For example, when your alma mater loses to another co-worker's alma mater, you're gonna have to make good on a friendly wager.
In this case, we're specifically talking about the New York Knicks and former Marquette player Steve Novak and former Syracuse player Carmelo Anthony. From Melo's Instagram page:
Thanks for being such a good sport, Steve.
(H/T to @MarquetteU and @TinaCervasio)