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Villanova celebrates their Big East championship. They will likely earn a one-seed for the NCAA Tournament. Reuters

With the conference tournaments in the books, it’s officially time to get excited for March Madness. The NCAA Tournament field will be decided today in the annual tradition of “Selection Sunday.”

The field of 68 will be decided an announced to and signal the beginning of the exciting NCAA Tournament. Games will not begin until Tuesday, when the play-in matchups to enter the field of 64 start. The second round—when the traditional 64-team bracket tournament begins—will start on Thursday and Friday.

The one sure thing on Selection Sunday will be Kentucky as a No. 1 seed. The Wildcats dispatched Arkansas in the SEC tournament championship game on Sunday to move to a perfect 34-0. The second strongest resume probably belongs to Villanova (32-2) who cruised past Xavier to win the Big East.

Virginia, Duke, Arizona and Wisconsin are all probably hoping for a one-seed as well. It might be a close race. The latest projections by ESPN’s Joe Lundardi has Kentucky, Villanova, Duke and Wisconsin earning the honor (although as of this writing Wisconsin’s Big Ten championship game matchup against Michigan State has yet to be played). Lunardi's bracket has Kansas, Arizona, Virginia and Gonzaga as two seeds.

Bubble teams like UCLA, BYU, Temple and Texas (among many others) have to sit and wait all day as the conference tournaments play out. While the field is large, about half the field is automatic qualifiers, so earning an at-large bid becomes a tough task. Surely, some teams will leave Sunday night heartbroken, on the outside looking in at the NCAA Tournament.

As of this writing, Lunardi projects the last four teams out would be, UCLA, Tulsa, Miami (Florida) and Old Dominion. The last four in would be LSU, Boise State, Ole Miss and Indiana. Everything is still up in the air as the final conference results come in. Every year there are teams that feel like notable snubs and teams that get in by the skin of their teeth. All that's left more most teams to do is wait.

The NCAA Tournament is an event full of drama. It’s fitting that Selection Sunday, the event that kicks the tournament off, would have some drama as well.

Start Time: 6 p.m. ET

TV Channel: CBS

Live Stream: Online at CBS Sports