|Finals site||Madison Square Garden|
New York City
|Champions||Minnesota Golden Gophers (3rd title)|
|Runner-up||SMU Mustangs (1st title game)|
|Winning coach||Richard Pitino (1st title)|
|MVP||Austin Hollins (Minnesota)|
The 2014 National Invitation Tournament was a single-elimination tournament of 32 NCAA Division I teams that were not selected to participate in the 2014 NCAA Tournament. The annual tournament started on campus sites for the first 3 rounds, with the Final 4 and Championship game being held at Madison Square Garden in New York City. The tournament began on Tuesday, March 18 and ended on Thursday, April 3. Minnesota won this tournament after being the 3rd Big Ten team in a row to make the NIT Finals (the two previous years a Big Ten team had lost the final game).
The following teams earned automatic berths into the 2014 NIT field having won their respective conference's regular season championship, but failing to win their conference tournament.
|Atlantic Sun||Florida Gulf Coast||22-12|
|Big South||High Point||16-14|
|Big West||UC Irvine||23-11|
|Sun Belt||Georgia State||25-8|
Southern from the Southwestern Athletic Conference (SWAC) was the league regular season champion and lost in their conference tournament but is ineligible for the NIT due to Academic Progress Rate (APR) sanctions. No team from the SWAC received an NIT autobid.
Arizona (Pac-12), Cincinnati (American), Kansas (Big 12), Michigan (Big Ten), Saint Louis (Atlantic 10), San Diego State (Mountain West) and Villanova (Big East) received automatic bids to the NIT, but did not accept them as they were selected as at-large teams in the 2014 NCAA Tournament.
Games are played at higher seed unless noted
March 21, 23
*#2 Illinois played at #7 Boston University and at #3 Clemson due to State Farm Center renovations.
March 22, 24
|8||Florida Gulf Coast||53|
ESPN has exclusive television rights to all NIT games. They aired every single game across ESPN, ESPN2, ESPNU and ESPN3. Since 2011 Westwood One has held exclusive radio rights to the semifinals and championship. In 2014, John Tautges and Kelly Tripucka called these games for Westwood One.