adcorbett
This F'n Guy
Posts: 14,325
Joined: Mar 2010
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I Root For: Louisville
Location: Cybertron
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RE: I know this is early, but what are the payouts for the conference
The money is paid to the conferences. There are several payouts:
Here is the most recent payout chart from 2011
Code:
Confrn AcadEnh Basketball Fd Conf Grant GrntNAid Spec Asst Sports Spnsr StudAthOppFund Supplemental Total
IssuDt 6/1/2011 4/15/2011 6/17/2011 8/12/2011 8/26/2011 7/29/2011 8/26/2011 1/24/2011 Total
ATL 10 $933,086 $5,751,936 $261,774 $2,906,675 $514,018 $2,667,128 $1,403,218 $941,733 $15,379,568
ACConf $799,788 $18,214,465 $261,774 $9,511,869 $596,405 $3,599,015 $3,279,715 $2,461,731 $38,724,762
BIGXII $799,788 $18,933,457 $261,774 $8,700,244 $552,011 $2,217,251 $2,285,734 $2,199,121 $35,949,380
BGEAST $1,066,384 $24,925,057 $261,774 $7,951,378 $729,804 $3,534,746 $2,876,274 $2,728,745 $44,074,162
BIGTEN $733,139 $18,454,129 $261,774 $11,713,716 $704,679 $4,081,029 $4,300,287 $2,442,615 $42,691,368
CUSAco $799,788 $6,950,256 $261,774 $6,989,555 $595,057 $1,446,030 $2,103,357 $1,299,676 $20,445,493
MtnWst $599,841 $5,032,944 $261,774 $5,993,449 $375,692 $2,056,580 $1,512,407 $870,111 $16,702,798
PAC-10 $666,490 $16,057,489 $261,774 $8,190,013 $648,652 $2,699,263 $3,037,052 $2,026,013 $33,586,746
SEConf $799,788 $15,578,161 $261,774 $8,866,912 $698,200 $2,538,594 $2,848,462 $2,079,162 $33,671,053
AmEast $599,841 $1,677,648 $261,774 $2,813,281 $337,973 $1,831,642 $1,166,305 $479,960 $9,168,424
ATC SUN $599,841 $1,437,984 $261,774 $428,954 $234,493 $1,092,557 $308,337 $189,665 $4,553,605
BIGSKY $599,841 $1,677,648 $261,774 $2,168,841 $370,739 $835,485 $751,624 $357,454 $7,023,406
BIGSTH $599,841 $1,677,648 $261,774 $1,526,972 $399,205 $1,156,825 $752,218 $318,260 $6,692,743
BIGWST $599,841 $1,917,312 $261,774 $1,711,353 $391,494 $1,735,240 $868,363 $429,720 $7,915,097
COLATH $799,788 $3,355,296 $261,774 $4,007,822 $442,196 $2,152,982 $1,544,762 $679,056 $13,243,676
HORIZN $666,490 $4,553,616 $261,774 $1,085,739 $296,645 $1,381,763 $622,780 $451,811 $9,320,618
INDPNT $533,192 $0000000 $0000000 $180,118 $168,382 $321,340 $126,881 $17,024 $1,346,937
IVYLgu $533,192 $1,917,312 $261,774 $0000000 $336,102 $4,595,173 $1,175,647 $457,795 $9,276,995
MAACnf $666,490 $1,917,312 $261,774 $373,525 $282,828 $1,831,641 $561,250 $329,565 $6,224,385
MDAMRN $799,788 $1,677,648 $261,774 $7,461,407 $631,220 $1,863,774 $2,327,252 $817,106 $15,839,969
MIDEST $799,788 $1,437,984 $261,774 $1,999,967 $600,994 $1,060,422 $767,290 $351,433 $7,279,652
MSSVLY $666,490 $5,032,944 $261,774 $2,357,411 $314,545 $931,886 $823,051 $605,313 $10,993,414
NRTHEST $733,139 $1,677,648 $261,774 $1,469,396 $428,648 $2,634,992 $1,038,556 $437,339 $8,681,492
OVConf $666,490 $1,917,312 $261,774 $2,291,674 $450,080 $996,155 $823,193 $379,982 $7,786,660
PTRIOT $533,192 $1,917,312 $261,774 $1,279,246 $231,645 $2,763,531 $1,024,283 $445,448 $8,456,431
SUTHRN $799,788 $2,156,976 $261,774 $2,216,178 $418,957 $1,735,238 $993,559 $449,413 $9,031,883
STHLND $799,788 $1,677,648 $261,774 $2,335,866 $536,273 $771,216 $776,602 $362,715 $7,521,882
SWNconf $666,490 $1,677,648 $261,774 $1,487,995 $684,958 $1,285,360 $770,369 $318,933 $7,153,527
SUNBLT $799,788 $2,396,640 $261,774 $5,236,979 $613,383 $1,317,494 $1,635,839 $663,939 $12,925,836
SUMMIT $666,490 $1,437,984 $261,774 $1,774,211 $303,415 $1,285,362 $734,840 $317,970 $6,782,046
WSTCST $533,192 $4,553,616 $261,774 $453,928 $262,764 $706,948 $566,195 $374,111 $7,712,528
WAConf $599,841 $2,875,968 $261,774 $4,533,653 $393,393 $1,028,288 $1,387,422 $718,125 $11,798,464
Spplml $897,092 $0000000 $0000000 $0000000 $0000000 $0000000 $0000000 $0000000 $897,092
TOTAL $23,357,805 $180,466,998 $8,114,994 $120,018,327 $14,544,850 $60,154,950 $45,193,124 $27,001,044 $478,852,092
Most of these payouts are based on the number of teams in your conference save for two:
Academic Enhancement Fund - Purpose: The fund enhances academic-support programs at Division I member institutions. Common uses include tutorial services, equipment, supplies and additional personnel.
How the fund is determined: A base amount is awarded for each Division I member institution
Grant in Aid Fund - Purpose: This fund promotes financial aid for education by awarding more dollars to schools with the most grants-in-aid.
How the fund is determined: The fund pays based on the institution’s number of full-time grants-in-aid equivalencies, beginning with one grant and progressing in units of 50. All grants awarded above 150 are valued at the same amount.
Sports Sponsorship Fund: Purpose: This fund encourages institutions that sponsor and support nonrevenue sports.
How the fund is determined: The fund is based on the number of sports an institution sponsors.
And the Big one:
Basketball Fund - Purpose: The fund rewards long-term performance in the Division I Men’s Basketball Championship.
How the fund is determined: Values are assigned to units that are awarded for each stage of the championship to which a conference’s teams advance. Payments are based on a rolling six-year average rather than a single year to lessen the financial pressure on any individual institution to advance in the tournament.
This is the one everyone talks about. As you can see it actually makes up only about 40 % of the revenue distributed, but this is the money that is paid out based on how well you do in the tournament. Essentially each unit for the 2011 season averaged out to be worth $227,000 per year for six years ($1.37 million). In 2012 that number was $255,000 per year or $1.53 million. In 2013 that number is approximately $285,500 or $1.71 million over 6 years.
Each unit is one game played. Each team can earn up to five units in a season (title game does not count as a unit). Play-in games count, so those teams can earn up to six units. So if you make a Sweet 16, that is three units earned.
For reference a team like Louisville who is leaving, has earned for the Big East/AAC thru the year 2018 (not including this season)
Code:
Year 2008____ 2009____ 2010____ 2011____ 2012____ 2013____ 2014____ 2015____ 2016____ 2017____2018____
Result Elite 8 Elite 8 Rd of 64 Rd of 64 Final Four National Title Unknown ACC ACC ACC ACC -
Units 4_______ 4_______ 1_______ 1_______ 5_______ 5_______ Unknown N/A_____N/A_____ N/A_____ N/A_____ -
Unitvlu $205,000 $215,000 $225,000 $227,000 $255,000 $285,000 $0000000 $0000000 $0000000 $0000000 $0000000 -
Payout $820,000 $820,000 $820,000 $820,000 $820,000 $820,000 $0000000 $0000000 $0000000 $0000000 $0000000 -
Payout $0000000 $860,000 $860,000 $860,000 $860,000 $860,000 $860,000 $0000000 $0000000 $0000000 $0000000 -
Payout $0000000 $0000000 $225,000 $225,000 $225,000 $225,000 $225,000 $225,000 $0000000 $0000000 $0000000 -
Payout $0000000 $0000000 $0000000 $227,000 $227,000 $227,000 $227,000 $227,000 $227,000 $0000000 $0000000 -
Payout $0000000 $0000000 $0000000 $0000000 $1,275,000 $1,275,000 $1,275,000 $1,275,000 $1,275,000 $1,275,000 $0000000 -
Payout $0000000 $0000000 $0000000 $0000000 $0000000 $1,425,000 $1,425,000 $1,425,000 $1,425,000 $1,425,000 $1,425,000 -
Total $820,000 $1,680,000 $1,905,000 $2,132,000 $3,407,000 $4,832,000 $4,012,000 $3,152,000 $2,927,000 $2,700,000 $1,425,000
Grandt Total - $28,992,000
Chart does not include any revenue earned from unit prior to 2008 that was paid out in 2008 or later.
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