Michigan coach John Beilein left many observers wondering what he was doing at the end of the game by failing to order quicker fouls. (Photo: Bob Donnan, USA TODAY Sports) ATLANTA — Michigan coach John Beilein admitted he didn't realize how many fouls his team had committed in the final minute of Monday's 82-76 national championship loss to Louisville, a major error that affected the Wolverines' strategy down the stretch. "I thought we were in the 1-and-1," Beilein said. "That falls on me." WOLVERINES FALL SHORT: Louisville beats Michigan 82-76 for title FAB FIVE: Jalen Rose says 'we're a family' after reunion with Chris Webber With Michigan trailing 78-74, it appeared the Wolverines got a key stop with 52 seconds left when Peyton Siva missed a runner. But Michigan freshman Caris LeVert stepped on the baseline while securing the rebound, turning the ball back over to Louisville and seemingly forcing an immediate foul situation — especially with Michigan only having five team fouls. Instead, Michigan tried to play defense and force a turnover, wasting 13 precious seconds before center Gorgui Dieng got fouled. To Beilein's surprise, however, that was only the Wolverines' sixth team foul. By the time they committed the seventh and put Louisville at the foul line, just 29 seconds remained. Luke Hancock made both foul shots, extending the lead to 80-74. Wasting those 23 seconds proved to be crucial, as Michigan got back within 80-76 but had only 14 seconds left to come back. Siva's free throws with 12 seconds left iced the game. PHOTOS: Michigan latest to experience March sadness at tourney Story Highlights
Michigan's John Beilein explains his coaching gaffe
Michigan Wolverines guard Caris LeVert sits in the locker room with teammates after losing to the Louisville Cardinals in the championship game at the Georgia Dome. Bob Donnan, USA TODAY Sports
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Trey Burke walks off the court as the Louisville Cardinals celebrate their national championship victory at the Georgia Dome. Daniel Shirey, USA TODAY Sports
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Michigan Wolverines forward Mitch McGary, left , guard Nik Stauskas, center, and guard Tim Hardaway Jr. react in the closing seconds of the second half of the championship game at the Georgia Dome. Robert Deutsch, USA TODAY Sports
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Louisville Cardinals forward Chane Behanan hugs Michigan Wolverines guard Trey Burke after the Louisville Cardinals won the championship game at the Georgia Dome. Bob Donnan, USA TODAY Sports
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Wichita State players console each other following its Final Four loss. Bob Donnan, USA TODAY Sports
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Syracuse Orange guard Brandon Triche, left, and forward James Southerland reach to help Michael Carter-Williams late in a semifinals loss to Michigan at the Georgia Dome. Daniel Shirey, USA TODAY Sports
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Wichita State Shockers guard Fred VanVleet and guard Malcolm Armstead hug after losing as Louisville Cardinals guard/forward Luke Hancock and forward Stephan Van Treese celebrate. Bob Donnan, USA TODAY Sports
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The Wichita State Shockers bench and fans react against the Louisville Cardinals in the second half of the semifinals during the Final Four at the Georgia Dome. Richard Mackson, USA TODAY Sports
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Duke guard Seth Curry sits at his locker following the Blue Devils' loss to Louisville in the Elite 8 at Lucas Oil Stadium. Streeter Lecka, Getty Images
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Duke Blue Devils forward Ryan Kelly wipes his face and reacts on the court in the second half during the finals of the Midwest regional against the Louisville Cardinals at Lucas Oil Stadium. Brian Spurlock, USA TODAY Sports
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Florida Gators head coach Billy Donovan reacts in the second half against the Michigan Wolverines during the South regional final at Cowboys Stadium. Matthew Emmons, USA TODAY Sports
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Florida Gators fan in all orange reacts against the Michigan Wolverines during the South regional final of the 2013 NCAA Tournament at Cowboys Stadium. Matthew Emmons, USA TODAY Sports
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Florida Gulf Coast Eagles forward Filip Cvjeticanin (15) and guard Brett Comer (0) help teammate guard Sherwood Brown (25) up from the court at the end of the semifinals game against the Florida Gators in the South regional of the 2013 NCAA tournament at Cowboys Stadium. Florida defeated Florida Gulf Coast 62-50. Kevin Jairaj, USA TODAY Sports
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Ohio State guard Shannon Scott leaves the court after the Buckeyes lost to Wichita State in the West Regional final at Staples Center in Los Angeles. Richard Mackson, USA TODAY Sports
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Ohio State players look on from the bench during the final moments of their 70-66 loss to Wichita State in the West Regional final in Los Angeles. Jayne Kamin-Oncea, USA TODAY Sports
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Marquette look on during the closing moments of their 55-39 loss to Syracuse in the East Regional final at the Verizon Center in Washington, D.C. Geoff Burke, USA TODAY Sports
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Florida Gulf Coast Eagles guard Sherwood Brown reacts after losing to the Florida Gators 62-50 in the semifinals of the South regional at Cowboys Stadium. Matthew Emmons, USA TODAY Sports
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Michigan State Spartans players Derrick Nix and Adreian Payne react in the second half during the semifinals of the Midwest regional of the 2013 NCAA tournament against the Duke Blue Devils at Lucas Oil Stadium. Brian Spurlock, USA TODAY Sports
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Oregon Ducks center Waverly Austin, left, and center Tony Woods react in the second half during the semifinals of the Midwest regional against the Louisville Cardinals at Lucas Oil Stadium. Jamie Rhodes, USA TODAY Sports
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Kansas Jayhawks guard Elijah Johnson is consoled after losing in overtime to the Michigan Wolverines. Eric Prisbell, USA TODAY Sports
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La Salle Explorers guard Ramon Galloway (55) reacts after losing to Wichita State Shockers during the semifinals of the West regional of the 2013 NCAA tournament at the Staples Center. Wichita State beat La Salle 72-58. Richard Mackson, USA TODAY Sports
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Indiana Hoosiers forward Jeremy Hollowell (left) and guard Remy Abell (23) react on the bench in the second half against the Syracuse Orange during the semifinals of the East regional of the 2013 NCAA tournament at the Verizon Center. Syracuse defeated Indiana 61-50. Geoff Burke, USA TODAY Sports
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The Miami Hurricanes bench react during the second half of the semifinals of the East regional of the 2013 NCAA Tournament against the Marquette Golden Eagles at the Verizon Center. Bob Donnan, USA TODAY Sports
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Arizona Wildcats forward Grant Jerrett (33, left) reacts after the semifinals of the West regional of the 2013 NCAA tournament against the Ohio State Buckeyes at the Staples Center. Ohio State defeated Arizona 73-70. Robert Hanashiro, USA TODAY Sports
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Creighton Bluejays guard Jahenns Manigat pulls his jersey over his head after loosing to the Duke Blue Devils 66-50. Howard Smith, USA TODAY Sports
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Brandon Paul of the Illinois Fighting Illini reacts after their 63 to 59 loss to the Miami Hurricanes during the third round of the 2013 NCAA Men's Basketball Tournament at The Frank Erwin Center on March 24, 2013 in Austin, Texas. Ronald Martinez, Getty Images
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San Diego State Aztecs guard James Rahon walks off the court after the game against the Florida Gulf Coast Eagles in the third round. Florida Gulf Coast defeated San Diego State 81-71. Howard Smith, USA TODAY Sports
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Chase Tapley of the San Diego State Aztecs looks on in the second half while taking on the Florida Gulf Coast Eagles in the third round. FGCU won 81-71 Rob Carr, Getty Images