Show me the money?

[Castor Troy]

Remember when there was a 14 year probation period for becoming a division I school? The reason they gave had to do with all of the money shared with schools that make the big dance. They did not want to encourage a bunch of schools to rush up to the DI level in bball. So this leads me to believe that making the tournament can be lucrative to the school.

Does anyone have a guess as to how much we are talking about here?

[Bisonguy]

$0 for the first three years in the Summit due to the agreement for membership.

After that, somewhere in the neighborhood of $100-150k per school. The Summit splits the pie to all the member schools. If a team makes it past the first round, the distribution amount would increase.

[Castor Troy]

$0 for the first three years in the Summit due to the agreement for membership.

After that, somewhere in the neighborhood of $100-150k per school. The Summit splits the pie to all the member schools. If a team makes it past the first round, the distribution amount would increase.

So is this why the 14 years was changed to 5? Not very lucrative for small schools?

[Bisonguy]

There was a moratorium on DI membership (much like the current one) back in the 90's or very early 00's. After that, the BB postseason ineligibility period was increased to 13 years (14 if counting the exploratory year) to discourage schools from making the move to DI for the 'big' payoff from the tourney.

Conferences vary on how the payoff works. Some give the schools that are participating a larger chunk, but the Summit gives an equal share to all schools. I don't know what happens to the additional money if a team makes it past the first round in the Summit. I'd have to perform some google-fu, but I believe some of the schools in the larger conference that might have 5 teams in the conference, with a couple making it to the sweet 16 can really start bringing in some big money.

[Castor Troy]

There was a moratorium on DI membership (much like the current one) back in the 90's or very early 00's. After that, the BB postseason ineligibility period was increased to 13 years (14 if counting the exploratory year) to discourage schools from making the move to DI for the 'big' payoff from the tourney.

Conferences vary on how the payoff works. Some give the schools that are participating a larger chunk, but the Summit gives an equal share to all schools. I don't know what happens to the additional money if a team makes it past the first round in the Summit. I'd have to perform some google-fu, but I believe some of the schools in the larger conference that might have 5 teams in the conference, with a couple making it to the sweet 16 can really start bringing in some big money.

That makes a lot of sense to me. Thanks for the information.

[Bisonguy]

Here's a story from 2006 that somewhat explains it- http://www.dallasnews.com/sharedcontent/dws/spt/colleges/national/tournament/ncaamen/stories/031606dnsponcaamoney.173e5d7f.html

Looks like a conference gets ~1MM for a tournament berth (autobid or at-large), and then ~1MM for each win.

[lakesbison]

whats the bottom line?

NDSU gets $0 from the summit this year??

(that explains the horrible hose job the refs did down there!)

[tony]

Yep, zero from the Summit this year, but I think NDSU does get NCAA money.

Here's what wikipedia says:



The Division I Men's Basketball tournament is the only NCAA championship tournament (officially, the BCS Football Championship is not an NCAA event) where the NCAA does not keep the profits. Instead, the money from the multi-billion-dollar television contract is divided among the Division I basketball playing schools and conferences as follows:[14] (http://en.wikipedia.org/wiki/NCAA_Men's_Division_I_Basketball_Championship#cite _note-revenue_distribution-13)

1/6 of the money goes directly to the schools based on how many sports they play (one "share" for each sport starting with 14, which is the minimum needed for Division I membership).
1/3 of the money goes directly to the schools based on how many scholarships they give out (one share for each of the first 50, two for each of the next 50, ten for each of the next 50, and 20 for each scholarship above 150).
1/2 of the money goes to the conferences based on how well they did in the six previous men's basketball tournaments (counting each year separately, one share for each team getting in, and one share for each win except in the Play-in game (http://en.wikipedia.org/wiki/Play-in_game) and the Final Four). In 2007, based on the 2001 through 2006 tournaments, the Big East received over $14.85 million, while the eight conferences that did not win a first-round game in those six years received slightly more than $1 million each.[15] (http://en.wikipedia.org/wiki/NCAA_Men's_Division_I_Basketball_Championship#cite _note-basketball_fund-14)So NDSU will get their share of the first two items. NDSU doesn't get any conference money this year but, really, we didn't earn it since the amount is based on what the conference did in the tourney over the last six years. The bottom line is that if NDSU wins games in the tourney, NDSU (and everybody in the conference) benefits for the next six years. NDSU will miss out on some of it though.

BTW, looks like the formula for the first item is wrong - pretty sure it should end with "and 20 for each scholarship[B]s above 150").

[unbison]

Now now...... easy on saying we got screwed lakes..... how much would it cost to run ads on espn for 12 hrs straight? along with publicity on sports radio shows..... newspapers.....websites?
I think we doin allright!

[TheBisonator]

Yep, zero from the Summit this year, but I think NDSU does get NCAA money.

Here's what wikipedia says:

So NDSU will get their share of the first two items. NDSU doesn't get any conference money this year but, really, we didn't earn it since the amount is based on what the conference did in the tourney over the last six years. The bottom line is that if NDSU wins games in the tourney, NDSU (and everybody in the conference) benefits for the next six years. NDSU will miss out on some of it though.

BTW, looks like the formula for the first item is wrong - pretty sure it should end with "and 20 for each scholarship[B]s above 150").

So what you're saying Tony, is that we'll be recieving a payout from the NCAA, but not one from the Summit, correct??

Now, how much of a payout from the NCAA are we talking about if we go one-and-out, or win the first round??

[Hammersmith]

So what you're saying Tony, is that we'll be recieving a payout from the NCAA, but not one from the Summit, correct??

Now, how much of a payout from the NCAA are we talking about if we go one-and-out, or win the first round??

I don't know how much we're going to get from the NCAA, but our performance in the Dance will not affect that amount at all. Performance in the tournament affects the NCAA payout to the conference, which we won't immediately share. I believe NDSU would eventually receive about $82,000 over four years (beyond the minimum) for each tourney win up to the Final Four. SDSU & IPFW would benefit equally. The other seven schools would recieve about an extra $141,000 for each win beyond the minimum over a period of six years.*

Last year, the Summit member schools received $482,040 in "Academic Enhancement", $679,797 in "Grants In Aid", $249,585 in "Special Assistance", $574,707 in "Sports Sponsorship", and $280,831 from the "Student-Athlete Opportunity Fund". What exactly all of those categories are, and exactly how much went to each Summit school, I don't know. We could probably figure out the Sports Sponsorship payment, but all the rest would require inside information.

*The first two years will be split seven ways, the next four years will be split ten ways.

[NDSU1980]

Do we get anything for expenses, or is that already included in the divvying up of the pie, which we don't get much of anyway?

[roadwarrior]

I'm pretty sure the NCAA pays for the team's travel expenses.

[Bison bison]

http://www.worldofstock.com/thumbs/PAB5307.jpg

http://www.fotosearch.com/bthumb/DGV/DGV089/200439187-001.jpg

[BisBison]

http://www.worldofstock.com/thumbs/PAB5307.jpg

http://www.fotosearch.com/bthumb/DGV/DGV089/200439187-001.jpg

I thought this thread was about money, I don't see anything in your post that even mentions or resembles money.

[IndyBison]

I'm pretty sure the NCAA pays for the team's travel expenses.

There are certain things the NCAA covers and certain things they don't. For example, I'm pretty sure they cover the hotel rooms while the team is still in but if the team decides to stay for the weekend after losing the first game, they are on their own.

A few other examples...the teams are given police escorts from their hotel to the stadium and back and this is paid for by the NCAA. If they go anywhere else and want a police escort, it's on their own dime. They get 2 meeting rooms in the hotel to use for meetings, meals, ticket distribution, etc. If they want to do anything above and beyond that they are on their own.

As for meals and transportation, I don't know if the NCAA has maximums on what a team can spend but the teams that come to Indy usually eat at some pretty nice places. When I was the George Mason host, they had a tradition all year of eating at Outback the night before a game. They wanted to continue that tradition for the Final Four. There is no Outback downtown so we made arrangements for them to go to one in a suburb. That was a lot of fun because the media (who had been hounding them all week) had no idea they were there and they got to enjoy a quiet meal. Several people in the restaurant came up to talk to the players and get autographs but they were fine.

[THE ndsU]

http://www.worldofstock.com/thumbs/PAB5307.jpg

http://www.fotosearch.com/bthumb/DGV/DGV089/200439187-001.jpg

Doesn't this belong in the Moorman's sister/fiance thread?