UNC Basketball's Relevance Questioned + Are UNC Fans Overreacting?

Reese, Pam and Alex discuss Jay Williams’ assessment of UNC’s current relevance, UNC fans' feelings surrounding their season and Hubert Davis' tenure at UNC. Durign an ESPN appearance, Jay Williams argued that UNC is not currently a top-five “relevant” team in college basketball and suggested that if it didn’t have its iconic brand and history, people might not still consider it a true blue blood program. His point wasn’t about UNC’s historical importance, but rather its recent performance, implying that the program’s reputation is carrying more weight than its current results on the court. Is Jay right? Are UNC fans "going through things" and overreacting to this season?