NCAA Basketball fund - Makers and Takers

[X-band '01]

Shoutout to xubrew for providing the following article:

Bloomberg - March Madness Makers and Takers (http://www.bloomberg.com/graphics/2015-march-madness-basketball-fund/)

These figures go back to the 1990-91 season when the NCAA created the basketball fund as we know it today.

If you go by how much revenue a school earned for its conference versus how much money said school, Xavier is one of the top 10 programs in all of the NCAA in terms of how much revenue they earned ($31.96 million for 29 NCAA units) versus how much revenue was actually received ($6.52 million for a weighted average of 8.2 units). The top overall earner was Kansas ($65.52 million for 95 units versus $23.83 million received - weighted average of 31.7 units).

Even if you go back to Xavier's MCC days, they earned a grand total of 13 units worth $3.42 million; they received a weighted average of 2.4 units worth a whopping $440.000. Also keep in mind Butler earned $26.24 million as a member of the MCC/Horizon while receiving back a total of $4.15 million. Most of Butler's units were for their runs in 2010/2011 and even a Sweet 16 run in the early 2000s.

In the Big East so far, Xavier earned $260,000 for their 1 unit last season while receiving $1.74 million in revenue (for a whopping 6 units) sharing for the new Big East. It doesn't account for the 3 units earned this year, nor does it account for the 11 units the new Big East received in 2015.

The top overall taker is Northwestern - they have a grand total of 0 units and have received a weighted average of 33.6 units worth $24.25 million.

The top taker outside of a major conference - Duquesne. They've earned $8.74 million in revenue sharing while earning a grand total of 0 units for the A-10. Fordham is right behind with $8.16 million received in revenue sharing while earning a grand total of 0 units.

[xudash]

If I'm the Athletic Director of a deadwood school anywhere, this is the ONE article I've been dreading; this is the one heat lamp I've always hoped no one would take the time to research and write.

[JTG]

If I'm the Athletic Director of a deadwood school anywhere, this is the ONE article I've been dreading; this is the one heat lamp I've always hoped no one would take the time to research and write.

The BIG has so much money they probably don't care, besides Northwestern does occasionally go to Bowl games, something IU never does.
As for the A10, they know they are stuck with 2 shitbags in Duquesne & Fordham, that the other school Prez are reluctant to do anything about. Just another reason to be glad we moved.

[xubrew]

Just to clarify, a unit lasts for six years. So, when you see the payouts, you get that same payout for the next six years in addition to what you earn after that.

Going back as far as probably ten years ago, I could never figure out how the A10 divvied up it's NCAA Tournament money. It appeared every year as though even though we earned more than anyone else, we were getting as much or less than everyone else. There were several years where Duquesne appeared to get more than we did, and it never made any sense. For the longest time I just wanted six or seven A10 schools to set out on their own, negotiate their own TV deal, and form their own league. We earned a ton of money for that league, and were one of the reasons it was appealing to TV. If the league disagreed with that, then great! They wouldn't miss us once we were gone.

I do like a lot of programs in the A10, but the leadership of the league is a complete joke. This isn't even exhibit A of that.

[paulxu]

Fascinating. Only 10 schools in 25 years have earned more than $25 million; X, Duke and Gonzaga the only 2 non-state schools.

Edit: make that 10 schools who netted for their conference more than $25.

I wonder if those charts assume each conference splits the NCAA credit dollars evenly amongst all conference members?
Or do they know how each conference does it if it's different?

[Masterofreality]

As for the A10, they know they are stuck with 2 shitbags in Duquesne & Fordham, that the other school Prez are reluctant to do anything about. Just another reason to be glad we moved.

You can add George Mason to that list soon, and I would guess that VCU may be following suit in a couple of years. Different coach, Different AD's.

[xubrew]

Fascinating. Only 10 schools in 25 years have earned more than $25 million; X, Duke and Gonzaga the only 2 non-state schools.

Edit: make that 10 schools who netted for their conference more than $25.

I wonder if those charts assume each conference splits the NCAA credit dollars evenly amongst all conference members?
Or do they know how each conference does it if it's different?

They know how each conference shared the revenue, and almost none of them share it the same way.

[xudash]

You can add George Mason to that list soon, and I would guess that VCU may be following suit in a couple of years. Different coach, Different AD's.

They don't call them LOSSSalle for no reason. One S16 during the entire time they were in the A10 with us.

I used to be rather vocal about the need for the A10 to trim its deadwood if it really wanted to be taken seriously long-term. They failed to take action. Xavier and Temple, in particular, said "that's enough."

Who knows what may eventually happen with that conference now, but the gene pool has thinned out rather badly over the course of the last few years. The A10 fans love to hang their hats on that 6-bid year of a couple of years ago, believing that results like that are more likely achievable than not. Barely 3 bids last year. Now a key coach gone. A matter of time - and not much at that - before Archie leaves the clueless, delusional idiots up I-75. More financial pressure on the way from the P5, which will make it even harder for programs like Fordham, Duquesne, LossSalle, SBU, etc. to respond in kind.

Linda Bruno was a disaster, and the Presidents failed to do what was truly needed.

[xubrew]

You can add George Mason to that list soon, and I would guess that VCU may be following suit in a couple of years. Different coach, Different AD's.

George Mason now has a much better coach in Dave Paulsen. Then again, they could have hired a magic eight ball, and ended up with a much better coach than what they had before.

[xubrew]

They don't call them LOSSSalle for no reason. One S16 during the entire time they were in the A10 with us.

I used to be rather vocal about the need for the A10 to trim its deadwood if it really wanted to be taken seriously long-term. They failed to take action. Xavier and Temple, in particular, said "that's enough."

Who knows what may eventually happen with that conference now, but the gene pool has thinned out rather badly over the course of the last few years. The A10 fans love to hang their hats on that 6-bid year of a couple of years ago, believing that results like that are more likely achievable than not. Barely 3 bids last year. Now a key coach gone. A matter of time - and not much at that - before Archie leaves the clueless, delusional idiots up I-75. More financial pressure on the way from the P5, which will make it even harder for programs like Fordham, Duquesne, LossSalle, SBU, etc. to respond in kind.

Linda Bruno was a disaster, and the Presidents failed to do what was truly needed.

There are about six or eight programs that should have said "THAT'S ENOUGH!" a long time ago, and just left to form their own league. I think the Atlantic Ten has several decent programs in it. I just think they have a lot of crap as well, and the crap seems to be running the show. Or at the very least, the league finds it necessary to cater to them.

How is it that the TV deal is so bad?? $5 million for the entire league, which is just over $300k for each school (less than half of what the Missouri Valley gets), and buried on premium networks with a clause in the contract that actually prohibits conference games from being on free to air networks?? That is all kinds of absurd. This followed a deal where virtually no games were on TV anywhere.

How is it that NCAA Tournament revenue is distributed in a way where Fordham and Duquense routinely received bigger payouts than we did??

How is it that Fordham, Duquesne and La Salle were never once told to step it up or get out and get in a league with teams that devote a similar amount of money and resources to basketball?? In defense of La Salle, they are much improved, but to say that about them just tells you exactly how bad they were before now and how little they seemed to try.

The league's leadership is a joke. Always has been. I wanted to leave a long time ago, and didn't want to wait for the Big East (as I'm sure many of you remember). The programs that were worth a damn should have left and done their own thing. Perhaps that is the best course of action for the programs that are still worth a damn. Dayton, SLU (once they fire Jim Crews, anyway), Davidson, Richmond, VCU, GW and MAYBE George Mason now that they have a decent coach, should just up and leave. URI and UMass have shown potential too. That's a nine team league. They should vote to dissolve the league and then do their own thing.

[xudash]

There are about six or eight programs that should have said "THAT'S ENOUGH!" a long time ago, and just left to form their own league. I think the Atlantic Ten has several decent programs in it. I just think they have a lot of crap as well, and the crap seems to be running the show. Or at the very least, the league finds it necessary to cater to them.

How is it that the TV deal is so bad?? $5 million for the entire league, which is just over $300k for each school (less than half of what the Missouri Valley gets), and buried on premium networks with a clause in the contract that actually prohibits conference games from being on free to air networks?? That is all kinds of absurd. This followed a deal where virtually no games were on TV anywhere.

How is it that NCAA Tournament revenue is distributed in a way where Fordham and Duquense routinely received bigger payouts than we did??

How is it that Fordham, Duquesne and La Salle were never once told to step it up or get out and get in a league with teams that devote a similar amount of money and resources to basketball?? In defense of La Salle, they are much improved, but to say that about them just tells you exactly how bad they were before now and how little they seemed to try.

The league's leadership is a joke. Always has been. I wanted to leave a long time ago, and didn't want to wait for the Big East (as I'm sure many of you remember). The programs that were worth a damn should have left and done their own thing. Perhaps that is the best course of action for the programs that are still worth a damn. Dayton, SLU (once they fire Jim Crews, anyway), Davidson, Richmond, VCU, GW and MAYBE George Mason now that they have a decent coach, should just up and leave. URI and UMass have shown potential too. That's a nine team league. They should vote to dissolve the league and then do their own thing.

Totally agree.

And I believe we both know they'll never do that. I kinda new about the financial aspects of their TV deal (i.e. approx. $300k'ish per team) but I had no idea about that television contractual clause. Damn.

[OH.X.MI]

Gonzaga rumored to be a contender to join the Big East? Where do these rumors come from?

But really, very interesting article. Thanks for sharing!

[ArizonaXUGrad]

Article's author probably reads XUhoops.


Gonzaga rumored to be a contender to join the Big East? Where do these rumors come from?

But really, very interesting article. Thanks for sharing!

[LA Muskie]

Fascinating. Only 10 schools in 25 years have earned more than $25 million; X, Duke and Gonzaga the only 2 non-state schools.

Edit: make that 10 schools who netted for their conference more than $25.

I wonder if those charts assume each conference splits the NCAA credit dollars evenly amongst all conference members?
Or do they know how each conference does it if it's different?
Paul, where are you finding those numbers? Also bear in mind that conference realignment skews some of these numbers.

[LA Muskie]

You can add George Mason to that list soon, and I would guess that VCU may be following suit in a couple of years. Different coach, Different AD's.

Ah, MOR and his VCU doomsday scenario...

[paulxu]

Paul, where are you finding those numbers? Also bear in mind that conference realignment skews some of these numbers.

Graphs in Bloomberg article X-band posted. Note, upon further checking, the article "assumes" for their charts that conferences share credits equally.
Apparently that wasn't the case in the A10.

[LA Muskie]

Graphs in Bloomberg article X-band posted. Note, upon further checking, the article "assumes" for their charts that conferences share credits equally.
Apparently that wasn't the case in the A10.
I saw that. But I don't see any graphs that are for the last 10 years -- they all seem to run from 1991 through 2015 (24 years).

[paulxu]

I saw that. But I don't see any graphs that are for the last 10 years -- they all seem to run from 1991 through 2015 (24 years).

???

[Masterofreality]

Ah, MOR and his VCU doomsday scenario...

And as more players transfer out, pray tell what makes you think that VCU will be good again?

Just don't let that novelty program anywhere near the Big East.