<Table> Men's National Invitation Tournament <Tr> <Td_colspan="2"> Current season, competition or edition: 2018 National Invitation Tournament </Td> </Tr> <Tr> <Td_colspan="2"> National Invitation Tournament </Td> </Tr> <Tr> <Th> Sport </Th> <Td> College Basketball </Td> </Tr> <Tr> <Th> Founded </Th> <Td> 1938 </Td> </Tr> <Tr> <Th> Founder </Th> <Td> Metropolitan Basketball Writers Association </Td> </Tr> <Tr> <Th> No. of teams </Th> <Td> 32 </Td> </Tr> <Tr> <Th> Most recent champion (s) </Th> <Td> Penn State (2) </Td> </Tr> <Tr> <Th> Most titles </Th> <Td> St. John's (5) </Td> </Tr> <Tr> <Th> TV partner (s) </Th> <Td> ESPN </Td> </Tr> <Tr> <Th> Related competitions </Th> <Td> NIT Season Tip - Off NCAA Men's Division I Basketball Championship College Basketball Invitational CollegeInsider.com Postseason Tournament Vegas 16 </Td> </Tr> <Tr> <Th> Official website </Th> <Td> https://www.ncaa.com/championships/basketball-men/nit </Td> </Tr> </Table> <Tr> <Td_colspan="2"> Current season, competition or edition: 2018 National Invitation Tournament </Td> </Tr>

How many basketball teams are in the nit