Host Revenue Guarantee
An institution shall submit a host budget which is a financial guarantee to the NIVC. All rounds require a minimum guarantee for hosting and are detailed below. (Rounds 1 and 2 are combined on this form). The host school shall guarantee the NIVC a percentage of net game revenue, which varies according to net game revenue amount. If the host school does not meet its revenue budget, the host school still guarantees the NIVC the guaranteed amount on the budget form.
• If the host school exceeds $30,000 in net match revenue then the NIVC and host university split the revenue 55% (NIVC) and 45% (Host School).
• If the host school makes less than $30,000 in net match revenue then the NIVC and host university split the revenue 85% (NIVC) and 15% (Host School).
• No matter what the net revenue is, all host schools are guaranteed to pay the NIVC the original guaranteed amount on the game host budget form, at the minimum.
Minimum Guarantees by Round:
a. Round 1 & 2 Guarantee: $7,500 (Combined total for both rounds)
b. Round 3 Guarantee: $8,000
c. Round 4 Guarantee: $8,000
d. Semifinal Round Guarantee: $10,000
e. Championship Round Guarantee: $12,000
http://www.womensnivc.com/uploads/2/0/0/...ndbook.pdf
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Pay to play. If the department is in any kind of financial straits, probably not a great investment.