I don't think it takes too much reading into the statement from the university to understand it was cost. Also fits the MO from the Athletics Department in recent years..good or bad.
Not sure what UTRGV's record has to do with UAlbany not playing in the postseason..but I agree with you. One of the good things..in my opinion..about the CIT is that you can't be below .500. CBI allows sub .500 teams..like UTRGV this year and Siena a few years ago. Also happen to believe that teams with losing conference records shouldn't be eligible for the NCAA Tournament at-large bids. But that's a discussion for another thread!