Progressive Insurance signs on as official sponsor for Postseason NIT
Participating in this sponsorship deal:
About Sponsor:
The Progressive Corporation , known as the Progressive Casualty Insurance Company through its subsidiaries, provides personal automobile insurance, and other specialty property-casualty insurance and related services in the United States. The company was co-founded in 1937 by Jack Green and Joe Lewis and is headquartered in Mayfield Village, Ohio.
About Property:
The National Invitation Tournament is a men's college basketball tournament operated by the National Collegiate Athletic Association. There are two NIT events each season. The first, played in November and known as the Dick's Sporting Goods NIT Season Tip-Off , was founded in 1985. The second, the original NIT, is a post-season tournament played in March and April that is now called the MasterCard NIT; it was founded in 1938. In both cases, the final rounds of the tournament are played at Madison Square Garden in New York City. In both common and official use, "NIT" or "National Invitation Tournament" refers to the post-season tournament unless otherwise qualified. Both the pre- and post-season tournaments were operated by the Metropolitan Intercollegiate Basketball Association up until 2005, when they were purchased by the NCAA.