NIT - What does it make?

[cams555]

Does anybody have any insight into what these NIT tournament games will produce for the school? Revenue of tickets sales can't be great playing in Walsh but I am assuming the TV deals must pay the teams.


Does anybody have a breakdown of what NIT money looks like and how does that compare to the NCAA tournament?

 

[Piratz]

It makes money? 😱

 

[SHU_Pirate1]

Not sure if it's an exact number but I heard it's something like $5,400 a game as well as travel or incidental expenses. Losing out on the $$$ is another reason to be pissed with our snub... are you listening Val?

 

[HallX2]

Bus fare.

 

[TomD82]

Not sure if it's an exact number but I heard it's something like $5,400 a game as well as travel or incidental expenses. Losing out on the $$$ is another reason to be pissed with our snub... are you listening Val?

That is accurate. I believe it is $5,220 a unit per round with max total payout $334,000. Now everyone can see why if you sell 3,000 tickets at the rock you can lose money.

 

[SHUMAN]

That cash is pretty dismal. The NCAA should throw another carrot out there for the NIT teams that wouldn't cost them any cash and could add a little juice to the NIT. Grant the NIT champion school an auto-bid in the following year NCAA tourney. Could be the play-in game or better if they deserve; usual seeding applies. Yeah, it would be different team following year, players leave / graduate, blah blah blah. But think about how useful as a recruiting tool it could be for the winning school. Team would be a hot destination for transfers- who wouldn't want to play where you know you are going to the dance from day one.

 

[catholicman]

St Bonaventure AD apparently got canned for rejecting the NIT invite and not informing the players.

NIT WIT

 

[Burnsly]

I like it. With an auto bid you wouldn't get any teams rejecting a bid, that's for sure.

 

[MBF72]

I like it. With an auto bid you wouldn't get any teams rejecting a bid, that's for sure.

But the team that wins the NCAA tournament doesn't get that.