So, I have read on multiple media pages, and heard through social media that everyone believes that NIL is going to kill Cinderella, and eventually kill March Madness. And in a tournament that saw absolutely no upsets, I can see why people are starting to put up the panic button.
There are some fairly good points that I have seen made. First of all, there is the fact that only 4 conferences put a team in the Sweet 16. But to be fair, it is normal that the power conferences are who is left after the first weekend. And while the Big East getting eliminated early reduced the number of power conferences, it is important to also remember that there used to be an extra power conference before the Pac 12 was destroyed.
The second reason that I hear is that with all the major money that is out there for NIL, the smaller schools simply have no chance at getting the talent they need to make a run. And to a certain extent, this is true. The transfer portal has made it easier for a star player at a non-power conference school to average 20 PPG, transfer at the end of the year, and play at a power conference school next season. I think there is some truth in this argument. But here is the problem with the argument. Cooper Flagg was going to play somewhere this year. Whether NIL existed or not, he certainly wasn’t going to be choosing Appalachian State as the school he would lead. He was always going to be going to a school like Duke. Schools like Duke, Kansas, and Kentucky have always been able to get the best recruits – and no one was ready to claim the death of the non-power conferences because of it. Money being available to the players certainly doesn’t change this to a level that would end Cinderella from coming to the party.
The third reason is simply the fact that no non-power conference team made it. Well – I can’t argue with that since none of them did. But I am not sure that is an isolated incident.
But lets take a look back at history to see if this is real. Before we make our trip down memory lane, lets talk about who qualifies. For me, Cinderella is a non-power conference school that was an 11-16 seed.
There are two teams I will not count. First, we will not include the power conference teams that get seeded from 11-16. NC State was a great story last year when they made their run as an 11 seed. But it defeats the argument that NIL is ending Cinderella and use a power conference school that probably has plenty of NIL resources to prove the point. I am also not going to include the non-power conference teams that are ranked 1-10. As much as I like schools like VCU and Gonzaga, it is hard to call a 5 seed like Memphis this year a Cinderella team. So, lets see how deep we can go before the Lunatic needs to get some sleep.
2024 – 13 seed Yale lost in 2nd round to San Diego St, 11 seed Duquesne lost in 2nd round to Illinois, 12 seed Grand Canyon lost in 2nd round to Alabama, 12 seed James Madison lost in 2nd round to Duke, 14 seed Oakland lost in 2nd round to NC State – Cinderella went 0-5 in 2nd round.
2023 – 13 seed Furman lost in 2nd round to San Diego St, 15 seed Princeton beat Missouri before losing in Sweet 16 to Creighton, 16 seed FDU lost to Florida Atlantic – Cinderella went 1-2 in the 2nd round.
2022 – 12 seed New Mexico State lost to Arkansas in 2nd round, 15 seed St. Peter’s beat Murray State (and Purdue before losing to UNC in the Elite 8), 12 seed Richmond lost to Providence in 2nd round – Cinderella went 1-2 in the 2nd round.
2021 – 13 seed Ohio lost to Creighton, 14 seed Abilene Christian lost to UCLA, 13 seed North Texas lost to Villanova, 15 seed Oral Roberts beat Florida before losing to Arkansas – Cinderella went 1-3 in the 2nd round.
2019 – 12 seed Liberty lost to Virginia Tech, 12 seed Murray State lost to Florida State, 13 seed UC-Irvine lost to Oregon – Cinderella went 0-3.
2018 – 16 seed UMBC lost to Kansas State, 13 seed Buffalo lost to Kentucky, 11 seed Loyola-Chicago beat Tennessee (and went to the Final 4), 13 seed Marshall lost to West Virginia – Cinderella went 1-3 (but then went on to the Final 4)
2017 – 11 seed Rhode Island lost to Oregon, 12 seed Middle Tennessee lost to Butler – Cinderella went 0-2.
2016 – 13 seed Hawaii lost to Maryland, 11 seed Wichita State lost to Miami, 12 seed Yale lost to Duke, 11 seed Northern Iowa lost to Texas A&M, 14 seed Stephen F Austin lost to Notre Dame, 12 seed Little Rock lost to Iowa State, 11 seed Gonzaga beat Utah before losing to Syracuse, 15 seed Middle Tennessee lost to Syracuse – Cinderella went 1-7.
2015 – 14 seed Georgia State lost to Xavier, 11 seed Dayton lost to Oklahoma, 14 seed UAB lost to UCLA – Cinderella went 0-3
2014 – 12 seed Stephen F Austin lost to UCLA, 11 seed Dayton beat Syracuse and Stanford before losing in the Elite 8 to Florida, 12 seed Harvard lost to Michigan State, 12 seed North Dakota State lost to San Diego State – Cinderella went 1-3.
2013 – 13 seed LaSalle beat Ole Miss before losing to Wichita State, 14 seed Harvard lost to Arizona, 15 seed Florida Gulf Coast beat San Diego State before losing to Florida – Cinderella went 2-1
2012 – 12 seed VCU lost to Indiana, 15 seed Lehigh lost to Xavier, 15 seed Norfolk State lost to Florida, 13 seed Ohio beat 12 seed South Alabama before losing to UNC – Cinderella went 1-4 (and had to win that game since they played each other).
2011 – 12 seed Richmond beat 13 seed Morehead State (before losing to Kansas). 11 seed VCU beat Purdue on the way to the Final 4. 11 seed Gonzaga lost to BYU – Cinderella went 2-2 (and made it to the Final 4)
2010 – 14 seed Ohio lost to Tennessee, 13 seed Murray State lost to Butler, 12 seed Cornell beat Wisconsin before losing to Kentucky, 11 seed Old Dominion lost to Baylor – Cinderella went 1-3
2009 – 13 seed Cleveland State lost to Arizona, 11 seed Dayton lost to Kansas, 12 seed Western Kentucky lost to Gonzaga – Cinderella went 0-3.
2008 – 13 seed Siena lost to Villanova, 12 seed Western Kentucky beat 13 seed San Diego before losing to UCLA – Cinderella went 1-2.
2007 – 11 seed Winthrop lost to Oregon, 11 seed VCU lost to Pitt – Cinderella went 0-2.
2006 – 14 seed Northwestern State lost to West Virginia, 13 seed Bradley beat Pitt before losing to Memphis, 12 seed Montana lost to Boston College, 11 seed UW-Milwaukee lost to Florida, 11 seed George Mason beat North Carolina (on the way to the Final 4) – Cinderella went 2-3.
So, if I added things up correctly, Cinderella went 15-53 in the 2nd round, and were held out of the Sweet 16 in 6 of the last 18 years. Should also mention that 9 of the last 18 years only had 3 teams make it to the Round of 32.
In 2025, we had Colorado State, McNeese and Drake make it to the Round of 32 and all lose. We can’t say that not enough teams made it – since in half of the last 18 years, we only saw 2-3 teams make it.
If we believe the record over the last 18 years is a fair probability estimate, each Cinderella has a 22% chance of winning. Which if I remember my statistics correctly means that there was a 47.4% chance none of them made it to the Sweet 16.
Was it a little bit sad that no Cinderella’s made the Sweet 16 – absolutely……But we also didn’t see any in 2007 or 2009 when NIL clearly didn’t exist – and no one was talking about the demise of March Madness.
Do I think that NIL is broken – yes!!! I would like to see more guardrails in place. I don’t like the idea that one school can offer $8 million when another can hardly offer $1 million simply because they have rich donors.
Do I think that the transfer portal is broken – yes!!! Why are we opening up the transfer portal during the middle of the NCAA Tournament? Is there any realistic reason that we can’t wait until the tournament is over? There are going to be players who are signed after Monday – we could certainly have waited a week or two to give everyone the same opportunity to be recruited. We can say that they need to be registered by May 1st when a lot of high schoolers are accepting their offers – but this is a business. You can’t tell me that the school can’t figure out how to find room at the university for 2-3 more students. These are special circumstances that they can set up whatever rules they want.
Even if you look at the Final 4, while you can be concerned that the top 4 teams are all the favorites. But can we really be upset to see the ACC, Big 12 and SEC regular season champion and tournament champion play to decide who wins the national title. These were the best 4 teams all season, and they managed to show that by winning 4 games in March.
Cinderella might have left the dance this year before midnight. But before we think that Cinderella isn’t coming back to the dance, we might want to give her a chance for a few more years.