Money Madness: AP analysis shows growing gap in NCAA payouts
6 years ago

Money Madness: AP analysis shows growing gap in NCAA payouts

Associated Press  

HARTFORD, Conn. — Powered by Ja Morant’s no-look passes and Dylan Windler’s step-back 3s, March Madness has been a bonanza for the Ohio Valley Conference. Since massive realignment among college conference in 2012-2014, Power Five schools from the Atlantic Coast, Southeastern, Big Ten, Big 12 and Pac-12 have earned even more under the system of “units,” the term used by the NCAA to tally performance payouts. “It also shapes the way the membership feels about the league.. We support one another with the view that collectively we’re going to get better as a league, and I don’t want to understate the significance of that.” The Missouri Valley Conference will collect $1.4 million in April and at least $8.45 million total from what Loyola University Chicago earned during its stunning run with Sister Jean to the 2018 Final Four. The Atlantic Sun Conference has one more payment of $840,900 coming for Florida Gulf Coast University’s historic tournament performance in 2013, when the team dubbed “Dunk City” became the first No. FGCU’s run was worth a total of $4.76 million — triple what the league normally gets from one tournament — and the conference banked another unit the next season when Mercer upset Duke.

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History of this topic

This March Madness, women’s teams are getting a perk men have enjoyed for years
6 days, 23 hours ago

This March Madness, women’s teams are getting a perk men have enjoyed for years

Associated Press  

CHAPEL HILL, N.C. — The Columbia women’s basketball team plays in an intimate 2,700-seat gym nestled in Manhattan that is nowhere to be found on the national sports landscape. We get a unit!” That’s correct, each women’s team in the tournament will get a “unit” — money that is paid to conferences when one of its teams appears in the …

NCAA official: Tournament expansion for men and women unlikely next year
3 weeks, 5 days ago

NCAA official: Tournament expansion for men and women unlikely next year

Associated Press  

The AP Top 25 men’s college basketball poll is back every week throughout the season! The NCAA has not finalized expansion plans for the men’s and women’s basketball tournaments and a decision is unlikely soon, NCAA senior vice president of basketball Dan Gavitt said in a CBS Sports interview. “It’s not taken in a lighthearted way at all because of …

March Madness will pay women's teams under a new structure approved by the NCAA
2 months, 1 week ago

March Madness will pay women's teams under a new structure approved by the NCAA

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. In the first year, $15 million will be awarded …

NCAA lays out pay structure for women’s basketball tournament performances
7 months ago

NCAA lays out pay structure for women’s basketball tournament performances

Associated Press  

A women’s basketball team that reaches the Final Four of the NCAA Tournament could bring its conference roughly $1.26 million over the next three years in financial performance rewards. There will be $15 million awarded to teams in the first year of the fund, which is 26% of the women’s basketball media revenue deal. Men’s basketball teams now receive 24% …

NCAA moves closer to financially rewarding women’s basketball teams that reach March Madness
7 months, 2 weeks ago

NCAA moves closer to financially rewarding women’s basketball teams that reach March Madness

Associated Press  

Women’s basketball teams moved a step closer to getting financially rewarded for success in the NCAA Tournament. Central Arkansas President Houston Davis, who is the chairman of the board’s finance committee, said the panel has been working on women’s basketball units for about a year, though conversations go farther back than that. Baker said Thursday that the antitrust settlement the …

Schools in basketball-centric leagues face different economic challenges with NCAA settlement
9 months, 3 weeks ago

Schools in basketball-centric leagues face different economic challenges with NCAA settlement

Associated Press  

Bernadette McGlade leads an Atlantic 10 Conference built around basketball and focused on getting multiple bids to the NCAA men’s tournament much more than anything tied to big-time football. “So we have to get to the strategy table and start doing analysis.” Schools that lean on basketball in leagues like the A-10, Big East — home to UConn, the two-time …

Who gets paid? How much? What to know about the landmark NCAA settlement
10 months ago

Who gets paid? How much? What to know about the landmark NCAA settlement

Associated Press  

The nearly $2.8 billion settlement that has been approved by the NCAA and the nation’s five largest conferences is a historic step toward a more professional model for college sports. The plan, which still needs approval from plaintiffs and a federal judge, calls for paying damages to thousands of former and current college athletes who say now-defunct NCAA rules prevented …

Big Ten announces women’s basketball tournament sellout, expects 5-day attendance of 109,000
1 year, 1 month ago

Big Ten announces women’s basketball tournament sellout, expects 5-day attendance of 109,000

Associated Press  

MINNEAPOLIS — Caitlin Clark can claim another off-the-court feat: The Big Ten women’s basketball tournament has sold out in advance for the first time in the history of the event. The conference announced Friday that it expects a five-day attendance total of more than 109,000 at Target Center, where the previous record was set last year at 47,923. The proximity …

ESPN, College Football Playoff agree on 6-year deal worth $1.3 billion annually, AP sources say
1 year, 1 month ago

ESPN, College Football Playoff agree on 6-year deal worth $1.3 billion annually, AP sources say

Associated Press  

The AP Top 25 college football poll is back every week throughout the season! ESPN and the College Football Playoff have agreed to a six-year deal worth $1.3 billion annually that allows the network to keep exclusive rights to the 12-team playoff through the 2031 season, two people with knowledge of the agreement told The Associated Press. ESPN was first …

NCAA generates nearly $1.3 billion in revenue for 2022-23. Division I payouts reach $669 million
1 year, 1 month ago

NCAA generates nearly $1.3 billion in revenue for 2022-23. Division I payouts reach $669 million

Associated Press  

INDIANAPOLIS — The NCAA generated nearly $1.3 billion in revenue for the 2022-23 fiscal year, more than half of which was distributed back to Division I members, according to financial statements released Thursday by the association. As usual, the bulk of the NCAA’s revenue — $945 million — came from media rights and marketing deals tied to championship events. The …

Some of college basketball’s great regular-season games have shaped the AP Top 25
1 year, 2 months ago

Some of college basketball’s great regular-season games have shaped the AP Top 25

Associated Press  

The AP Top 25 men’s college basketball poll is back every week throughout the season! The two college basketball titans went back and forth until Hayes made two late free throws to help the Cougars end the Bruins’ 47-game winning streak. Rather, here are some of the great games played during the regular season that AP voters would have had …

The AP Top 25 remains a college basketball mainstay after 75 years of evolution
1 year, 2 months ago

The AP Top 25 remains a college basketball mainstay after 75 years of evolution

Associated Press  

When he first moved from coaching into broadcasting in the early 1980s, Dick Vitale would keep track of what was happening across the college basketball landscape by picking up the newspaper every morning. “In the early years, the eye test was more of a factor,” said Jerry Tipton, who spent more than four decades covering the Wildcats for the Lexington …

AP Sports Story of the Year: Realignment, stunning demise of Pac-12 usher in super conference era
1 year, 3 months ago

AP Sports Story of the Year: Realignment, stunning demise of Pac-12 usher in super conference era

Associated Press  

The AP Top 25 college football poll is back every week throughout the season! The redrawing of the college sports map and demise of the Pac-12, a conference that claims the most NCAA championships and a legacy that includes the likes of Jackie Robinson, Bill Walton, Aaron Rodgers, Katie Ledecky, Tiger Woods and Cheryl Miller, made conference realignment The Associated …

March Madness expansion discussed by NCAA committee but no deal imminent
1 year, 8 months ago

March Madness expansion discussed by NCAA committee but no deal imminent

Associated Press  

The AP Top 25 men’s college basketball poll is back every week throughout the season! INDIANAPOLIS — The NCAA Division I men’s basketball committee discussed possible expansion of March Madness at its meetings this week but said no moves were imminent to increase the field beyond the current 68 teams. Earlier this year, the NCAA Division I board of directors …

ACC backs plan to offer increased payouts to schools for postseason success
1 year, 10 months ago

ACC backs plan to offer increased payouts to schools for postseason success

Associated Press  

The Atlantic Coast Conference is moving forward allowing schools to earn more money generated from their own postseason performances, a move coming as the league tries to find ways to close a growing financial gap with two power-conference peers. The league has long distributed revenue evenly among its membership, including money coming from revenue-generating postseason events like the College Football …

ACC leadership touts progress in trying to address financial gap with the Big Ten and the SEC
1 year, 10 months ago

ACC leadership touts progress in trying to address financial gap with the Big Ten and the SEC

Associated Press  

AMELIA ISLAND, Fla. — The Atlantic Coast Conference emerged from three days of spring meetings at a posh, oceanside resort with one resolution: the formalization of tiebreaker rules for the league’s new, no-division format. Most everything else discussed behind closed doors remained secretive works in progress, most notably how the league plans to close the financial gap on college football’s …

ACC looking for ways to boost revenue, shrink financial gap
2 years, 8 months ago

ACC looking for ways to boost revenue, shrink financial gap

Associated Press  

The AP Top 25 college football poll is back every week throughout the season! At ACC Kickoff preseason media days on Wednesday, Phillips said “all options are on the table.” “It’s significant. But there has to a value in whatever move you end up making.” The ACC’s most recent tax filing listed a record $578.3 million in total revenue while …

March Madness paying off for players under mishmash of rules
2 years, 11 months ago

March Madness paying off for players under mishmash of rules

Associated Press  

The AP Top 25 college football poll is back every week throughout the season! “And that’s a really odd transformation that we need to somehow, I think, strike a middle ground here, eventually.” This week, Kansas, Villanova, North Carolina and Duke will play in the first Final Four to be held under the new world of “name, image and likeness” …

The NCAA Tournament by the numbers
3 years ago

The NCAA Tournament by the numbers

Associated Press  

A look at the NCAA Tournament by the numbers: 0.52 — Average years of experience of Arizona players, making it the youngest team in the field and third-youngest in Division I, according to the analytics site KenPom.com. 9 — Coaches going to the tournament in the first year at their schools: Mark Adams, Texas Tech; Chris Beard, Texas; Hubert Davis, …

How NCAA units turn the Pac-12’s March Madness wins into big paydays
3 years, 11 months ago

How NCAA units turn the Pac-12’s March Madness wins into big paydays

LA Times  

Confetti floated through the air at Lucas Oil Stadium after UCLA’s upset of No. The unit is like a redeemable token representing a game played in the NCAA men’s basketball tournament. It is paid to the conference for six years, starting in 2017, with each payment changing based on that year’s unit value. With the Pac-12’s 11 units from seven …

NCAA announces huge reduction in revenue payout after cancellation of March Madness
5 years ago

NCAA announces huge reduction in revenue payout after cancellation of March Madness

LA Times  

Workers place the court on the floor at the CenturyLink Center in Omaha for the NCAA men’s basketball tournament. The NCAA Board of Governors stressed to members the importance of “planning carefully with less revenue.” “We are living in unprecedented times not only for higher education, but for the entire nation and around the globe as we face the COVID-19 …

What’s an NCAA Tournament unit worth? Millions. Here’s how
6 years ago

What’s an NCAA Tournament unit worth? Millions. Here’s how

Associated Press  

The upstart run for Loyola Chicago making the Final Four last year delivered more than just excitement for fans of Sister Jean and the Ramblers. RECENT WINDFALLS Here’s a look at how much some of the most surprising mid-major Final Four runs have been worth to their conferences: — George Mason, 2006: The Patriots earned five units for the Colonial …

Just competing in March Madness is a fundraising win for the schools
7 years ago

Just competing in March Madness is a fundraising win for the schools

Salon  

The NCAA men’s basketball championship, better known as March Madness, raises big bucks even if the players aren’t paid. Donations of all kinds averaged about $13.6 million in 2015 at the 347 schools in Division 1 — those with March Madness teams — based on my calculations using the most recent data available. The top 1 percent of higher education …

March Madness and money: Should American universities spend so much serious cash on sports?
8 years ago

March Madness and money: Should American universities spend so much serious cash on sports?

Salon  

A brilliant philosophy professor at the University of St. Francis — a small, liberal arts Catholic college in the Midwest — digressed during a lecture on ethics I attended as an undergraduate to ask the rhetorical question, “What do we spend our money on here?” The students, most of us partially responsible for the existence of the “money” in the …

Junk economics and the NCAA tournament effect.
15 years ago

Junk economics and the NCAA tournament effect.

Slate  

March Madness is upon us, and news outlets are once more peddling the theory thatthe NCAA men’s basketball tournament costs businesses billions in lost productivity. If you believe what you read in the press, fan devotion to March Madness could cost employers $3.8 billion or more in lost productivity as workers slip away to check NCAA Tournament scores, participate in …

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