And then there were (the Elite) Eight

And another No. 1 seed bites the dust.

Finishing up the NCAA tournament's Sweet Sixteen play on Friday night, No. 4 Michigan State battled to a 61-59 win over top-seeded Virginia. In fact, just one game on Friday night featured a victory by the higher seed (that would be No. 2-seeded Michigan over No. 11 Tennessee, 73-71).

Both remaining No. 1 seeds, Arizona and Florida, are set to play tonight for a Final Four berth, and TheWeek.com's Jon Terbush found that, historically at least, those two teams' chances are pretty good:

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Whether or not Cinderella team Dayton (a No. 11 seed, facing Florida) or gritty No. 2 Wisconsin (facing Arizona) can pull off an upset remains to be seen. Get thee to a couch, bar, or laptop, though, because March Madness is upon us, and there are plenty more dunks to be watched before a champion is crowned. --Sarah Eberspacher

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Sarah Eberspacher is an associate editor at TheWeek.com. She has previously worked as a sports reporter at The Livingston County Daily Press & Argus and The Arizona Republic. She graduated from Northwestern University's Medill School of Journalism.