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Championship money

Posted:
Tue Apr 07, 2015 7:16 pm
by LA_Mustang
How much money did we get last year from the UConn men's and women's championships? We should get the women's money again in a couple of hours.
Re: Championship money

Posted:
Tue Apr 07, 2015 7:17 pm
by DanFreibergerForHeisman
LA_Mustang wrote:How much money did we get last year from the UConn men's and women's championships? We should get it again in a couple of hours.
Hopefully.
So much easier to root hard for Connecticut when they are playing Notre Dame!
Re: Championship money

Posted:
Tue Apr 07, 2015 8:33 pm
by DanFreibergerForHeisman
Connecticut up 31-23 at the half.
Notre Dame was able to hang with the Huskies until a late run to close the half.
Re: Championship money

Posted:
Tue Apr 07, 2015 8:35 pm
by smupony94
Hope they win but NCAA women doesn't pay out much at all
Re: Championship money

Posted:
Tue Apr 07, 2015 8:42 pm
by ponydawg
Either way, that's a lot if sandwiches.
Re: Championship money

Posted:
Tue Apr 07, 2015 9:33 pm
by DanFreibergerForHeisman
Connecticut wins 63-53.
Re: Championship money

Posted:
Tue Apr 07, 2015 9:38 pm
by LA_Mustang
3 of the last 4 (men's and women's) national champions have come from our conference. Thanks, UConn.
Re: Championship money

Posted:
Tue Apr 07, 2015 11:26 pm
by mustangxc
...and 5 of the last 6 defending national champions have played in our conference.
Re: Championship money

Posted:
Wed Apr 08, 2015 1:14 pm
by ojaipony
So can anyone answer the original question? I'm very curious. Researching yielding very little, but very little research being yielded (on my part) . . .
Re: Championship money

Posted:
Wed Apr 08, 2015 1:18 pm
by smupony94
Over $2,000,000 which will start decreasing dramatically as Louisville and BE credits fall out
Re: Championship money

Posted:
Wed Apr 08, 2015 4:59 pm
by ojaipony
smupony94 wrote:Over $2,000,000 which will start decreasing dramatically as Louisville and BE credits fall out
One time payment last year? How is that paid out? Or are you just talking about TOTAL? Not annual right?
Re: Championship money

Posted:
Wed Apr 08, 2015 5:04 pm
by The PonyGrad
The thing to understand is that NCAA tournament credits are paid out over a number of years, 6 I believe. So any results this year are spread out.

Championship money

Posted:
Wed Apr 08, 2015 5:19 pm
by Grant Carter
There is no extra money for winning the championship. Teams get a credit for each game they play. However, the most credits you can earn in one tourney is 5 so all four final four teams get the same number of credits.
All of the credits for a conference are added up and split evenly by the teams in that conference, over 6 years. So, if credits were $300k (a guess but at the high end of the range I think) last year then UConn got $1.5 million for the conference.
However once you divide that by 6 years and 11 schools (not sure what the agreement was for the schools coming and going but it is available via Google) it really is not that much per year per school for just them winning it all.
That said, having a lot of teams win a lot of games in the tourney year after year obviously adds up.
Re: Championship money

Posted:
Wed Apr 08, 2015 5:36 pm
by LA_Mustang
Grant Carter wrote:There is no extra money for winning the championship. Teams get a credit for each game they play. However, the most credits you can earn in one tourney is 5 so all four final four teams get the same number of credits.
All of the credits for a conference are added up and split evenly by the teams in that conference, over 6 years. So, if credits were $300k (a guess but at the high end of the range I think) last year then UConn got $1.5 million for the conference.
However once you divide that by 6 years and 11 schools (not sure what the agreement was for the schools coming and going but it is available via Google) it really is not that much per year per school for just them winning it all.
That said, having a lot of teams win a lot of games in the tourney year after year obviously adds up.
Interesting. Thanks for the info.