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The tournament began play in 2014 with an 8-team championship in three rounds.
The NCHC tournament features a first round round of best of three series hosted by the higher seed, with the four winners advancing to the Frozen Faceoff.
The Frozen Faceoff was originally played at Target Center in Minneapolis, before moving to St. Paul's Xcel Energy Center beginning in 2018. Due to the COVID-19 pandemic, the tournament was cancelled in 2020 and hosted in its entirety by regular season champion North Dakota at the Ralph Engelstad Arena in 2021. The tournament will move entirely to campus sites starting in 2026.