Annually before the college season begins in November, a "watchlist" consisting of 50 players is chosen by the Atlanta Tipoff Club board of selectors, comprising head coaches, administrators and media members from across the United States.
The final winners are selected in April by both the board of selectors and fan voting via text messaging.
Davis and Moore are the only players of either sex to have won multiple times in non-consecutive years.
Three award winners, two men and one woman, were born in United States territories: The only award winners who have been born outside the jurisdiction of the United States were: Six of these players were developed at least partially in the U.S. proper—Lee was raised in Harlem from early childhood; Ewing immigrated to the Boston area at age 12; Boston moved to Worcester, Massachusetts at the same age; Hield attended high school in suburban Wichita, Kansas; Tshiebwe attended high schools in southwestern Virginia and western Pennsylvania; and Edey spent his last two high school years in Florida.
The award has been won by a freshman four times: Kevin Durant playing for Texas in 2007, in 2012 by Anthony Davis of Kentucky, Zion Williamson of Duke in 2019, and Paige Bueckers of UConn in 2021.