47. 1989 Michigan Wolverines

Key Players: Glen Rice, Rumeal Robinson, Loy Vaught
Finish: Won the national championship
Record: 30-7

If not for the "Fab Five," this would be the team everyone talks about when they talk about Michigan basketball. But it almost didn't play out like that. After the end of the 1988-89 regular season, Wolverines head coach Bill Frieder announced he'd be leaving to take a job at Arizona State after the NCAA Tournament. Or, at least, that's what he intended to do. Instead, the Michigan AD asked him to leave ASAP and Steve Fisher, who later coached the "Fab Five," took over the team. Game over, right? But this team pushed on and shot the lights out in the tournament en route to a Final Four berth and, eventually, a W in the title game against Seton Hall. That's the way to make the best out of a bad situation. (Sidebar: We didn't forget about Glen Rice having a fling with Sarah Palin back in these days, either. Don't think that didn't help you get on this list, son!)

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