In 1867, Russia’s decision to sell Alaska to America turned out to be a historic mistake that was to go unnoticed for years to come. The sum paid by the US was only $7,200,000. Although, in the light of the circumstances at the time, it appeared logical, retrospectively, the act looks extremely shortsighted. Russia found itself economically constrained, geographically far away from the region and fearful of its falling into the hands of the British without any compensation. In reality, however, the region had proved immensely valuable both strategically and naturally.

Why Russia agreed to the Alaska purchase

The choice of selling Alaska was based on economic and political reasons. By the middle of the 19th century, the Russian Empire experienced financial difficulties as a result of the expensive Crimean War. It had become increasingly hard for the country to manage such remote and thinly populated areas as Alaska.According to EBSCO, “the Russian-American Company was in decline, and the colony failed to yield any profit”. In addition to this, the lucrative fur trade had declined, making the territory much less economically valuable for the empire.At the same time, Russia was afraid that Britain might capture Alaska in case another war broke out between the two countries. Selling the colony to the friendly United States appeared as a logical step. As the Office of the Historian states, William H. Seward, U.S. Secretary of State, “it was a chance to expand its influence in North America and hinder further growth of Britain”.For Russia, the transaction was a chance to minimise the losses. However, it greatly undervalued the potential of Alaska.

The hidden wealth Russia gave away

Another thing that Russia did not expect was the amount of riches that Alaska possessed. Within several decades after the acquisition, the state saw discoveries of enormous deposits of gold, oil, and other minerals.“Alaska has produced more than 40 million ounces of gold,” according to the US Geological Survey. Furthermore, Alaska is home to some of the world’s most significant undeveloped mineral deposits, according to the U.S. Geological Survey (USGS). But even more importantly, the state’s oil deposits turned out to be extremely valuable. The Prudhoe Bay oil field was discovered in 1968 and became one of North America’s biggest.In retrospect, the amount paid by the Americans, $7.2 million, or two cents per acre, was rather laughable. According to Howard I. Kushner, the deal “robbed Russia of an enormously rich territory, the true value of which would only be recognised in the twentieth century.”

Strategic and geopolitical consequences

In addition to resources, there is the question of strategy and how important Alaska is to the United States from a strategic standpoint. This is a very good place when it comes to defence strategy. It borders on the Arctic Ocean and also happens to be close to Russia.During the period of the Cold War, the Alaskan region became a frontier area for the United States, becoming home to military facilities and warning systems.According to Col. Michael J. Forsyth, U.S. Army, the closeness of Russia and Alaska, only about ninety kilometres apart across the Bering Strait, meant that this region became highly significant to the United States’ defence plans.From today’s point of view, the strategic location of Alaska makes the state very important to the policies of the U.S. related to the Arctic, energy security, and even environmental policies.Thinking back, what seems clear to us now is that the Russians sold Alaska due to immediate needs rather than future considerations. In order to solve the problem, they lost a valuable resource for Russia.Conclusively, the Alaska Purchase should not have been done as it has had a significant impact that will remain throughout history.

The University of Arizona men’s basketball team closes out their historic season after losing to the University of Michigan in the Final Four of the NCAA Tournament. The Wildcats had a tremendous season, breaking program records and earning several different recognitions and awards. 

Over the course of the season, the Wildcats dominated with a 36-3 run, breaking the program record for most wins in program history. Previously, this record was 35 wins during the 1987-98 season. 

Many of Arizona’s players were recognized for their outstanding work during the season. Notably, senior Jaden Bradley was named Big 12 Player of the Year. Freshman Koa Peat and Bradley were selected to the West All-Region team. Peat also earned the Most Outstanding Player across the western regionals. Another notable recognition was Bradley and freshman Brayden Burries earning All-American honors. 

Head coach Tommy Lloyd also received lots of well deserved praise for the way he led this team. He was named Big 12 Coach of the Year and Naismith Coach of the Year. After much discourse during the coaching carousel and the possible coaching job at the University of North Carolina, Lloyd recently agreed to a five-year contract extension with Arizona.     

Regular Season Dominance

Right off the bat, the Wildcats showed promise in their team. The Red-Blue showcase was a great introduction to the team and demonstration of their talent for this upcoming season. As many predicted, they dominated in the preseason matchups against Saint Mary’s College and Embry-Riddle Aeronautical University, blowing both teams out of the water. 

Arizona continued to exert this dominance in their non-conference start to the season in November against tougher opponents. Their first competition was against the reigning NCAA Champions, No. 3 University of Florida, in Las Vegas. The Wildcats took the win 93-87, which was just the start of what was to come. Koa Peat made his college debut with a bang and proved he was a force to reckon with. Peat recorded 30 points on his debut, which also turned out to be his career high. When Arizona took the win against Florida, this was eye opening for a lot of people about the promise and talent that this team had to offer.  

They had a close call against UCLA about two weeks later, taking the victory by a mere 4 points, 69-65. Arizona jumped significantly in the rankings since playing Utah Tech, where they were ranked No. 13, to taking the No. 5 spot. They only continued to climb in the AP rankings, inching up one position at a time. They were ranked No. 4 when they took the victory against No. 3 University of Connecticut, who won the national championship back in 2024. This win was just five days after they beat UCLA.

The Wildcats jumped right past the No. 3 spot after the UConn victory to the No. 2 spot as they took on the University of Denver, Norfolk State University and No. 20 Auburn University at home. After these three games, the Wildcats hit double digits and were holding a 10-0 record. 

Christmas came early for the Wildcats as they grabbed the No. 1 spot in the AP polls in early December before playing No. 12 University of Alabama. Arizona held the No. 1 spot for nine consecutive weeks, which broke the program record that was previously held at eight weeks. They closed out their 2025 by adding four more victories to their roster, along with that No. 1 position.  

After a notable regular season run, the Wildcats established themselves as a force to be reckoned with. They became the first team in AP Poll history to beat five ranked teams in their first nine games.          

Undefeated Conference Run 

The Wildcats began their new year and conference season on the road as they took their first Big 12 victory, 97-78, against the University of Utah. The following Wednesday, the Wildcats returned home for their first conference game in the McKale Center to face another team of Wildcats, Kansas State University. They blew them out of the water, taking a 101-76 victory. Throughout the course of the season, Arizona had 17 wins where they took the victory by 20+ points. 

They continued asserting their dominance on both their home court and on the road. The first rivalry game of the season against ASU was a close one, but Arizona came out unscathed taking an 89-82 win. The Wildcats picked up three more wins against the University of Central Florida, the University of Cincinnati and West Virginia University before heading back to Utah to take on No. 13 BYU. 

This was a close victory with the Wildcats beating the Cougars 86-83. The Arizona freshmen met their match with BYU freshman AJ Dybantsa, who was a contender for the No. 1 overall pick in the NBA draft, but still is uncertain if he will enter the portal this season. Dybantsa recorded 24 points for the Cougars while Burries lead the Wildcats with 29. The Wildcats pulled through with a late rally to take the victory and remain undefeated in their season. 

The Wildcats closed out January with another win against the school up north but this time in enemy territory. Following their game against ASU, Arizona took a victory against Oklahoma State University at home. This marked the Wildcats’ 23rd win, which was an Arizona program record, as well as achieving the best start in Big 12 history. Arizona and the University of Miami Ohio were the remaining undefeated teams at this point in the season. 

Looking forward to their next game, they were taking on No. 9 University of Kansas on their home court. The Jayhawks handed Arizona their first loss of the season in a hard fight. Kansas was able to maintain their perfect home record on Big Monday, going 39-0 under head coach Bill Self. Going into this game, Arizona knew it would be a tough one as Kansas had home court advantage, but they also possess dominant freshman and veteran players. They were led by Flory Bidunga and Melvin Council Jr., who each collected 23 points. 

After this loss on Monday, Arizona looked forward to their next home game against No. 16 Texas Tech University on Valentine’s Day. Not only was it a special day because it was Valentine’s Day, but it was also ESPN’s College Gameday, where 14,688 fans sold out the McKale Center to watch this nationally televised spotlight on the Wildcats. 

This was the fifth time that Arizona has been the host, with the last time being in 2022. It was also the first time that a game was played in the new McKale Center at ALKEME Arena after the announcement of a 15-year naming rights partnership between Arizona Athletics and ALKEME Insurance. During this game, Arizona also honored former Wildcat guard Caleb Love who was welcomed into the Ring of Honor with a ceremony at halftime. 

The Texas Tech game was a nailbiter, with the lead changing 11 times and having 11 ties. The game eventually went into overtime after Ivan Kharchenkov shot late free throws, but unfortunately the Red Raiders were too strong and took the win 78-75. JT Toppin collected 31 points and 13 rebounds while Christian Anderson recorded 19 points and six 3-pointers for Texas Tech. Arizona fought until the end and put up a good fight with both Burries and Tobe Awaka scoring in double figures. 

Because of these two back-to-back losses, Arizona took a fall in the AP rankings from No. 1 for nine consecutive weeks to No. 4 as they prepared to take on No. 23 BYU for the second time this season. 

Arizona managed to get back in the winning column to close out the rest of their season taking on some familiar faces like BYU and No. 14 Kansas for the second time this season, as well as new ones. They took victories against No. 2 University of Houston, Baylor University, No. 6 Iowa State University and University of Colorado, Boulder to round out the season. They managed to get redemption against Kansas and avenge their first loss of the season with a 20+ point victory margin 84-61 at home. 

They secured the Big 12 regular-season title and earned the No. 1 seed heading into the Big 12 Tournament.

Big 12 Champions

After the Wildcats closed out their conference season against Boulder with another victory, they looked towards the Phillips 66 Big 12 Tournament in Kansas City. Arizona was the No. 1 seed and automatically advanced to the quarterfinals, where they took on No. 8 seed UCF. It was a clean sweep victory 81-59 to advance to the semifinals. 

In the semifinals, they faced No. 5 seed Iowa State for the second time this season. Bradley cemented his name as the Big 12 Player of the Year after shooting a 3-pointer buzzer-beater to win the game and send Arizona to the finals. The Wildcats won 82-80 in a crazy finale. 

Arizona faced No. 2 seed Houston in the finals of the Big 12 Tournament before stamping their ticket to the NCAA Tournament after a close win 79-74. This was the first time that Arizona has won the Big 12 Championship title since joining the conference back in 2024.  

 March Madness 

Because of their pure dominance throughout the season and the Big 12 Tournament, Arizona was the No. 1 seed in the western region for the NCAA Tournament. All of Tucson buzzed with excitement over the start of the tournament, and most people made their brackets with Arizona taking the victory at the end of it all. 

They headed down to San Diego for the first round of the tournament, where they played against No. 16 seed Long Island University. They took their first victory of the tournament with over a 30-point margin. 

Later that weekend, Arizona advanced to play No. 9 seed Utah State University to finish out their weekend in San Diego. This was another victory to add to Arizona’s roster with the Wildcats’ winning 78-66. 

Arizona returned home to Tucson, where they were greeted by loving fans showing their support upon their arrival to McKale Center at ALKEME Arena. They had a quick turnaround, though, as they were headed up to San Jose for the second round of the tournament. That Thursday, they took on No. 4 seed University of Arkansas in the Sweet 16. 

In this matchup, Arizona showed strong offense with both Burries and Peat scoring 21 points, Kharchenkov scoring 15 and Bradley, Awaka and Motiejus Krivas tallying 14 points each. The Wildcats advanced to the Elite Eight after a 109-88 victory over Arkansas. This was their first appearance in the Elite Eight since 2015.

The Elite Eight matchup was against No. 2 seed Purdue University. Arizona got off to a slow start, letting Purdue take the lead for the majority of the first half and going into halftime. The Wildcats made a strong comeback in the second half to come out with the 79-64 victory taking them to the Final Four for the first time since 2001. 

Arizona was heading to Indianapolis for the Final Four where they were set to play the No. 1 midwestern seed University of Michigan. Arizona fans migrated to the midwest to support their Wildcats as they ended the 25 year drought since they had played in the Final Four. Unfortunately, this game did not go as the Wildcats had hoped. They were unable to find their rhythm against Michigan’s tough defensive strategy with their strong offense and high shooting percentage. 

Arizona fell to Michigan 91-73 in the Final Four round of the NCAA Tournament. Though they did not win it all after a very tough game, this does not diminish everything this team has done this season and everything they have done for the Arizona basketball program. This team will stand as one of the greats and did the Arizona and Tucson community proud on the national stage.    

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Guests:

Dan Sumner, professor of Agricultural and Resource Economics, UC Davis

Don Cameron, vice president and general manager, Terranova Ranch; president, California State Board of Food and Agriculture

Stuart Woolf, president and CEO, Woolf Farming & Processing

Alexis Maxwell, senior equity analyst, Bloomberg Intelligence