][14] The championship belt was unveiled by WWE executive and NXT head Triple H on April 3, 2018.

He won the title by defeating Oba Femi on the October 8, 2024, episode of NXT in Chesterfield, Missouri.