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NCAA Tournament Revenue

PostPosted: Sun Mar 23, 2014 1:46 pm
by FIVE-O-FAN
In case anyone had the same question I did. The SMU snub cost the AAC at least $1.5 million.

"At the end of the day, the direct value of a March Madness bid is worth about six installments of $250,000. This amount increases by $1.5 million for every additional round a team advances. So the next time you see players cheering for their teams in the NCAA Tournament, remember that it will, quite literally, pay for them to win."


http://www.fool.com/investing/general/2 ... worth.aspx

Re: NCAA Tournament Revenue

PostPosted: Mon Mar 24, 2014 11:41 am
by indianmustang
so we got 9 credits so far and if both uconn and louisville wins we get more

Re: NCAA Tournament Revenue

PostPosted: Mon Mar 24, 2014 11:43 am
by ojaipony
FIVE-O-FAN wrote:In case anyone had the same question I did. The SMU snub cost the AAC at least $1.5 million.

"At the end of the day, the direct value of a March Madness bid is worth about six installments of $250,000. This amount increases by $1.5 million for every additional round a team advances. So the next time you see players cheering for their teams in the NCAA Tournament, remember that it will, quite literally, pay for them to win."


http://www.fool.com/investing/general/2 ... worth.aspx


So it should really be the school presidents that should be cheering? It's not like the kids get any of that money although they are the ones doing the work. </indentured servitude>

Re: NCAA Tournament Revenue

PostPosted: Mon Mar 24, 2014 12:02 pm
by PK
ojaipony wrote:
FIVE-O-FAN wrote:In case anyone had the same question I did. The SMU snub cost the AAC at least $1.5 million.

"At the end of the day, the direct value of a March Madness bid is worth about six installments of $250,000. This amount increases by $1.5 million for every additional round a team advances. So the next time you see players cheering for their teams in the NCAA Tournament, remember that it will, quite literally, pay for them to win."


http://www.fool.com/investing/general/2 ... worth.aspx


So it should really be the school presidents that should be cheering? It's not like the kids get any of that money although they are the ones doing the work. </indentured servitude>

Graduating with a degree and no tuition and room and board debt is a pretty good pay check for someone attending SMU. Somewhere in the range of $250,000 over 4 years. Servitude indeed. :roll:

Re: NCAA Tournament Revenue

PostPosted: Mon Mar 24, 2014 12:08 pm
by SMUer
Yeah. Gag me. Tell that sob story to anyone paying SMU student loans...
I got a free SMU degree, may have had 5 years to do it, received free daily tutoring and had all my food, board and books paid for...playing a sport that I love...which may launch a multi-million dollar career...boo hoo!

Re: NCAA Tournament Revenue

PostPosted: Mon Mar 24, 2014 12:16 pm
by SMU Section F
SMUer wrote:Yeah. Gag me. Tell that sob story to anyone paying SMU student loans...

I think he was referring to scholarship athletes...

Re: NCAA Tournament Revenue

PostPosted: Mon Mar 24, 2014 12:19 pm
by Dallashoops22
What money do we recieve from hosting NIT games?

Re: NCAA Tournament Revenue

PostPosted: Mon Mar 24, 2014 12:57 pm
by smusic 00
Dallashoops22 wrote:What money do we recieve from hosting NIT games?

We are allowed to recoup our expenses. Everything else goes to the NIT. So it just depends on how we do our books.