Financial Plus

[H-towngreen]

Does NT receive more moola for being invited to the dance? Not sure how this works.

[greenminer]

yes

[UNTflyer]

An article on this from last year:

In the first three years of the current contract, NCAA revenue distributed to the Big 12 increased 80 percent from 2002, according to the NCAA. Conference USA's revenue from the NCAA increased 64 percent and Southland's 55 percent.

The part of the tournament's payout tied directly to winning favors traditional power conferences because it is based on total tournament appearances over rolling six-year periods. Consistently having more teams in the field and more wins means more money.

In the formula, each game appearance, leading up to the finals, equals one unit. Units earned one year don't begin to pay off until the following year.

This year, each unit accumulated over the previous six years is worth $163,981, up from about $100,000 in 2002.

So, just getting a berth in the tournament this year eventually will mean more than $1 million to a team's conference. And game-winning shots this year will be worth a million bucks, literally.

[meangreenfreak]

An article on this from last year:

In the first three years of the current contract, NCAA revenue distributed to the Big 12 increased 80 percent from 2002, according to the NCAA. Conference USA's revenue from the NCAA increased 64 percent and Southland's 55 percent.

The part of the tournament's payout tied directly to winning favors traditional power conferences because it is based on total tournament appearances over rolling six-year periods. Consistently having more teams in the field and more wins means more money.

In the formula, each game appearance, leading up to the finals, equals one unit. Units earned one year don't begin to pay off until the following year.

This year, each unit accumulated over the previous six years is worth $163,981, up from about $100,000 in 2002.

So, just getting a berth in the tournament this year eventually will mean more than $1 million to a team's conference. And game-winning shots this year will be worth a million bucks, literally.

163k is almost our entire BB buget!

Edited March 7, 2007 by meangreenfreak

[H-towngreen]

So how much goes to the conference and how much to NT?

[AJR2010OX]

oooo i was mistaken, I thought we got more for going to the ncaa tourney than the new oreleans bowl

So how much goes to the conference and how much to NT?

[SCREAMING EAGLE-66]

--- One of the real payoffs is recruiting..... Is is easier to recruit well when we get into the tournament.....

[mwynn05]

oooo i was mistaken, I thought we got more for going to the ncaa tourney than the new oreleans bowl

if we win a game we will....a LOT more exposure too....because the new orleans bowl really isn't that big of a deal nationally

[good_ken]

--- One of the real payoffs is recruiting..... Is is easier to recruit well when we get into the tournament.....

And the TV exposure. Its real easy to tell a recruit's family that they can see him play on ESPN (or the deuce).

Big Win for us.

[bdan2002]

Apparently, for this year it is $177,000 per unit (per game), per team in the tourney. However, conferences are urged, but not required, to distribute money from the basketball fund equally among all their member institutions.

[H-towngreen]

So after the Belt takes out it cut, and if shared evenly like suggested, NT will end up with what $10,000?