(03-30-2021 08:58 AM)Once a Knight... Wrote: (03-30-2021 08:36 AM)Stickboy46 Wrote: (03-30-2021 07:58 AM)Once a Knight... Wrote: Can somebody explain exactly how these credits/payouts work both for the team in the tournament and for the conference at large. I've always heard about this stuff but never understood really how it worked. Thanks!
Each game played by a team gives the conference a payout. Those are paid out ~250-k - 300k a year for 6 years (amount changes each year). So each game is worth 1.5-1.8 million. The conference then decides how to split out the pay. I believe the AAC does an equal split.
This year credits so far are:
Wichita: 1 Credit
Houston: 5 Credits
Oh I see, so we are still receiving payouts from 2015 and every yr since then? That's pretty cool and didn't realize it was such a sizeable amount of money. Probably helps out these non-football conferences that rely on these credits that have little to no TV contracts.
You have inadvertently shown why the CFP is a bubble that will pop.
What you just realized is why so many more schools play division 1 basketball than FBS or division 1 football. It is far more profitable to be a basketball school than a football school. It's the difference between playing the lotto and playing Texas hold 'em in trying to make money.
Because football only has six or seven home games and basketball may have 20 the difference in attendance is negligible, in pure ratings of eyes on tv it's not much different, in access the difference has always been huge in basketball's favor. Considering what the NCAA tournament pays out compared to bowls (which have now been hoarded to a handful of teams) and you need only one good player in basketball to turn a program around, it starts getting to the point where you wonder why anyone besides Alabama and Texas try to even play football. Basketball is cheaper, its return is higher, turn around happen fast and during down times it drags less on the budget (also why women's basketball continues to thrive and nearly every school has one) and in good times the pay off is crazy.
Even the return on alum donations, freshman application, and the quality of the student applicant is about equal with first round, second round, final four run to a low level bowl, a name bowl, and a NY6.
The problem is Joe Q Public like you have no idea of the underlying economics. You see big stadiums, big games, and the ESPN hype machine of game day because essentially all the games happen on one day, versus the marathons.of short sprints that is the college season. Bowl seasons length also helps hide this since it goes roughly the same length of time as the Dance but has 60% of the games, with ESPN desperate to hype everyone of them since they own them. So if you don't ever actually look what's going on and the underlying costs of football, it seems like football is the golden ticket. In reality for its level playing field and foundational differences in costs and returns basketball is where it is at.
Which again is why there are far more division 1 basketball schools than football.
