7/2/08 BP Top of the World Classic cancelled for 2008 The University of Alaska Fairbanks announced today that it is canceling this year's BP Top of the World Classic. The cancellation is a result of a change in NCAA rules governing college basketball tournaments and the resulting bidding wars taking place between events. "The decision to cancel this year's tournament was not of our making or of our choice," said Brian Hove, tournament director. "The escalation in appearance fees precipitated by the 2006 NCAA rule change has effectively priced the Classic out of the market." (more)