My Reasoning:
Most places that do a bracket make assumptions about which teams will get auto bids and which won't. Most mention their last four in, last four out, and next four out, which is fine, but it's still difficult to get a feel for where teams stand in relation to one another since it's not easy to tell how hard of a bubble they have projected (by hardness of a bubble, I mean how many auto bids are up for grabs. Let me explain. Several mid-major schools will get bids to the tournament whether or not they win their conference tournament. This means if they don't win their conference tournament, some other team will get the auto-bid and they will "steal" an at-large. A soft bubble assumes all these teams get auto bids and therefore, the maximum number of at-large bids will be available. Sort of). So I am instead including a list, beginning with my "Power 16", or top 16 ranked teams, the rest of the locks, and the bubble pecking order as I see it. I will at the end give a summary of how many bids are available in the event of both a soft and hard bubble so you get an idea of where the cut-off line may fall. Maybe I should just give an example.
BIG LIST: March 1st
Power 16:
1. Syracuse
2. Kansas
3. Kentucky
4. Duke
5. Kansas State
6. West Virginia
7. Purdue
8. Ohio State
9. Villanova
10. New Mexico
11. Temple
12. Georgetown
13. Tennessee
14. BYU
15. Michigan State
16. Butler
Other Locks (in no particular order):
Maryland
Pitt
Missouri
Baylor
Texas A&M
Texas
Oklahoma State
Wisconsin
Vanderbilt
Xavier
Gonzaga
UTEP
Northern Iowa
Bubble Order:
Richmond
UNLV
Clemson
Clemson
Florida State
Cornell
Louisville
Marquette
Georgia Tech
Wake Forest
Illinois
Florida
UConn
Notre Dame
Cal
Old Dominion
UAB
San Diego State
Cincinnati
St. Mary's
Mississippi State
South Florida
Ole Miss
Seton Hall
Dayton
Memphis
Charlotte
Rhode Island
At-Large Bids available = 34
Locks = 29
Conferences Spanned = 11
Conferences with more than 2 locks = 5
Projected "Soft Bubble" spots = 16
Projected "Hard Bubble" spots = 10
Here's how this works. The "Soft Bubble" estimate says how many spots are available from the bubble group if every auto bid from the conferences spanned in the locks section comes from the locks section. In other words, if every Gonzaga, Butler, etc. wins their conference tournament. The "Hard Bubble" assumes the conference tournaments from any conference with 2 or less locks will come from outside the locks groups. Obviously, these are two extreme scenarios, but the idea is to say that there are, in my eyes, anywhere from 10 to 16 at-large spots available, taking out locks.
You will notice there are teams from additional conferences in the bubble section. These teams are there for now but will be removed if and when they win their conference tournament. For example, Cornell is in the bubble mix but has a 2 game lead in the Ivy League with 2 games to go, so if they win either on Friday @ Brown or Saturday @ Yale, they clinch the Ivy League and its auto-bid, so they will be removed and placed in the locks group. Until then, these teams in my opinion should be considered in the bubble mix. Also, keep in mind this is if the season ended today. This is important because, obviously, if Old Dominion doesn't win the Colonial tourney, that will likely take them down a notch no matter who they lose to. It's my take on a bubble watch, and I feel it's an interesting and new way to look at things.
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