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The remaining $34 million came from the FY 2012 capital budget signed by governor Sean Parnell, which also included $2 million for team recruiting efforts for the Great Alaska Shootout.
The NIT Season Tip-Off carries none of the postseason tournament's stigma, and is one of many popular season-opening tournaments held every year around the country (alongside events such as the Maui Invitational and the Great Alaska Shootout).
Successfully predicted that Dwyane Wade would be a superstar after a Wade performance in a Marquette tournament win at the Great Alaska Shootout.