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It's probably the easiest place in the country to recruit since you literally never have to leave your own city and you are playing in the most famous venue in the world, in arguably the best basketball league in the country year to year (though I believe that's the ACC). Any coach who gets that job will be able to afford living in NYC given they pay handsomely there.
They are 9th in all time wins, have numerous NIT championships (some when it was arguably the better tournament than the NCAA and could be considered National Championships), 30 NCAA appearances, nine Sweet 16s, two Final Fours, etc..
Yes, SJU has been down as of late, but is one of the best jobs in the country.
This is 100% the best way to move this thing along. Even with all of the terrible rules in place. However, the legislators at schools that are alum of flagship universities wouldn't dare push this along in fear of their precious darling school possibly slipping into the cellar and possibly being victim to this relegation model. That's the challenge. Everyone knows relegation is the best and most purest form of parity that would create a somewhat even playing field over a long period of time. But 'they' don't want an even playing field. They want to show up to the poker take with a mountain of chips and bully the others. There is a tremendous amount of pride and ego associated with all of this.
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