Sophomore forward Terrence Williams led the Cardinals with 15 points, despite playing just 24 minutes because of foul trouble. Osvaldo Jeanty and Aaron Doornekamp -- two of three Carleton players who are members of the Canadian national team -- paced the Ravens with 20 and 19 points, respectively.
"I just went for the offensive rebound and used my strength," said Palacios, who added a team-high nine rebounds. "I knew I had to get that rebound. I just went up strong and knew I had to get it up quickly because I didn't know how much time was left on the clock. Fortunately it went in."
Sophomore point guard Andre McGee, who scored 13 points and added three assists, had missed a short jumper before Palacios' big shot.
"I tried to keep my turnovers down tonight," said McGee. "I tried to find people within our offense and I though I did a pretty good job at that. They had some knock down shooters and they made us work hard."
The Ravens had taken a 66-65 lead with 1:10 remaining on a pair of free throws by Ryan Bell. Perrin Johnson blocked a Jeanty driving attempt and Doornekamp missed a hurried shot with 22 seconds remaining before the Cardinals worked the clock down on their final possession.
Williams led the Cards with 15 points.
"It was a hard fought game," said Williams. "Last year we struggled on the road and this was a good victory in a tough environment against an experienced team. We've only been together 10 days. Our freshmen played well and Tello (Palacios) made a big shot."
"We were much better than I had anticipated," said U of L Coach Rick Pitino. "When I saw a sellout crowd, a four-time national championship team, and a veteran team facing our young group, I was just hoping to come close and help our confidence. I wasn't expecting a victory, but I was hoping for one.
"We knew this was the wrong lineup size-wise to play against them, but we didn't care. In our ten days of practice, our big lineup had worked the hardest and played the best. Although it wasn't the best for us to match up with their three-point shooters, it was the best as far as our goals and what we are trying to achieve."
The Cardinals held a 28-2 bench scoring advantage with non-starters Edgar Sosa (9 points), Jerry Smith (8 points), Johnson (6 points, five rebounds, three blocked shots) and Will Scott (5 points) each making significant contributions.
Carleton has won the last four straight Canadian Interuniversity Sport national championships. Over the last seven years, the Ravens have a 163-19 record and won a Ontario University Athletics/CIS record 87 straight regular and post-season games over between 2002 and 2006. Carleton has won the OUA East regular season title six straight years and three of its current players are members of the Canadian national team.
U of L will play its second game of this Canadian venture at the University of Ottawa on Sunday (Sept. 3) at 1 p.m. in a game that will air live on 84WHAS radio (840 AM). The Ottawa Gee-Gees posted an 18-4 record last season.
The Cardinals will closed its Canadian trip with a game against Laurentian University on Monday (Sept. 4) at 11 a.m., a game that will be played at Carleton (WKRD, 790 AM).