The Towson men's basketball team has declined to participate in a postseason tournament despite "several" offers, the team announced Thursday.
The Tigers' season ended Saturday with a loss to second-seeded College of Charleston in the Colonial Athletic Association tournament. Towson finishes the season 20-13 overall and third in the conference (11-7) for the second straight year.
"We were appreciative of the invitations to participate in some of these great postseason events," coach Pat Skerry said in a release. "It's a testament to the hard work of the players, staff and everybody associated with our program that we are in a position to be consistently considered for postseason opportunities. It's also a nice sign of respect for what we have done recently. However, in evaluating all of our options, while carefully weighing the pros and cons, we have made the decision not to continue our season."
Towson is No. 92 nationally in Ratings Percentage Index as of Thursday afternoon; an invitation to the National Invitation Tournament, with its 32-team field, was likely not forthcoming. Financial considerations can sometimes deter teams from accepting bids to lesser postseason tournaments.
In 2012, for instance, Maryland and first-year coach Mark Turgeon declined to continue its season when the Terps were not invited to the NIT. In his decision, Turgeon cited "the current financial situation in the athletics department." As of 2014, the College Basketball Invitational was charging teams $50,000 to host early-round games.
To host a game in the CollegeInsider.com Postseason Tournament, in which UMBC will be participating, the cost reportedly has been $30,000.