This will be short, and to the point. As a Tennessee fan I dislike Memphis as much as anyone, Louisville, Cincinnati, CUSA, etc. So please understand I have a bias take on this program.
Was Memphis overrated?
In short, NO, they had amazing talent. Rose and the entire cast deserved to be in that championship game. They beat good teams all season. Georgetown, UCLA, UCONN, Texas, etc. Any team can fall, and take a loss, that is why they play the games. Memphis played like champions the entire championship game, until the last 2 mins. Then, their problem came up. They are under-coached.
Yes they lost because they could not shoot free throws, what was that 1 of 5? But, they had heard all tourney long that they don't matter...who did they hear that from? Wait for it.......wait......wait.......... John Calipari.
That's right, they had the talent and I think the players had the will to win..but their coach held them back. Not only did they not make free throws (not that I ever could in that pressure situation) but you would think a coach may have them, practice them to say maybe improve? But ok ok ok, they can't make them and don't want to practice because they know they will not improve, or whatever the reason is for him telling them they don't matter. Their Coached still failed them by not calling a foul with 9 seconds left and still up by 3, most any coach in the country would have fouled Kansas then. If truth be known most everyone watching the game other than Kansas fans screamed foul idiot.
But wait it gets better, somehow there have been reports that they where trying to foul and he told them to. Sure didn't look like anyone tried to me. Maybe, just maybe you could have used that time out prior to the inbounds, to set your defense John.
Ok, I said it would be short so here is my closing. I want to say congrats to Memphis on a great season, I can't say my heart hurt any by Memphis losing, but I can say for 39.51 it appeared Memphis was the best team on the floor. Memphis did not lose the game because they had less talent, heart, skill, etc. They lost because they had one weakness...their coach.
Memphis should have finished the season with 1 loss, and that was to Tennessee.