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

[SHOXAAC]

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


T


...:cool:

I'm sure your feelings of generosity will fit very high during the handing out of the revenue.

[C0|dB|00ded]

I'm sure your feelings of generosity will fit very high during the handing out of the revenue.

The good will obtained from a nice tournament run would benefit this university a lot more than the scraps left over after the NCAA check gets deposited in the "MVC Welfare Fund".


T


...:cool:

[shox1989]

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.

Thanks for that post. There is a lot of interesting stuff in there. We have been concentrating on the half of the money that gets distributed for playing and winning in the big dance. The other half is also interesting.

First, the ncaa basketball money helps fund other sports. The more sports you have the more of the 1/6 of the fund you get.

Second, ncaa basketball money helps fund scholarships for the other sports. 1/3 of the fund goes towards this. So in reality, ncaa basketball money is helping to fund the 85 football scholarships at schools that have football. I find that very interesting. The more athletic scholarships you give out the more money you get (football is the lion share of scholarships). And those scholarships over 150 get 20 times the share of the first 50. It is almost like they are meaning for this fund to really help out the football schools.

I find this subsidizing of football by basketball to be very fascinating. It might help to explain how schools like Indiana St. can afford football at all.