Streeter Lecka/Getty Images

UPDATE: Tuesday, April 9 at 3:05 p.m. ET by Ryan Rudnansky

Initial reports of the Louisville parade being on Wednesday were incorrect, according to Louisville Mayor Greg Fischer. The date and time have yet to be determined.

---End of update---





After holding off Michigan in the national championship game, Louisville will hold a parade to celebrate on Wednesday from 2 p.m. to 5 p.m. local time, according to Louisville Metro Police Department, via Joe Arnold of WHAS-TV.

Arnold tweeted on Monday:

Arnold added that the parade would be on Main Street from 10th Street to 2nd Street:

Louisville Mayor Greg Fischer already seems ready to start the parade:

Where: Main Street, from 10th Street to 2nd Street, Louisville, KY

When: TBA

Watch: TBA

Live Stream: TBA

Louisville beat Michigan for the national title on Monday at the Georgia Dome, 82-76. Bench guard Luke Hancock, who stepped up in Kevin Ware's absence in the Final Four against Wichita State, had another big game, scoring a team-high 22 points on 5-of-6 shooting (5-of-5 from long range). He was named the Most Outstanding Player of the Final Four, via the Associated Press.

Michigan shot 52 percent from the floor, but the Cardinals won the battle of the boards, out-rebounding the Wolverines 31-26 (including 15 offensive rebounds). Chane Behanan and Gorgui Dieng were huge for the Cardinals in that respect. Behanan had 12 rebounds (seven offensive) and Dieng had eight boards (five offensive).

Wolverines big man Mitch McGary, who had been a monster in the NCAA tournament, finished with six points and six rebounds.

Louisville's surge to the national title was particularly special because they were playing for sophomore guard Kevin Ware, who broke his right leg in the Elite Eight against Duke in a truly heartbreaking moment. Ware cut down the net on Monday night in Atlanta.

Louisville won its third national title in school history on Monday. The Cardinals also won the national championship in 1980 and 1986.

This is coach Rick Pitino's second career national title. He won another title with Kentucky in 1996.