According to this kotaku article, the answer might be an unfortunate “yes.” You know what Dick Vitale would say to that.

“NCAA Basketball is not listed among key sports titles due for release in Electronic Arts’ coming fiscal year, fueling speculation that the poor-selling franchise has been discontinued.

I emailed EA Sports for comment; it hadn’t responded as of publication time. NCAA Basketball has long been rumored for the chopping block, with poor sales only part of the picture. The title draws nowhere near the kind of post-release support of other EA Sports retail releases.”