What is the name of the annual NCAA basketball tournament held in March?

The annual NCAA basketball tournament held in March is known as March Madness. This term encapsulates the excitement and unpredictability of the tournament, which features 68 college basketball teams competing for the national championship. March Madness is characterized by its single-elimination format, where teams must win or be eliminated, leading to thrilling upsets and nail-biting finishes that capture the attention of fans across the nation. The name has become synonymous with the tournament and is widely recognized by both fans and media, further solidifying its place in American sports culture.

Choosing the name "March Madness" reflects the intense atmosphere and passionate following that the tournament generates every year, marking it as a key event in the college basketball season. The other options do not carry the same significance or recognition as "March Madness," making them less suitable to describe this renowned tournament.