11-24-2003, 11:33 AM
It's all about the money .....
Conference USA revenues reportedly more than $60 million
Daily Mail sportswriter
Marshall Athletic Director Bob "Kayo" Marcum couldn't confirm the Conference USA revenue figures.
At least, not exactly.
But Marcum did say that monetary figures reported by the Orlando Sentinel recently "sounds reasonable."
According to the Orlando newspaper, Central Florida officials received a letter from C-USA Commissioner Britton Banowsky detailing the league's television and NCAA Tournament revenues.
The revenues reportedly are scheduled to be in excess of $60 million from 2005-06 through 2009-10. That money will be split between Conference USA's 12 members, which will include Marshall when the Herd joins the league for all sports in 2005.
"I can't confirm the letter," said Marcum.
"I haven't seen that letter. I didn't receive that type of letter. But all those numbers sound right."
The breakdown of the $60 million, includes $40 million from television and $20 million from the NCAA Tournament and Conference USA's agreement with departing members Louisville, Cincinnati, South Florida, Marquette and DePaul.
The agreement reportedly is that C-USA will keep the NCAA Tournament revenue to cover any television losses.
League members expect to reap between $500,000 and $1 million per year in revenue-sharing from Conference USA.
"The revenue-sharing sounds in the ballpark," said Marcum. "Of course, that number can certainly change based on success."
According to the letter from Banowsky, C-USA is scheduled to receive $47.5 million for football and $22.1 million in basketball through 2008-09.
"We already had most of those figures in place," said Marcum. "All those numbers jive with what we've been told."
Conference USA also said it loses $1.5 million each year that it does not hold a conference championship football game.
That's why C-USA recently added Marshall, UCF, Tulsa, SMU and Rice to existing members Memphis, East Carolina, Southern Miss, Alabama-Birmingham, Houston, Texas Christian and Tulane to give the league 12 schools by 2005.
Conference USA revenues reportedly more than $60 million
Daily Mail sportswriter
Marshall Athletic Director Bob "Kayo" Marcum couldn't confirm the Conference USA revenue figures.
At least, not exactly.
But Marcum did say that monetary figures reported by the Orlando Sentinel recently "sounds reasonable."
According to the Orlando newspaper, Central Florida officials received a letter from C-USA Commissioner Britton Banowsky detailing the league's television and NCAA Tournament revenues.
The revenues reportedly are scheduled to be in excess of $60 million from 2005-06 through 2009-10. That money will be split between Conference USA's 12 members, which will include Marshall when the Herd joins the league for all sports in 2005.
"I can't confirm the letter," said Marcum.
"I haven't seen that letter. I didn't receive that type of letter. But all those numbers sound right."
The breakdown of the $60 million, includes $40 million from television and $20 million from the NCAA Tournament and Conference USA's agreement with departing members Louisville, Cincinnati, South Florida, Marquette and DePaul.
The agreement reportedly is that C-USA will keep the NCAA Tournament revenue to cover any television losses.
League members expect to reap between $500,000 and $1 million per year in revenue-sharing from Conference USA.
"The revenue-sharing sounds in the ballpark," said Marcum. "Of course, that number can certainly change based on success."
According to the letter from Banowsky, C-USA is scheduled to receive $47.5 million for football and $22.1 million in basketball through 2008-09.
"We already had most of those figures in place," said Marcum. "All those numbers jive with what we've been told."
Conference USA also said it loses $1.5 million each year that it does not hold a conference championship football game.
That's why C-USA recently added Marshall, UCF, Tulsa, SMU and Rice to existing members Memphis, East Carolina, Southern Miss, Alabama-Birmingham, Houston, Texas Christian and Tulane to give the league 12 schools by 2005.