The Conference of Champions is the nickname for the conference as a whole, not just the basketball league. It is called that because it has won more team NCAA titles than any other conference. I don't have the numbers handy, but if memory serves, they lead by a wide margin. A lot of those titles are in Olympic sports that many/most schools around the country don't have, so make of that what you will. In any event, that is why they have the nickname and why he says it so often. Personally I love Walton because he keeps it fun and, when you focus on his actual analysis, he clearly knows his stuff. But I know he isn't everyone's cup of tea ... I'm pretty sure I'm outnumbered even in my own family on the subject!
On another note, and back to the thread, something tells me that if Peyton had come to OU, we'd all be finding every flaw in his game and wondering why he wasn't already averaging 15 points and 8 assists. Trust me, I lose sleep over every loss and am as disappointed as anyone that we didn't get two or three more wins in the noncon. But for some on the board to act like Lon needs to change his recruiting philosophy, or to suggest that he isn't capable of getting the program back to the second weekend of the tourney, is ludicrous. We are nine months removed from a Final Four appearance, and please don't forget what a mess the program was when he took over for Capel. Patient is the last word anyone would use to describe me, but I feel like Job compared to some of the posters who show up after losses.