Does anybody know how much money we make
- Thread starter gtowndawg
- Start date
from my days in college athletics.
Every NCAA schoolgets 10 shares for every sport over the NCAA Division I minimum that it sponsors.
Every school that makes the NCAA Basketball tournaments gets roughly
10 shares for making the tournament
10 shares for winning one game
15 shares for making the Sweet 16/Elite 8
20 shares for making the final four
25 shares for winning the national championship
So a run to the championship would garner a school 95 shares.
The basketball tournament is the money maker for the NCAA, but other sports have share allotments as well - baseball for instance gets 5 shares for making a regional, 10 shares for making a super regional, 12 shares for making the CWS and 15 shares for winning it.
At the end of the sports season (College World Series), all of the NCAA funds are tallied and the shares are divided up. Each share is usually worth $50k or so, but that is rising rapidly. (The 50k number is from 2003, so it could be more now. So, roughly we made somewhere around a half million minus 10 percent to the SEC for making the tournament (Titty Dawgs shares are the same as men's for what its worth, damn Title IX)
A typical MSU allotment from the NCAA on a typical good MSU sports year (men and women make NCAA, softball and baseball make regional, golf and tennis make regional) is roughly 35 shares, or about $1.75 million. Obviously the Final Four year was the best year in school history.
The two teams that make the play in game both get 10 shares, with nothing more going to the winner, for what its worth.
Every NCAA schoolgets 10 shares for every sport over the NCAA Division I minimum that it sponsors.
Every school that makes the NCAA Basketball tournaments gets roughly
10 shares for making the tournament
10 shares for winning one game
15 shares for making the Sweet 16/Elite 8
20 shares for making the final four
25 shares for winning the national championship
So a run to the championship would garner a school 95 shares.
The basketball tournament is the money maker for the NCAA, but other sports have share allotments as well - baseball for instance gets 5 shares for making a regional, 10 shares for making a super regional, 12 shares for making the CWS and 15 shares for winning it.
At the end of the sports season (College World Series), all of the NCAA funds are tallied and the shares are divided up. Each share is usually worth $50k or so, but that is rising rapidly. (The 50k number is from 2003, so it could be more now. So, roughly we made somewhere around a half million minus 10 percent to the SEC for making the tournament (Titty Dawgs shares are the same as men's for what its worth, damn Title IX)
A typical MSU allotment from the NCAA on a typical good MSU sports year (men and women make NCAA, softball and baseball make regional, golf and tennis make regional) is roughly 35 shares, or about $1.75 million. Obviously the Final Four year was the best year in school history.
The two teams that make the play in game both get 10 shares, with nothing more going to the winner, for what its worth.
The money that represents "our cut" of the tournament pay out will be given to the conference. They will then divide it 14 ways--we get 2 shares and the conference and 11 other institutions will get 1 share a piece. I have no idea how much the cut will be, though.
as well as conference shares of the NCAA monies (do not know the formula)
but merit based NCAA money goes straight to the institution. Schools like Harvard and Princeton are near the top because they offer 40 sports (you get 10 shares for every sport over 14 that you offer).
but merit based NCAA money goes straight to the institution. Schools like Harvard and Princeton are near the top because they offer 40 sports (you get 10 shares for every sport over 14 that you offer).
all of that is funneled through the conferences.
Gonzaga used the cash from their late 90s runs as low seeds to the elite 8 and sweet 16 to build that program to where they are getting top 4 seeds year in and year out, even though they still play in a ****** conference.</p>
George Mason did not use the Gonzaga formula, and they are back to being a middle of the pack team in the CAA. I think they may have wasted their money on beer and hookers.
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Gonzaga used the cash from their late 90s runs as low seeds to the elite 8 and sweet 16 to build that program to where they are getting top 4 seeds year in and year out, even though they still play in a ****** conference.</p>
George Mason did not use the Gonzaga formula, and they are back to being a middle of the pack team in the CAA. I think they may have wasted their money on beer and hookers.
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615dawg said:
What about expenses for participating in the tournament (Hotel rooms, flights, meals, etc)? Is their any kind of per diem award to the teams?
My wife says that it is a waste of time for me to peruse the 6-pack.
I disagree, in less than 2-weeks I have learned that I should have set up my off air antenna through the menu on my DirecTV (since corrected) and I have now learned the inner workings of the NCAA yearly payout.
Seriously, good information. Thanks.</p>
I disagree, in less than 2-weeks I have learned that I should have set up my off air antenna through the menu on my DirecTV (since corrected) and I have now learned the inner workings of the NCAA yearly payout.
Seriously, good information. Thanks.</p>
Hotel and per diem is paid for by the NCAA for all of its championship. The NCAA selects the hotel though (usually they are comped by the city that is hosting as part of the bid)
If a site is 500 miles are under, the NCAA charters a bus for the team, if a site is over 500 miles, commercial airfare for the team and up to a certain number of coaches and support staff/university personnel is reimbursed. I think I remember it as 30 for basketball. We chartered a plane so we probably lost a little money there.
I remember reading an article when Florida won back to back national titles in basketball that they cleared about 20 mil when you factored in everything, including the percentage (7-10%) of all of the merchandise sold.</p>
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If a site is 500 miles are under, the NCAA charters a bus for the team, if a site is over 500 miles, commercial airfare for the team and up to a certain number of coaches and support staff/university personnel is reimbursed. I think I remember it as 30 for basketball. We chartered a plane so we probably lost a little money there.
I remember reading an article when Florida won back to back national titles in basketball that they cleared about 20 mil when you factored in everything, including the percentage (7-10%) of all of the merchandise sold.</p>
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