The 1997–98 NCAA Division I men's basketball season concluded in the 64-team 1998 NCAA Men's Division I Basketball Tournament whose finals were held at the Alamodome in San Antonio, Texas. The Kentucky Wildcats earned their seventh national championship by defeating the Utah Utes 78–69 on March 30, 1998. They were coached by Tubby Smith and the NCAA Basketball Tournament Most Outstanding Player was Kentucky's Jeff Shepherd.
In the 32-team 1999 National Invitation Tournament, the Minnesota Golden Gophers defeated the Penn State Nittany Lions at the Madison Square Garden in New York City.
Following the season, the 1998 NCAA Men's Basketball All-American Consensus First team included Mike Bibby, Antawn Jamison, Raef LaFrentz, Paul Pierce, and Miles Simon. The consensus second team was composed of Vince Carter, Mateen Cleaves, Pat Garrity, Richard Hamilton, and Ansu Sesay. Taken from http://en.wikipedia.org/wiki/1997%E2%80%9398_NCAA_Division_I_men%27s_basketball_season.

Final stats:

Rank	Team	Coach	Top NBA player drafted in 1998
1	North Carolina	Bill Guthridge	Vince Carter
2	Kansas	Roy Williams	Paul Pierce
3	Duke	Mike Krzyzewski	Roshown McLeod
4	Arizona	Lute Olson	Mike Bibby
5	Kentucky	Tubby Smith	Nazr Mohammed
6	Connecticut	Jim Calhoun
7	Utah	Rick Majerus	Michael Doleac
8	Princeton	Bill Carmody
9	Cincinnati	Bob Huggins	Ruben Patterson
10	Stanford	Mike Montgomery
11	Purdue	Gene Keady
12	Michigan	Brian Ellerbe	Robert Traylor
13	Mississippi	Rob Evans	Ansu Sesay
14	South Carolina	Eddie Fogler	Ryan Stack
15	Texas Christian	Billy Tubbs
16	Michigan State	Tom Izzo
17	Arkansas	Nolan Richardson
18	New Mexico	Dave Bliss
19	UCLA	Steve Lavin	Jelani McCoy
20	Maryland	Gary Williams
21	Syracuse	Jim Boeheim
22	Illinois	Lon Kruger
23	Xavier	Skip Prosser	Torraye Braggs
24	Temple	John Chaney
25	Murray State	Mark Gottfried