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 https://en.wikipedia.org/wiki/1997%E2%80%9398_NCAA_Division_I_men's_basketball_season.

Final Stats:

AP Poll Summary
School	Conf	Final
North Carolina	ACC	1
Kansas	Big 12	2
Duke	ACC	3
Arizona	Pac-10	4
Kentucky	SEC	5
Connecticut	Big East	6
Utah	WAC	7
Princeton	Ivy	8
Cincinnati	CUSA	9
Stanford	Pac-10	10
Purdue	Big Ten	11
Michigan	Big Ten	12
Mississippi	SEC	13
South Carolina	SEC	14
Texas Christian	WAC	15
Michigan State	Big Ten	16
Arkansas	SEC	17
New Mexico	WAC	18
UCLA	Pac-10	19
Maryland	ACC	20
Syracuse	Big East	21
Illinois	Big Ten	22
Xavier	A-10	23
Temple	A-10	24
Murray State	OVC	25
Rk	Pk	Tm	Player	College
1	1	LAC	Michael Olowokandi	University of the Pacific
2	2	VAN	Mike Bibby	University of Arizona
3	3	DEN	Raef LaFrentz	University of Kansas
4	4	TOR	Antawn Jamison	University of North Carolina
5	5	GSW	Vince Carter	University of North Carolina
6	6	DAL	Robert Traylor	University of Michigan
7	7	SAC	Jason Williams	University of Florida
8	8	PHI	Larry Hughes	Saint Louis University
9	9	MIL	Dirk Nowitzki
10	10	BOS	Paul Pierce	University of Kansas
11	11	DET	Bonzi Wells	Ball State University
12	12	ORL	Michael Doleac	University of Utah
13	13	ORL	Keon Clark	University of Nevada, Las Vegas
14	14	HOU	Michael Dickerson	University of Arizona
15	15	ORL	Matt Harpring	Georgia Institute of Technology
16	16	HOU	Bryce Drew	Valparaiso University
17	17	MIN	Rasho Nesterovic
18	18	HOU	Mirsad Turkcan
19	19	MIL	Pat Garrity	University of Notre Dame
20	20	ATL	Roshown McLeod	Duke University
21	21	CHH	Ricky Davis	University of Iowa
22	22	LAC	Brian Skinner	Baylor University
23	23	DEN	Tyronn Lue	University of Nebraska
24	24	SAS	Felipe Lopez	St. John's University
25	25	IND	Al Harrington
26	26	LAL	Sam Jacobson	University of Minnesota
27	27	SEA	Vladimir Stepania
28	28	CHI	Corey Benjamin	Oregon State University
29	29	UTA	Nazr Mohammed	University of Kentucky
Other notable draft picks:
4	32	SEA	Rashard Lewis
7	41	HOU	Cuttino Mobley	University of Rhode Island