The 68-team format was adopted in 2011 it had remained largely unchanged since 1985 when it expanded to 64 teams. The winning team is crowned national champion, which celebrates by cutting down the nets and watching a montage of the tournament set to One Shining Moment. Four teams then advance to the third weekend for the national semifinals and national championship, collectively referred to as the Final Four. Sixteen winners advance to the second weekend to compete in the regional semifinals and finals, also known as the Sweet Sixteen and Elite Eight, respectively, for the number of participants in the round. The first week starts with eight teams competing in the First Four, with the four winners joining 60 teams to compete in the first and second rounds. The tournament consists of seven rounds and is conducted over three successive weeks. Teams are placed in four regions and given a seed between 1 and 16 within the region. These "at-large" teams are chosen by an NCAA selection committee, then announced in a nationally televised event dubbed Selection Sunday. The tournament teams include champions from 32 Division I conferences and 36 teams which are awarded at-large berths. Known for its upsets of favored teams, it has become one of the biggest annual sporting events in the US. Played mostly during March, the tournament consists of 68 teams and was first conducted in 1939. The NCAA Division I men's basketball tournament, branded as NCAA March Madness and commonly called March Madness, is a single-elimination tournament played in the United States to determine the men's college basketball national champion of the Division I level in the National Collegiate Athletic Association.
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