Arkansas beat Duke, 76-72, in the 1994 NCAA Men's Basketball Championship game.
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The most recent team to win a championship and not return to the tournament was last year's champions, the UNC Tar Heels. UNC won the national championship over MSU last year. This year UNC did not make the NCAA March Madness tournament everyone knows and loves but did make it into the NIT tournament.
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The University of North Carolina won the NCAA basketball championship in 1993 beating the Fab Five University of Michigan team. This was Coach Dean Smith's last NCAA championship before he retired in 1997. For more information see: http://www.answers.com/topic/1993-ncaa-men-s-division-i-basketball-tournament The score was UNC 77 - Michigan 71. Mostly the loss is attributed to Chris Webber calling a timeout when none were available causing a technical foul. 2 shots and possession from the technical put it away for UNC.
In the 1993 Women's NCAA Championship game, Sheryl Swoopes scored a record-breaking 47 points for Texas Tech, leading her team to victory. This performance is considered one of the greatest individual performances in the history of the NCAA Women's Basketball Tournament.