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News and Notes: Monday Edition

Below, news and notes for Monday...


  • In the NBA D-League, Jeff Foote (Cornell '10), recorded another double-double over the weekend for his Springfield Armor (Brooklyn Nets affiliate).
  • Time Warner Cable lists the ten greatest 1st and 2nd Round games in NCAA Tournament history and writes in part:
Let's get one thing straight from the very start: I don't like the NCAA tournament expansion to 68 teams or this "First Four" business. Now the main slate of games with 64 teams is technically the second round, with the old play-in games or "First Four" games now considered the first round (whereas the Final Four is the last for teams). This causes some confusion about the rounds of 64 and 32 because either can be called the second round depending on which year the game took place. Well, this historical feature considers the 10 greatest first- and second-round games in March Madness history, and the play-in games don't count.
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6. 2010 Second Round: Cornell 87, Wisconsin 69
After beating fifth-seeded Temple by 15 points in the first round, Big Red kept the magic going with an 18-point thumping of the Badgers. Cornell fell to top-ranked Kentucky in the Sweet 16.
  • Streaking the Lawn, a Virginia blog, writes, " I was forced to retreat back to my "UVA Basketball Despair" file every March. Northern Iowa and Cornell went into the file after making the Sweet Sixteen in 2010. VCU made the list in 2011. Florida Gulf Coast went up in 2013. Virginia, unbelievably, remained off."
Riley Glassmann, Fremd senior guard
Leader of a Fremd team that started 28-0 on the season before falling to Stevenson in the Class 4A Lake Zurich Sectional final. Cornell commit is a solid overall player and plays well on both ends of the floor. Also a tremendous leader that always played hard and made the right play. Not afraid to perform in big games. Wheeling Hardwood Classic Champion and Mid-Suburban League Champion.
Signature performances: 17 points in win over Conant; 24 points in Mid-Suburban League title game win over Prospect; 28 points in Wheeling Hardwood Classic title win over St. Viator.
  • St. Bonaventure coach, Mark Schmidt, could be the replacement for Steve Donahue at Boston College per the Olean Times Herald.
  • Forbes writes, in part, as follows:
Last night the Dayton Flyers punched their ticket to the Elite Eight with a 82-72 victory over Stanford. A No. 11 seed that took down Ohio State in the opening round, Dayton is this year’s biggest Cinderella story. But that sort of tournament success doesn’t come cheap.
As we’ve previously noted, Wichita State’s run to the Final Four last year wound up causing the team to lose money. The Shockers ordinarily net about $1 million per year from basketball, which helps support the school’s non-revenue sports, but tournament costs so increased the team’s spending – up 16% to $5.4 million – that the athletic department had to rely on school reserves to make up its losses.
This year’s tournament has featured a wealth of upsets, and three double-digit seeds made the Sweet 16. With those Cinderella stories in mind, we sought to find out just how expensive it is to go dancing in glass slippers. To do so, we turned to the Department of Education’s financial database and pulled financial details for every Cinderella team – in this case any team that made it to at least the Sweet 16 as a No. 8 seed or higher – of the last decade.
It’s first worth noting a few limitations of our study. One is the obvious small sample size. Cinderella teams are, by definition, rare underdogs. And that sample size unfortunately shrinks even smaller when we have to exclude schools that don’t report detailed losses. The Dept. of Education doesn’t require schools to list financial losses, so athletic departments in the red will often adjust their numbers to show a profit of exactly $0.
That can still be useful information if a team that ordinarily makes a profit suddenly falls to $0, showing that it crossed into the red, but for teams like Richmond, Cornell and St. Mary’s that have reported undefined losses throughout the last decade, there’s no easy way to quantify what sort of impact a Cinderella run had on team finances.
Another thing worth pointing out is that we have a rather wide definition for a Cinderella team, so our pool includes programs like Arizona, Marquette and Xavier, all of which are tournament regulars. If we had financial data for the current season, our selection would also include Kentucky. As we’ll detail later, there’s an important distinction between tournament regulars that win despite a low seed and “true Cinderellas,” or the mid-major programs that make entirely unexpected tournament runs.
There were three excellent examples of the latter in last year’s tournament: Wichita State, La Salle and Florida Gulf Coast. The three teams knocked off far superior competition, and they all saw expenses surge from previous years...

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