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7 seed Uconn beat 8 seed Kentucky for the title in 2014. A 3 seed or lower (aka a fringe top 10 team or worse) has won it all 9 times in the modern era. A lot more have reached the final four or title game
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My bad, I should have typed "another instance" of it being a crap shoot. But I mentioned 2014 uconn as the only real example of that since 2000.