Canceling March Madness because of the coronavirus pandemic will cost the NCAA about $375 million that it would have distributed to 350 schools across the nation.

Some will be able to absorb the losses better than others.

The NCAA announced Thursday it will distribute $225 million to its Division I member schools in June, nearly two-thirds less than the $600 million scheduled to be handed out in installments from April to June.

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NASHVILLE, Tenn. (AP) Vanderbilt guard Aaron Nesmith is forgoing his final two seasons of eligibility to enter the NBA draft.

Nesmith was one of the nation's most prolific scorers and 3-point shooters before injuring his right foot in January, knocking him out for the remainder of the season. The 6-foot-6 sophomore from Charleston, South Carolina, averaged 23 points, 4.9 rebounds and 1.4 steals.

CHICAGO (AP) Illinois-Chicago hired former Texas and Michigan assistant Luke Yaklich as coach on Thursday.

The 43-year-old Yaklich grew up in Illinois, played at Illinois State and coached high school ball in the state before serving as an assistant at his alma mater from 2013-2017.

DURHAM, N.C. (AP) Duke sophomore Tre Jones says he will enter the NBA draft.

The point guard was named to the third team of The Associated Press All-America team on Friday after being named Atlantic Coast Conference player of the year by the league and runner-up for the same award from the AP.

ATHENS, Ga. (AP) Georgia freshman Anthony Edwards announced his plans to enter the NBA draft on Friday.

For his coach, Tom Crean, it was only a matter of when the news would come. He knew his top scorer was ready for the next level.

The college basketball season came to an emphatic, dramatic end with the cancellation of the NCAA Tournament. The dream of playing under the bright lights of March Madness, of possibly hoisting a national championship trophy, wiped out by the coronavirus.

For a handful of players, earning a postseason honor offers a glimmer of happiness amid the uncertainty.

JACKSONVILLE, Fla. (AP) North Florida and men's basketball coach Matthew Driscoll have agreed to a three-year contract extension.

Athletic director Lee Moon made the announcement Friday, saying Driscoll "has established a standard for developing a championship-level culture both on and off the court."

LOS ANGELES (AP) Loyola Marymount hired Stan Johnson as its basketball coach Friday.

Johnson spent the last five years at Marquette, most recently as associate head coach. The Golden Eagles reached the NCAA Tournament in 2017 and 2019.

BIRMINGHAM, Ala. (AP) UAB has hired former Mississippi coach Andy Kennedy to lead its basketball program.

The Blazers announced Kennedy's return to his alma mater on Friday. A two-time Southeastern Conference coach of the year and the Rebels' winningest coach, Kennedy remains the second-leading scorer in UAB program history.

GREELEY, Colorado (AP) Steve Smiley has been promoted to head men's basketball coach at Northern Colorado, replacing Jeff Lindor, who took over at the University of Wyoming.

Athletic director Darren Dunn announced the promotion Thursday night about 48 hours after naming Smiley the interim head coach following Lindor's departure.