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American Athletic Conference picks Memphis to host league's 1st men's basketball tournament

The new American Athletic Conference will hold its first men's basketball tournament at the FedExForum in Memphis next March.

Commissioner Mike Aresco made the announcement on Tuesday.

Aresco says they received "significant" interest from officials at many venues, but chose Memphis for the inaugural event. The tournament will be held March 12-15 with all games televised by ESPN's networks and the championship on ESPN.

FedExForum, which seats 18,400, is off historic Beale Street and home to the Memphis Grizzlies and the University of Memphis men's basketball team. The arena will host the NCAA tournament's South Regional two weeks after the American Athletic Conference tournament.