(04-08-2022 07:11 PM)Frank the Tank Wrote: (04-08-2022 05:50 PM)quo vadis Wrote: (04-08-2022 07:53 AM)Crayton Wrote: (04-08-2022 07:38 AM)quo vadis Wrote: Obviously, I like the idea of a single guaranteed unit to each conference to match the single guaranteed bid they get to the tournament, then thereafter units for wins from R64 onwards.
Isn't that the actual formula, 1 unit for each appearance? The only difference is that they recently began allowing First Four teams to collect a 2nd unit for their play-in win.
(snip)
As I understand it, right now, a conference gets a unit for each team that makes the field. So for example, the B1G started out with 9 units, and would have walked away with 9 units even if all 9 teams had lost their first games.
With my proposal, the B1G (and all other conferences) would have started with 1 unit. Then, they would only get more units if their teams won games. If all nine teams had lost in the first game, the B1G would have walked away with 1 unit, not 9.
Wait a second - this proposal means that a conference with 9 bids would get the same financial treatment at the outset of the NCAA Tournament as a 1-bid league???
Putting aside my personal disagreement with this for many reasons, the more practical matter is that the Big Ten and SEC would napalm the entire NCAA Tournament than ever allow this to happen.
Whatever changes to the NCAA Tournament revenue distribution will almost certainly need to end up having the exact opposite effect of this proposal: any changes would require *more* money to the most powerful conference with *less* variation in revenue from year-to-year. Essentially, leagues want larger smoothed out predictable annual earnings. They *don’t* want a system like the current 4-team CFP where the Pac-12 and Big 12 could actually be stronger leagues overall compared to the ACC but the ACC can ride a single elite team like Clemson for more exposure and money. The one good thing about the current NCAA Tournament revenue model is that it rewards conference depth just as much as a single elite team - that’s a feature as opposed to a bug from my standpoint.
As I’ve long said with respect to the CFP, conferences would rather get more guaranteed money in down years than to be able to shoot the moon revenue-wise in great years. Downside protection is simply much more important. That would be the same for the NCAA Tournament that is actually a much more egalitarian revenue distribution system by comparison as of now… but that may change and it certainly won’t be where the Big Ten and SEC somehow make less money than before.
Regarding the bolded, in order:
1) Yes. Every conference would start out with one unit, just like every conference gets one automatic bid. Basically, you would get one "free" (unearned, not based on winning tourney games) for the one "free" entrant you get to the tourney, the auto-bid.
2) The SEC and B1G might very well laugh at my proposal. But this is what I think should happen, not what I think has any chance of actually happening.
3 and 4) I agree that conferences and schools prefer smoothed-out regular revenue (at a high level, of course) to revenue that allows more upside potential but also more downside risk. Administrators hate downside risk, they want a "high floor" even if that means a lower ceiling.
But I don't agree the current CFP is an example of something the big conferences don't like. For one thing, they all fairly-recently (2012-2013) agreed to it knowing how the revenue would be dispersed.
For another, I think the CFP is very much an example of the "high floor", low dpwnside risk that we both agree conferences want regarding money. In fact, I think it is considerably moreso than the current NCAA tournament model.
E.g. compare the 2019 CFP with this year's NCAA tournament on dimensions of getting paid for "existence", "participation" and "performance", which range from least-risky (high floor, low ceiling) to most risky (low floor, high ceiling)
2019 CFP revenue (playoffs and at-large bowls) ....
PAC ... $60m base CFP pay
B1G ... $60m base CFP pay, $6m OSU playoffs, $4m Penn State Cotton Bowl .... $70m total
The B1G had much more participation and performance than the PAC. The PAC had no playoff and no at-large teams, so it didn't participate at all and therefore could not perform (win games). The B1G had high participations, a team in the playoffs and a team in an at-large bowl. The B1G also had better performance, they won the Cotton Bowl. Yet, the B1G made just 17% more money than the PAC, $70m to $60m. The vast bulk of CFP money each conference made wasn't for "performance" (winning) or even "participations" (having a team in) but for the most socialistic thing of all, merely existing as a member of the system. This IMO is a very "high floor, low ceiling" model, the kinds admins like. It's very risk-averse. Heck, even if the B1G had performed better, if its team in the playoffs had won two games, giving it three CFP wins, it would have made zero more dollars for that. Winning, performance, means nothing in the CFP. You get a huge payout for merely existing ($60m base pay) a small amount for participation (for the B1G, $10m), and nothing for performance. Very socialistic, risk-averse, IMO.
And this analysis excludes the contract bowls. If we include that, the model is even more socialistic - the B1G and PAC both got $40m just for existing/participating in the Rose Bowl, putting a team in the game, which was guaranteed by their contract. Nothing extra for the winner.
2022 NCAA tourney ....
Big 12 ...... 6 teams in ............. 34 units
SEC ......... 6 teams in ............. 22 units
This is a much more "capitalistic" model. Existence? That meant nothing, you have to get teams in to make money and each conference is guaranteed just one unit merely for existing in the system. Participation? That mattered quite a bit, more teams in, more money. But winning means a lot too. The SEC and Big 12 were equal on existence and participation, but the Big 12 is getting 54% more money just from winning, the most risky aspect of the system.
So IMO, the current CFP model is much more in line, and objectively very much in line, with what you say (and I agree) that admins and conferences want - high floor, very little downside risk in terms of money.