Other Sports NCAA Tournament Teams $$

Wilson8 · 03-23-2009, 05:56 PM

While watching the NCAA Tournament games this past weekend with a group of friends, the question came up about how the NCAA paid out to participating teams and their conferences. I tried to look this up and this was what I found...

CBS is paying the NCAA $6.1 billion over 11 years to broadcast the tournament. CBS then sells advertising on television. The 64/65-team field includes six rounds of tournament games in which CBS earns roughly $100,000 for a 30-second spot of advertising in round one and more than $1 million per spot in the finals.

The money from the multi-billion-dollar television contract is divided among the Division I basketball playing schools and conferences as follows:

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 Play-in game and the Final Four). 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.
http://en.wikipedia.org/wiki/NCAA_Me...l_Championship

In 2007-08, each unit was worth $206,020. A school that goes to the finals earns five credits that year, worth just over $1 million, which is then divided among the universities in the conference. http://online.wsj.com/article_email/...TYxNDE2Wj.html

So according to this information, the Big 12 Conference only earned a little over $1MM for KU's national championship? To make this worse, that 1 million is divided out with the 12 teams from the conference and not even distributed until the 5 year formula is worked out. I thought the payout was much higher. Somewhere I heard or read that each win was worth over $750,000 in the tournament.

Anybody have any additional information on this?

03-23-2009, 05:56 PM	Topic Starter
Wilson8 Veteran Join Date: Mar 2002 Location: Kansas City Casino cash: $3587557	NCAA Tournament Teams $$ While watching the NCAA Tournament games this past weekend with a group of friends, the question came up about how the NCAA paid out to participating teams and their conferences. I tried to look this up and this was what I found... CBS is paying the NCAA $6.1 billion over 11 years to broadcast the tournament. CBS then sells advertising on television. The 64/65-team field includes six rounds of tournament games in which CBS earns roughly $100,000 for a 30-second spot of advertising in round one and more than $1 million per spot in the finals. The money from the multi-billion-dollar television contract is divided among the Division I basketball playing schools and conferences as follows: 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 Play-in game and the Final Four). 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. http://en.wikipedia.org/wiki/NCAA_Me...l_Championship In 2007-08, each unit was worth $206,020. A school that goes to the finals earns five credits that year, worth just over $1 million, which is then divided among the universities in the conference. http://online.wsj.com/article_email/...TYxNDE2Wj.html So according to this information, the Big 12 Conference only earned a little over $1MM for KU's national championship? To make this worse, that 1 million is divided out with the 12 teams from the conference and not even distributed until the 5 year formula is worked out. I thought the payout was much higher. Somewhere I heard or read that each win was worth over $750,000 in the tournament. Anybody have any additional information on this?
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