Updated at 6:08 p.m. ET
The NCAA has announced that it is canceling its Division I men's and women's college basketball tournaments. This year, there will be no March Madness.
"This decision is based on the evolving COVID-19 public health threat, our ability to ensure the events do not contribute to spread of the pandemic, and the impracticality of hosting such events at any time during this academic year given ongoing decisions by other entities," the NCAA said in a statement Thursday.