Did you bother reading the rest of my post, or just cherry picking?
I can see getting sweet 16 rings, but just getting to the tourney rings seems a bit much.
or a ring that can have more bling added each year they get to 16/8. more of a program building ring.
final four should warrant it's own ring
I don't know the answer, but in football, players get rings for bowl games. I am guessing that the sports apparel company for each school gives out "gift's" such as rings for various accomplisments - winning the BE Conference; making the NCAA Tourney; Making the Sweet 16; making the Final 4; winning the NCAA Tournament ...