Ok, again, this is an old thread, but I was a Chi Phi - Squam. It is funny to hear the speculation regarding the fraternity.
The Mad magazine article was indeed the origin of the fraternity. There was no actual team, but the pledges needed to be able to recite the rules of that game from memory (all I remember at this point was the Pritz or ball was made out of untreated Ibex hide stuffed with blue jay feathers). Squamish is also a place in Canada. The frat had an official letter from them.
It was a really fun group of guys, and we did have a good relationship with alumni from both Chi Phi and Squamish. We had the best mixers with Gamma Phi, then ZTA. We had no problems with the other fraternities, and helped organize ROMP (Rutgers Only Major Party). That was a weekend where all fraternities were open to each other.
Read my other post for more history.
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