University of Mississippi sports teams, originally known as the "Mississippi Flood", were re-named the Rebels in 1935 and compete in the competitive twelve-member Southeastern Conference of the NCAA's Division I. The school's colors are cardinal red (PMS 186) and navy blue (PMS 281), purposely chosen to mirror the school colors of Harvard and Yale, respectively. With a long history in intercollegiate athletics (Ole Miss began football in 1890), the university competes in 18 men's and women's sports.

Student-athletes, 630 in all, received all-conference academic honors from 1995?2004. The Ole Miss Lady Rebels basketball program began in 1974, and have been a fixture in post-season tournaments since that time. The Lady Rebels have appeared in the NCAA Women's Division I Basketball Championship tournament seventeen times, including the inaugural 1982 tournament; they also appeared in the tournament in 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1994, 1995, 1996, 2004, 2005, and 2007.

They have reached the Sweet Sixteen eight times and the Elite Eight five times (1985, 1986, 1989, 1992, and 2007). They have also appeared in the Women's National Invitation Tournament in 1999, 2001, and 2006. Entering the 2008 season, the program has an all-time win-loss record of 686-353, for a 66% average.

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