This was posted on The Boneyard. The poster tried to quantify what "basketball autonomy" would mean financially . It is entirely unsourced and I have not double checked the numbers but I thought it was interesting.
Yormark is on to something the brain dead folks at Storrs should be pushing for semi autonomy for the 32 D1 basketball conferences. The elephant in the room is Basketball schools are completely getting shafted in their association with the NCAA tournament and there is no outcry.
The men’s basketball tournament earns a billion dollars yet the distribution pool for participating conferences is about $175,000,000, or less than 20% . By comparison the power football schools keep over 80% of their playoff money. Last year the Big East earned 15 units @$338,000 per unit or about $5,000,000 a year for 6 years or $30,000,000 . That number per unit at 80% is about $1,500,000 per unit would have been $22,000, 000 or $132,000,000 over six years. The Big East could be dividing $80,000,000 to $100,000,000 annually varying with tournament success. That‘s without changing the tournament and all 32 D1 conference’s participation. That’s not Power conference money but it makes Basketball a much more important player .
The question is why basketballs schools allow themselves to be exploited ? Those that think the chief beneficiary is the NCAA corporate office are mistaken . They distribute half the sum $500,000,000 to 1200 member schools for no apparent reason. They also help finance multiple championship , however many are partially covered by a $35,000,000 a year deal with ESPN that includes the NIT, Baseball, Softball.
In addition to the men's basketball tournament, the women’s Basketball tournament that is currently valued at about $80,000,000 as a stand alone which turns that tournament as a nice profit maker.
The current deal expires this coming year and should at least triple . It turns out BB is a pretty lucrative sport however the schools that make the money aren’t compensated equitably.
Yormark is on to something the brain dead folks at Storrs should be pushing for semi autonomy for the 32 D1 basketball conferences. The elephant in the room is Basketball schools are completely getting shafted in their association with the NCAA tournament and there is no outcry.
The men’s basketball tournament earns a billion dollars yet the distribution pool for participating conferences is about $175,000,000, or less than 20% . By comparison the power football schools keep over 80% of their playoff money. Last year the Big East earned 15 units @$338,000 per unit or about $5,000,000 a year for 6 years or $30,000,000 . That number per unit at 80% is about $1,500,000 per unit would have been $22,000, 000 or $132,000,000 over six years. The Big East could be dividing $80,000,000 to $100,000,000 annually varying with tournament success. That‘s without changing the tournament and all 32 D1 conference’s participation. That’s not Power conference money but it makes Basketball a much more important player .
The question is why basketballs schools allow themselves to be exploited ? Those that think the chief beneficiary is the NCAA corporate office are mistaken . They distribute half the sum $500,000,000 to 1200 member schools for no apparent reason. They also help finance multiple championship , however many are partially covered by a $35,000,000 a year deal with ESPN that includes the NIT, Baseball, Softball.
In addition to the men's basketball tournament, the women’s Basketball tournament that is currently valued at about $80,000,000 as a stand alone which turns that tournament as a nice profit maker.
The current deal expires this coming year and should at least triple . It turns out BB is a pretty lucrative sport however the schools that make the money aren’t compensated equitably.
