Morning Five: Morning After Edition
Posted by nvr1983 on April 9th, 2013
- Normally the day after the NCs AA Championship Game leaves feeling a little empty inside with the long off-season ahead, but last night’s game (and the first half in particular) was so ridiculously good that we are still buzzing from it. College basketball may not be at the same level it was in the 1980s, but as last night demonstrated it can still be amazing. So while we will miss college basketball for the next six month (we count practice) last night was a nice parting gift.
- Last night may have been huge for Louisville‘s fans in terms of cementing themselves among the nation’s elite programs particularly with the Goliath next door, but according to research by Ryan Brewer, an assistant professor of finance at Indiana University-Purdue University Columbus, Cardinal fans have nothing to worry about as their program was already the most valuable in college basketball. We have not had a chance to analyze the methodology for the valuations and we have seen some pretty ridiculous valuation models over the years (see hundreds of Internet IPOs), but the top 10 looks fairly reasonable even if we don’t agree with the order. If we get a chance to analyze the valuation models in more detail we will post more on it at a later date.
- The night may have belonged to Louisville, but it was still a special night for 11 other individuals (and Rick Pitino) who were announced as the newest inductees into the Basketball Hall of Fame. The headliners for us were the men’s coaches–Pitino, Jerry Tarkanian, and Guy Lewis–all of whom should have been inducted long ago particularly the latter two. This year’s class may not have the standout name that grabs the headlines like Michael Jordan or the Dream Team have done in recent years, but as usual it should be another memorable class and we cannot say there is anybody in the group with whom we can see anybody making a reasonable argument against induction.
- There will be plenty of news about players deciding to enter the NBA Draft over the next few days, but players are already transferring and we have noted several over the past few days. The most recent entries into the transfer pool are Pe’Shon Howard who is leaving Maryland and Anrio Adams who initially left Kansas then tried coming back before apparently being told that he was not needed any more. Howard appears to be leaving for family reasons as his grandmother is apparently quite sick. We don’t know all the details of his family situation, but it appears that his grandparents had a big role in raising him and he wants to be near her for his final season of eligibility. The Adams saga is a little more complex and as the above link alludes to Adams brought a lot of this on himself with his use of social media to announce publicly that he was transferring rather than discussing it with the coaching staff.
- The coaching carousel may already started filling many of its open seats, but the position at Florida Gulf Coast is still open after the surprising departure of Andy Enfield to USC, but it looks like they are narrowing down the list of potential candidates. As you would expect the opening has generated more interest than you would expect for a program of FGCU’s caliber. Perhaps the thought of living in Naples (overrated in our opinion) is attractive to many coaches, but the opening has drawn some big names most notably former NBA coach Eric Musselman, who also submitted his name for consideration for the job in 2011 before being beaten out by Enfield. Personally we think the opening is overrated, but perhaps the appeal of the team’s style might lure some recruits that otherwise would never consider the school.