|Finals site||Madison Square Garden|
New York City
|Champions||North Carolina Tar Heels (1st title)|
|Runner-up||Georgia Tech Yellow Jackets (1st title game)|
|Winning coach||Dean Smith (1st title)|
|MVP||Bill Chamberlain (North Carolina)|
The 1971 National Invitation Tournament was the 1971 edition of the annual NCAA college basketball competition. 1971 was unique because it was the only time that major rivals Duke and North Carolina had played each other after the ACC tournament until the 2022 NCAA Final Four clash. Eventual ACC member Georgia Tech also made the semis, and lost to North Carolina in the championship. The fourth semifinalist, St. Bonaventure, was playing its first season following the departure of All-American Bob Lanier, who led the Bonnies to the 1970 Final Four.
Below is a list of the 16 teams selected for the tournament.
Below is the tournament bracket.
|Third place game|
- 1971 NCAA University Division basketball tournament
- 1971 NCAA College Division basketball tournament
- 1971 NAIA Division I men's basketball tournament
- 1971 National Women's Invitational Tournament