Hello There, Guest! (LoginRegister)

Post Reply 
March Madness Moolah
Author Message
Bookmark and Share
green Offline
All American
*

Posts: 3,034
Joined: May 2014
Reputation: 103
I Root For: Miami
Location:
Post: #1
March Madness Moolah
[Image: C6w3zxdWkAAkTSR.jpg]

http://www.mercurynews.com/2017/03/13/ho...are-spent/

The 2017 tournament is expected to generate the following payouts, which total $211 million:

*** Each conference will receive roughly $1.6 million, regardless of the number of participants or games played.

*** Each game played, which the NCAA defines as a unit, is worth $264,859 to the participating team’s conference. (There is no additional payment for winning the championship game.)

If UCLA were to reach the Elite Eight, for example, the Bruins would generate four units for the Pac-12 — or $1,059,436.

But that’s not a one-time windfall. The units earned for each conference are tallied up and distributed over a rolling, six-year basis.

So UCLA’s hypothetical $1.059 million earned this month would be sent to the Pac-12 every year for six years — along with the dollar-value of the units earned by all the conference’s other participants.

In other words, it pays to have a high number of teams in the tournament and to have a few of them make deep runs.
-- jon wilner

SERIOUS CASE OF THE RUNS
(This post was last modified: 03-13-2017 01:26 PM by green.)
03-13-2017 01:19 PM
Find all posts by this user Quote this message in a reply

Schema Offline
Bench Warmer
*

Posts: 144
Joined: Mar 2013
Reputation: 12
I Root For: Clemson
Location: Easley, SC
Post: #2
RE: March Madness Moolah
$264,859 seems to be lower this year. I thought last year's tournament was $265,791 per unit.
03-13-2017 03:17 PM
Find all posts by this user Quote this message in a reply
Hokie Mark Offline
Hall of Famer
*

Posts: 13,269
Joined: Sep 2011
Reputation: 500
I Root For: VT, ACC teams
Location: Upstate SC
Post: #3
RE: March Madness Moolah
Each and every ACC team just got almost $1 million over the next 6 years just by virtue of getting 9 teams into the tournament. Should they proceed to win a combination of 18 more games or so, that would be an extra $3 million per team (about $500K per year). That's probably what the final number will look like. Of course, last year was very similar, so add them together for the next 5 years...

Essentially, the ACC can make up the difference between the Orange Bowl and Sugar Bowl payouts by continuing to win in basketball.
03-13-2017 03:46 PM
Visit this user's website Find all posts by this user Quote this message in a reply
Schema Offline
Bench Warmer
*

Posts: 144
Joined: Mar 2013
Reputation: 12
I Root For: Clemson
Location: Easley, SC
Post: #4
RE: March Madness Moolah
I'm trying to use past articles from Chris Smith at Forbes to come up with the recent payouts per unit. There seems to be contradictions in some of these articles, so I'm focusing mainly on where he lists the previous years payouts because that is probably more accurate than where he predicts the current and following year's payouts. However, in the most recent article, he doesn't mention last year's payout (2015-16), so I'm going with what he listed in the March 17, 2016 article. Also, I can't figure out 2014-15 payout based on these articles. I'm guessing it is in the $255,000 area, but the March 20, 2015 article seems to be off a little.

Here is what I've come up with.

2010-11 $239,664
2011-12 $242,204
2012-13 $245,500
2013-14 $250,100
2014-15 ??
2015-16 $260,800
2016-17 $264,869

https://www.forbes.com/sites/chrissmith/...88f12b215a
https://www.forbes.com/sites/chrissmith/...03c2853e2f
https://www.forbes.com/sites/chrissmith/...00ba7632b0
https://www.forbes.com/sites/chrissmith/...33a7d86226
https://www.forbes.com/sites/chrissmith/...6f8f0c5b1f
https://www.forbes.com/sites/chrissmith/...3d4ba6331e
03-16-2017 11:00 PM
Find all posts by this user Quote this message in a reply

Schema Offline
Bench Warmer
*

Posts: 144
Joined: Mar 2013
Reputation: 12
I Root For: Clemson
Location: Easley, SC
Post: #5
RE: March Madness Moolah
This link has 2014-15 as $255,379.

https://www.bloomberg.com/graphics/2015-...d/1160.mp4

Plus, here are a few more helpful articles.

https://www.ncaa.org/sites/default/files...n_Plan.pdf
https://www.ncaa.org/sites/default/files...20Plan.pdf

Based on this, here is my updated list.

2010-11 $239,664
2011-12 $242,200
2012-13 $245,500
2013-14 $250,100
2014-15 $255,379
2015-16 $260,800
2016-17 $264,869
03-16-2017 11:37 PM
Find all posts by this user Quote this message in a reply
Lenvillecards Offline
Heisman
*

Posts: 5,396
Joined: Nov 2013
Reputation: 300
I Root For: Louisville
Location:
Post: #6
March Madness Moolah
18 credits x $255,379 (5 year medium) would net each ACC team about $1.5 million per year over 5 years.

The NCAA is paying out around $35.5 million in credits this year using the higher number. How much are they making on the tv contract?
(This post was last modified: 03-17-2017 08:52 AM by Lenvillecards.)
03-17-2017 08:43 AM
Find all posts by this user Quote this message in a reply
orangefan Offline
All American
*

Posts: 3,757
Joined: Mar 2007
Reputation: 153
I Root For: Syracuse
Location: New England
Post: #7
RE: March Madness Moolah
I haven't heard much talk about it, but with the recent $8.8 billion eight year extension to the NCAA tournament TV deal with CBS and Turner, the NCAA is making some revisions to its revenue distribution formula. It will be decreasing the emphasis on the Basketball Fund and adding a new academic distribution based upon meeting graduation rate and APR targets. http://www.ncaa.org/about/resources/medi...-academics

[Image: Di_Distribution_1.png]

From the chart I calculate future per unit revenues from the Basketball Fund to be as follows:

2018 $273,000
2019 $280,000
2020 $213,000
2021 $216,000
2022 $218,000
2023 $220,000
2024 $225,000
2025 $231,000
2026 $237,000
2027 $231,000
2028 $244,000
2029 $256,000
2030 $264,000

Despite the reduction to the Basketball Fund, which the P5 conference earn the lion's share of, I am quite confident that the P5 conferences have done the math and believe that they will benefit under the new arrangement.
03-17-2017 12:53 PM
Find all posts by this user Quote this message in a reply

orangefan Offline
All American
*

Posts: 3,757
Joined: Mar 2007
Reputation: 153
I Root For: Syracuse
Location: New England
Post: #8
RE: March Madness Moolah
(03-17-2017 08:43 AM)Lenvillecards Wrote:  18 credits x $255,379 (5 year medium) would net each ACC team about $1.5 million per year over 5 years.

The NCAA is paying out around $35.5 million in credits this year using the higher number. How much are they making on the tv contract?

The current contract is $770 million/year. The Basketball Fund for this year is $210 million, but the NCAA distributes money on a number of other bases, including the Sports Sponsorship Fund and the Grant-in-Aid Fund. http://www.ncaa.org/about/resources/fina...tributions

They also pay for all travel expenses for teams participating in NCAA championship events.
(This post was last modified: 03-17-2017 01:01 PM by orangefan.)
03-17-2017 12:55 PM
Find all posts by this user Quote this message in a reply
Hokie Mark Offline
Hall of Famer
*

Posts: 13,269
Joined: Sep 2011
Reputation: 500
I Root For: VT, ACC teams
Location: Upstate SC
Post: #9
MyBB RE: March Madness Moolah
According to Matt Sarzniak's blog, here are the NCAA units so far by conference:

ACC 15
B1G 12
Big XII 11
Big East 10
Pac-12 9
SEC 9
Atlantic 10 4
WCC 4
American 3
Big West 2
C-USA 2
MVC 2
NEC 2
03-18-2017 02:23 PM
Visit this user's website Find all posts by this user Quote this message in a reply
orangefan Offline
All American
*

Posts: 3,757
Joined: Mar 2007
Reputation: 153
I Root For: Syracuse
Location: New England
Post: #10
RE: March Madness Moolah
(03-18-2017 02:23 PM)Hokie Mark Wrote:  According to Matt Sarzniak's blog, here are the NCAA units so far by conference:

ACC 15
B1G 12
Big XII 11
Big East 10
Pac-12 9
SEC 9
Atlantic 10 4
WCC 4
American 3
Big West 2
C-USA 2
MVC 2
NEC 2

Matt's numbers are accurate. I will post a spreadsheet with the final numbers after next weekend, with a calculation of next year's payouts by conference from the Basketball Fund.
03-19-2017 02:40 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2017 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
Powered By MyBB, © 2002-2017 MyBB Group.