WSU's appearance in ncaa tourney worth $1.9 million to the Valley spread over 6 years

[shox1989]

Forbes has a good article breaking down just how much money playing in the ncaa tournament is worth. Just for playing one game a team will generate $1.9 million spread over the next six years for their conference. That is $190,000 for each Valley member or an average of $31,667 per year.

Our appearance generated this average $31,667 a year for us. Cu's win will now generate an average of $63,333. per year for the next six years for WSU. If they continue to advance, each win will generate another $31,667 per year average for WSU.

The value for the first year is $258,502 ($25,850 per school) and by the sixth year it grows to $377,369 ($37,737 per school). Averaging it over the six years is $316,670 per year or $31,667 per school figure.

A final four appearance is worth $9.5 million (spread over 6 years).

The money is big in the big dance and that is the reason, I believe the BCS teams dont want to give the non-BCS schools more bids.

http://www.forbes.com/sites/chrissmith/2012/03/14/march-madness-a-trip-to-the-final-four-is-worth-9-5-million/

[shox1989]

Unfortunately the money generated by WSU and Cu this year will only help offset a drop in revenue because the Valley's good showing in 2006 is dropping off.

In 2010 each unit was worth $222,206 and the Valley earned 21 units (from the 2005-2010 ncaa appearances) worth $4,666,326.
In 2011 each unit was worth $239,634 and the Valley earned 18 units (from the 2006-2011 ncaa appearances) worth $4,313,952
In 2012 each unit is estimated to be worth $258,502 and the Valley so far with WSU's appearance and Cu's win today has earned 13 units (from the 2007-2012 appearances) worth $3,360,526.

That means Wichita State's revenue from the conference ncaa appearances has gone from $466,632 in 2010 down to $431,395 in 2011 and will go down to $336,052 in 2012. Each additional Creighton win will add another $25,580 to that 2012 total. Helping to blunt what is going to be a big drop in revenue. Each additional Cu win will also help us out for the next six years.

[shox1989]

If you read the link in the Forbe's article to the detailed ncaa distribution plan you will see that when a team leaves a conference (like Missouri) that their units of revenue stay in the old conference. So when Missouri moves to the SEC next year, the $1.9 million they generated by playing in the 2012 ncaa tournament stays with the big 12.

It makes you wonder if Missouri was giving Ku and the rest of the big 12 a little going away knife by losing today. A win would have generated at least another $1.9 million for the big 12 ($190,000 for ku). Maybe Mu didn't want to that. :suspicion: just sayin.

[WillieJeffJeffries]

If you read the link in the Forbe's article to the detailed ncaa distribution plan you will see that when a team leaves a conference (like Missouri) that their units of revenue stay in the old conference. So when Missouri moves to the SEC next year, the $1.9 million they generated by playing in the 2012 ncaa tournament stays with the big 12.

It makes you wonder if Missouri was giving Ku and the rest of the big 12 a little going away knife by losing today. A win would have generated at least another $1.9 million for the big 12 ($190,000 for ku). Maybe Mu didn't want to that. :suspicion: just sayin.

Ahhh a big no on that one.......As far as the money tree, then its a never ending pipeline. WSU is still getting cash from NIU's S16 run a few years back. Has the Valley been just a one bid league since 06

[SubGod22]

Each share is divided by 11, not 10. The team that earned that money gets two shares and the others get one. That would generate just under 29k per share. Wichita would get 58k per year from their game while the others would get the 29k.

[tshox]

Each share is divided by 11, not 10. The team that earned that money gets two shares and the others get one. That would generate just under 29k per share. Wichita would get 58k per year from their game while the others would get the 29k.

Sub--Are you sure the MVC office does not get a share ?

[shocker2012]

Sub--Are you sure the MVC office does not get a share ?

Sorry your questtion wasnt directed at me but im about 96% sure that they do.

[SubGod22]

Maybe it's divided by 12 then. I do know that the playing team gets two shares and all the others get one. Whatever the MVC office sends out to the schools is 11 shares with two to the playing team. I do know that.

[shox1989]

I haven't found any information that says exactly how the MVC divides the Basketball distribution money but the ncaa rules "suggest that it be divided equally amongst its members".

The conference gets money from separate ncaa funds, so no the conference would NOT keep any of this money. Also the teams that participate get their expenses paid out of a separate ncaa fund as well so their really isn't a reason to give the participating team an extra share (to cover extra expenses anyway). But the conference is allowed to divide the money anyway they want to amongst its members, the equal distribution is only a suggestion.

“The basketball fund provides for moneys to be distributed to Division I conferences based on their performance in the Division I Men’s Basketball Championship over a six-year rolling period.” For each March Madness game that a school participates in, except for the Championship game, the school’s respective conference earns a “unit.” Each unit is worth a designated dollar amount. According to the NCAA’s website, in 2010-11, each unit earned was worth approximately $239,664.00. Thus, the further a conference’s teams go into March, the more money that a conference can earn from the NCAA’s revenue distribution system. The NCAA suggests that conferences divide the payout they receive from the Basketball Distribution Fund equally amongst their member institutions.

[SubGod22]

I haven't looked it up in a long time, but the participating team does get rewarded with an extra share. This was discussed on here a lot back in '06

[jliehr]

I posted this over at Bear Nation

Not sure where the idea came from earlier that teams get a double share from the NCAA pool if they make it, straight from the MVC bylaws.

Conference institutions which participate in the NCAA Tournament shall be entitled to 50% of a "unit share" of the NCAA's "basketball pool" distribution for travel to each tournament site, regardless of whether the team plays one or two games at that site in the year of participation. After this portion of the unit share is deducted for the participating team, the remainder of the NCAA's "basketball pool" distribution for that year shall be divided equally among all Conference member institutions. (A "unit share" shall be defined each year as the amount equal to the total NCAA "basketball pool" payout to the Missouri Valley Conference in that given year, divided by the total number of "participation units" the Missouri Valley Conference has earned over the previous six (6)-year period. A participation unit is earned for each game in which a Conference member institution has competed in the NCAA Tournament over the six (6)-year period.)

So in other words both CU and WSU will get an extra 1/2 of a unit because they each played in 1 site.

MVC gets an estimated $258,502 per unit, by 13 units or $3,360,526 total.

That means
WSU gets $129,251 for travel
CU gets $129,251 for travel

The remaining $3,102,024 gets divided equally so each school gets $310,202.40, and CU and WSU get $439.453.40 each

Now last year there were 18 shares at $239,664 for a total of $4,313,952

ISU got 1/2 of a share or $119,832 for travel expenses and the remaining $4,194,120 was split 10 ways with each of the 9 non-bid schools getting $419,412 and Indiana State getting $539,244.

So in other words the average school will get $109K less this year than last, Indiana State gets $229K less and CU and WSU get $20K more than last year.

[pogo]

Well that will probably put an end to the extravagant spending at uni and evensville. ho ho ho just a little more coal in your Christmas stocking

[shocker3]

I posted this over at Bear Nation

Not sure where the idea came from earlier that teams get a double share from the NCAA pool if they make it, straight from the MVC bylaws.

Conference institutions which participate in the NCAA Tournament shall be entitled to 50% of a "unit share" of the NCAA's "basketball pool" distribution for travel to each tournament site, regardless of whether the team plays one or two games at that site in the year of participation. After this portion of the unit share is deducted for the participating team, the remainder of the NCAA's "basketball pool" distribution for that year shall be divided equally among all Conference member institutions. (A "unit share" shall be defined each year as the amount equal to the total NCAA "basketball pool" payout to the Missouri Valley Conference in that given year, divided by the total number of "participation units" the Missouri Valley Conference has earned over the previous six (6)-year period. A participation unit is earned for each game in which a Conference member institution has competed in the NCAA Tournament over the six (6)-year period.)

So in other words both CU and WSU will get an extra 1/2 of a unit because they each played in 1 site.

MVC gets an estimated $258,502 per unit, by 13 units or $3,360,526 total.

That means
WSU gets $129,251 for travel
CU gets $129,251 for travel

The remaining $3,102,024 gets divided equally so each school gets $310,202.40, and CU and WSU get $439.453.40 each

Now last year there were 18 shares at $239,664 for a total of $4,313,952

ISU got 1/2 of a share or $119,832 for travel expenses and the remaining $4,194,120 was split 10 ways with each of the 9 non-bid schools getting $419,412 and Indiana State getting $539,244.

So in other words the average school will get $109K less this year than last, Indiana State gets $229K less and CU and WSU get $20K more than last year.

The double share idea probably came about because in 2006 the Shocks played at two tournament sites (Greensboro and Washington, DC) which means in 2006 WSU would have received a double share that year (two 50% shares).

[Ricardo del Rio]

The last sentence in the Wiki information is most surprising. I would never have given the NCAA credit for this apparent generosity. There must be a catch.

From Wiki:

The CBS broadcast provides the NCAA with over 500 million dollars annually, and makes up over 90% of the NCAA's annual revenue.^[21] The revenues from the multi-billion-dollar television contract are divided among the Division I basketball playing schools and conferences as follows:^[22]

• 1/6 of the money goes directly to the schools based on how many sports they play (one "share" for each sport starting with 14, which is the minimum needed for Division I membership).
• 1/3 of the money goes directly to the schools based on how many scholarships they give out (one share for each of the first 50, two for each of the next 50, ten for each of the next 50, and 20 for each scholarship above 150).
• 1/2 of the money goes to the conferences based on how well they did in the six previous men's basketball tournaments (counting each year separately, one share for each team getting in, and one share for each win except in the Final Four and, prior to the 2008 tournament, the Play-in game). In 2007, based on the 2001 through 2006 tournaments, the Big East received over $14.85 million, while the eight conferences that did not win a first-round game in those six years received slightly more than $1 million each.^[23]

The Division I Men's Basketball tournament is the only NCAA championship tournament where the NCAA does not keep the profits.

[C0|dB|00ded]

Ya wanna know what WSU's one-and-done was worth to me? Jack diddly doo.


T


...:cool: