Pitt athletic director Pederson talks about CBI bid

| Monday, March 12, 2012

Athletic director Steve Pederson said today that Pitt will host as many games as possible in the College Basketball Invitational.

Pitt (17-16), shutout from the NCAA Tournament and the NIT after a disappointing 13th-place finish in the Big East, will play host to Wofford (19-13) on Wednesday night at Petersen Events Center.

With a win, Pitt would host the Princeton-at-Evansville winner on March 19 in the quarterfinals. The teams are re-seeded after the quarterfinals with the higher seed hosting the semifinal.

'As long as we keep winning, we will keep hosting the games,' Pederson said.
The cost to host a first-round game is reported to be $35,000, though Pederson declined to confirm that figure.

Pederson, who held a teleconference this afternoon, said accepting a bid to the 16-team CBI was the plan if the Panthers didn`t get into the NIT.

'It was an easy decision and one that we made some time ago,' he said.

As for ticket sales • the first-round average in the CBI last year was 2,414 • Pederson said the 'phones have been busy.'

'We already have been pleased with the ticket sales and the response we`ve gotten,' he said. 'We feel pretty good about being able to cover the cost of hosting the tournament here.'

Pederson, who said he was surprised, but 'not shocked" that Pitt missed the 32-team NIT field, said the CBI will provide a positive opportunity for the youthful Panthers.

'We`re doing this because it`s important to Jamie and the players,' he said. 'This was the right things to do. Overall, it will be good competition for our players. We`ve enjoyed so many fabulous years and this is just a little bit different for us. There are a lot of advantages.'

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