INDIANAPOLIS (AP) — The blue-and-maize confetti was still flying around the stadium when a new tradition in college basketball kicked off without much fanfare.

The transfer portal opened.

Every team out there with title hopes for 2027 — even the new champions at Michigan — knows the chances of cutting down the nets a year from now will hinge largely on how well they fare in that phase of the game.

Between the time it opened at midnight through 11 a.m. Tuesday, more than 1,200 players had already entered the portal, according to an Associated Press review of the numbers. Hundreds more are expected to flood the market over the newly condensed two-week period before the portal closes on April 21.

It's a free-for-all filled with cash offers to players in exchange for the use of their name, image and likeness — essentially to come and play.

Nobody navigated this new NIL era better in the season just completed than the Wolverines and coach Dusty May. Four of the five starters who led Michigan to its 69-63 win over UConn on Monday night played at other colleges last season. It figures at least three of them could be in the NBA next year.

“It’s important to get the right people on the bus,” Michigan assistant Justin Joyner said, referring to the team he helped build and the next one he must put together.

It's the same across college basketball — newly crowned NCAA champion coach Cori Close of UCLA said the “transfer portal just got easier” after her team's win over South Carolina — and across college sports.

For the men, the biggest names in the portal so far include Flory Bidunga (leaving Kansas), John Blackwell (Wisconsin) and Juke Harris (Wake Forest).

Not every team will be looking for a total rebuild.

UConn made its third Final Four in four seasons based on a targeted use of transfers. Coach Dan Hurley likes to do the old-fashioned thing and find players who will stay for three or four years. But he's realistic. One of his best players this season, Tarris Reed Jr., came to UConn from Michigan.

“We want to supplement our roster with some strategic portal moves like we were able to do,” Hurley said.

Duke and Michigan are the early favorites for 2027

BetMGM Sportsbook listed Duke and Michigan as the early 8-1 favorites to win it all next year. Florida was next at 10-1, followed by Michigan State and Arizona (both 14-1) and UConn (15-1). North Carolina, which has tabbed Michael Malone as its new coach, is 25-1.

The Big Ten is back

The national title is back at Michigan for the first time since 1989. Almost as notably, it's back in the Big Ten for the first time since 2000 (Michigan State).

The Wolverines' victory Monday gave the Big Ten a sweep this year of football (Indiana), along with both Division I basketball titles.

According to Sportradar, this marks the first time the conference has held both the football and men's hoops titles since 1941, when it was known as the Big Nine.

Beyond bragging rights, there is a business side to it all. Last year, the Southeastern Conference got all the buzz by placing a record 14 teams into March Madness and taking the title to Florida.

This year, the Big Ten put a conference-record six teams in the Sweet 16, four in the Elite Eight, two in the Final Four and brought the championship back to its home turf. The conference has won the last three football championships while the SEC hasn't won one since 2022, when it capped a string of four straight that left some wondering if the sport had grown too lopsided.

All of this has a deeper meaning for the two conferences that play an outsized role in shaping the future of college sports, which includes a long-running disagreement over the future of the all-important College Football Playoff and its big paydays: The Big Ten wants a big expansion to 24 or more teams while the SEC does not.

“We’re very proud members of the Big Ten, I’m proud to be in there,” said Michigan athletic director Warde Manuel, whose own regents have been bickering with the conference over its desire to bring outside investors into the league. “My AD colleagues are working hard to do the same thing that I’m doing tonight, talking to you guys, being here with the confetti, having our team cut down the net. So all of that stuff is really good.”

The freshmen can play, but the veterans cut down nets

It was another year in which freshmen-led teams were not able to finish the six-game push to the title.

Michigan won this year with transfers filling all five starter spots, even if there were some key freshmen contributors. Arizona — a team that leaned heavily on the brilliance of freshmen Brayden Burries and Koa Peat — spent nine weeks at No. 1 in the AP Top 25 and won 36 games, only to fall to the Wolverines in a Final Four rout.

That comes a year after Florida won the title with senior guard Walter Clayton Jr. being named Final Four most outstanding player.

The Gators won in a year in which a freshman-heavy Duke team — No. 1 overall draft pick Cooper Flagg and lottery picks in Kon Knueppel and big man Khaman Maluach — lost to Houston in the national semifinals.

Only two teams powered by one-and-done NBA talents have won the championship: Kentucky in 2012 with eventual No. 1 overall pick Anthony Davis and Duke in 2015 behind Jahlil Okafor.

Trump, Congress and courts

The background noise in college sports, which never shuts off, will include court cases and continuing negotiations in Congress as the NCAA and other stakeholders looks to find a compromise to enshrine many of the industry's new rules into law.

President Donald Trump generated headlines in the buildup to the Final Four be issuing an executive order that suggested schools could lose federal funding if they don't comply with rules surrounding paying players, the transfer portal and how many years a player is eligible.

What will the rules be? Ultimately, it seems Congress will have to decide. But one key sticking point will come over individual players' rights to sue the NCAA over eligibility — an ongoing issue that has landed the NCAA in court dozens of times.

In a largely overlooked development last week, the NCAA notched victories in a pair of those eligibility cases. One involved four former West Virginia football players who sued over whether their junior college experience should count against their eligibility window. The other stemmed from Virginia quarterback Chandler Morris' request to play a seventh season.

“We win way more of those than we lose,” NCAA president Charlie Baker said at the Final Four last week. “It’s a very small universe here that we’re talking about. And an even smaller universe that wins in court. And part of the problem with that is the length of time it takes to process that out to the complete end.”

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AP Basketball Writer Aaron Beard contributed to this report.

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AP March Madness bracket: https://apnews.com/hub/ncaa-mens-bracket and coverage: https://apnews.com/hub/march-madness

INDIANAPOLIS (AP) — Even though he hails from a state where Peyton Manning ruled the sports world, the Fab Five and Tom Brady turned Indiana native Josh Mullins into a dedicated Michigan fan.

Just how big of a Wolverines fan? He named his oldest son after star Michigan receiver Braylon Edwards.

Now, UConn's breakout star, Braylon Mullins, will try to take down the family's favorite program with the national title on the line Monday night. But there's no doubt where the family's allegiance lies.

“It's UConn all the way,” Josh Mullins told The Associated Press, who was seated near the front row with his wife and twin sons for Friday's open practice. “I tried to get all of them to buy in on (Michigan). When I was growing up, you know, the Fab Five. I was a huge football fan, that's why I like Brady.”

The eldest member of the Mullins family has been in high demand this week from both sides of this March Madness finale.

He did a podcast this week with Edwards, though he’s never met the ex-receiver in person, and was hopeful of meeting Jalen Rose, Chris Webber and the rest while they were in Indianapolis doing some TV work over the weekend.

UConn (34-5) fans are excited to meet him, too, since the Huskies likely wouldn't be here without the sensational play of his oldest son.

Braylon Mullins made the long 3-pointer with 0.4 seconds left to take down Duke, the tourney's top seed, in the East Region final, then made another crucial 3 with 52 seconds left Saturday to beat Illinois 71-62.

It was his only basket of the second half, setting up the clash — and potential family feud — against Michigan.

"In my household, growing up, it was Michigan football, Michigan basketball,” Braylon Mullins said Sunday. “That's what my family and friends were watching. So having people around me who are probably going to be rooting for Michigan means a little more in this game, just to be fun. But at the end of the day, it's just another game.”

Cadeau and the art of missing on purpose

Michigan guard Elliot Cadeau controlled a lot of Saturday night's win over Arizona despite shooting only 5 for 17. Coach Dusty May says those shot stats aren't as bad as they look because, at least once, Cadeau was missing on purpose.

In a twist of coaching genius, May instructed Cadeau to bounce the ball high off the backboard as a way to get it to 7-foot-3 center Aday Mara, who was dealing with Arizona's 7-4 Motiejus Krivas for much of the evening.

“When you look at the stat sheet it says a missed shot and a put-back,” May said of his guard's stats line, which also included 10 assists, five rebounds and four steals.

Cadeau confirmed this. On Michigan's first possession, he drove to the hoop and Krivas came over to try to stop him, so Cadeau threw the ball high off the glass to set up an easy put-back for a then-wide-open Aday. The center finished with a career-high 26 points.

“You've got to learn new tricks and stuff to get the ball,” Cadeau said. “It's pretty hard. Something I've never done before, never been taught before, but I think me and Aday got established connections on those type of passes now.”

A Big Ten drought could come to an end

Michigan could end a Big Ten drought without the national title that dates to 2000, when Michigan State's "Flintstones” team — led by Mateen Cleaves out of Flint — beat Florida to win the championship.

The Wolverines, of course, are more focused on bringing the second title back to campus — the first since 1989.

But May said he's well aware of what a win would mean to the conference, which has ballooned from 11 to 18 teams since it last cut down the nets at the Final Four — as good a sign as any about the changes that have enveloped college sports over the last quarter century.

“We’re competing against the SEC, the Big 12, the Big East, all these other leagues,” May said. “The better we can do as a group, as a league, and it also helps financially as TV contracts are renegotiated and things like that. So, we have to do well for us and for the Big Ten if we want to continue to be on the cutting edge and hopefully be in the premier basketball league in the country.”

The Big Ten has won the last three national titles in football.

Michigan's May learned from Bob Knight

This marks the 50th anniversary of the last undefeated team in college basketball — Bob Knight's 1975-76 team at Indiana.

Some two decades after that Hoosiers team made history, May served as a student manager for Knight in Bloomington.

The Michigan coach said there was a planning-and-preparation aspect to Knight's work that he has tried to emulate.

“You’re figuring out solutions or contingencies in advance, and if those become a problem you’re ready, as opposed to just always being shocked at what’s in front of you,” he said.

Part of the equation, May said, is related to an emotion commonly associated with Knight.

“Obviously there’s a fear element and a fear of disappointing him, that you wanted to be thinking ahead, you wanted to be on your toes,” May said. “You’re always anticipating what’s next.”

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AP March Madness bracket: https://apnews.com/hub/ncaa-mens-bracket and coverage: https://apnews.com/hub/march-madness