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Michigan Wolverines news: Hoops season has arrived, plus private equity pushback

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The Michigan basketball season won't officially start for a few more weeks, but the Wolverines will be on the floor at the Crisler Center on Friday night for an exhibition game.

Michigan will take on the Cincinnati Bearcats in the first meeting between the two teams since the 1992 Final Four, a game the Wolverines won before losing to Duke in the national title game.

This is the first of two exhibition games. Michigan basketball will play St. John's next Saturday in a matchup of top-10 preseason teams, before the actual season opener against Oakland on Nov.