"The Shot" refers to a play by the Valparaiso University's Crusaders (now Beacons) that occurred in the Midwest Regional first round of the 1998 NCAA Tournament.

"The Shot" became one of the notable highlights in March Madness history; it was named the fifth most memorable moment in CBS's coverage of the NCAA tournament by sports analyst Gary Parrish in 2007.

Bryce Drew, Valpo's star guard and son of coach Homer Drew,[5] missed a three-pointer with approximately five seconds left, and after Mississippi grabbed the rebound Valparaiso fouled Ole Miss' Ansu Sesay to stop the clock and send the 72.5% free-throw shooter to the line.

Coach Drew then called his last time out before Sesay could take his second free throw, in order to draw up a play for the Crusaders' last possession.

This left Valpo with 2.5 seconds to get off a shot,[3] and forced inbounder Jaime Sykes to put the ball in play from the far end of the court.

The ball went in as time expired, giving Valpo a 70–69 win and eliminating Ole Miss from the tournament.

They gotta go the length of the court, with 2.5 left...Sykes long pass...Bill Jenkins...Drew's three for the win....GOOD!!!