orangefan
Heisman
Posts: 5,223
Joined: Mar 2007
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I Root For: Syracuse
Location: New England
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RE: NCAA Tournament Shares earned in 2014
(04-01-2014 10:08 AM)dopeordogfood Wrote: (04-01-2014 09:56 AM)orangefan Wrote: The presentation in this article is highly confusing. I think what they are presenting is a 2014 total that has the rolling 6 year total, a 2015 with the rolling 5 year total already earned, for 2016 - a 4 year total, for 2017 - a 3 year total, for 2018 - a 2 year total, and for 2019 - a one year total. Then they sum these six numbers. Basically, it presents the remaining future value of the credits earned going into this year's tournament.
Syracuse, for instance, earned 0 credits in 2008, 3 in 2009, 3 in 2010, 2 in 2011, 4 in 2012 and 5 in 2013. For 2014, they contribute 17 units to the AAC (0+3+3+2+4+5), for 2015 - 17 (3+3+2+4+5), 2016 - 14 (3+2+4+5), 2017 - 11 (2+4+5), 2018 - 9 (4+5) and 2019 - 5. Then totalling the annual totals = 17+17+14+11+9+5=73. 73 times the value per unit gives you the value that Syracuse left with the AAC, probably something north of $20 million.
That makes sense. That publication usually produces an article about this around this time of the year before the Final Four. I'll look for it. Thanks for the explanation
It just occurred to me that Syracuse and Louisville are therefore paying the AAC over $30 million each to exit. Good support for the ACC's argument about the reasonableness of the Maryland exit fee.
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04-01-2014 02:34 PM |
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