Interesting Big East Numbers

[Masterofreality]

On an Indy Star story about Matta’s intro, there were quotes from Butler’s President, basically saying that any talk of Butler leaving the Big East was trash.
The end of the story, published interesting numbers, including 2021-2022 Coaches salaries.
Have at it.

“Big East finances 2021-2022

Rankings by basketball budgets (head coaches’ salaries in parentheses)

$14.04 million, Marquette ($3.29 million)

$13.81 million, Georgetown ($3.40 million)

$13.02 million, Villanova ($6.19 million)

$12.45 million, Providence ($3.45 million)

$11.55 million, St. John’s ($1.63 million)

$10.61 million, UConn ($2.975 million)

$9.36 million, Creighton ($1.93 million)

$9.21 million, Xavier ($1.70 million)

$8.04 million, Seton Hall ($2.31 million)

$6.62 million, DePaul ($1.42 million)

$5.85 million, Butler ($1.60 million)

Sources: Budgets are from U.S. Department of Education’s Equity in Athletics Disclosure Act (EADA). Salaries are from Column E, Schedule J of universities’ IRS Form 990 (except for University of Connecticut, which is from Dan Hurley’s contract through open-records request).”

[JTG]

The first 5 have arena rent to pay. # 6 is a big state school, #s 7 &8 have similar nice programs, 9 more arena rent, 10 like the Bears & Cubs is a train wreck, and 11 should have stayed in the Horizon League.

[xudash]

The first 5 have arena rent to pay. # 6 is a big state school, #s 7 &8 have similar nice programs, 9 more arena rent, 10 like the Bears & Cubs is a train wreck, and 11 should have stayed in the Horizon League.

Agreed about Butler. Similar to a company that grows too fast.

I would love to see the student population numbers for each school put up against those numbers. As an example, I know that Marquette has at least 10,000 students inland DePaul is even bigger than that.

[xu82]

Agreed about Butler. Similar to a company that grows too fast.

I would love to see the student population numbers for each school put up against those numbers. As an example, I know that Marquette has at least 10,000 students inland DePaul is even bigger than that.

Student population would actually be very interesting along with the other info. It would give more perspective.

BTW - I just looked up Georgia State and was surprised to see enrollment of 32k. Xavier is indeed a little basketball powerhouse!

[Dblue]

Jay Wright's salary is more than Butler's entire budget???

[X-band '01]

The first 5 have arena rent to pay. # 6 is a big state school, #s 7 &8 have similar nice programs, 9 more arena rent, 10 like the Bears & Cubs is a train wreck, and 11 should have stayed in the Horizon League.

Villanova and St. John's only had a few appearances at Wells Fargo and MSG, respectively. Imagine if they played there all season like Marquette, Georgetown and Providence did. Same with UConn splitting games on campus and in Hartford.

[JEHARDI]

The first 5 have arena rent to pay. # 6 is a big state school, #s 7 &8 have similar nice programs, 9 more arena rent, 10 like the Bears & Cubs is a train wreck, and 11 should have stayed in the Horizon League.

Rent is not included in these figures and even if it were revenue would offset it. The revenue that X generates in ticket sales and seat licenses is in the bottom half of the BE. Those who donate to AFO recently received a note that that cited the importance of donations to ensure a competitive program.

[JTG]

How can rent not be part of the budget ? A budget assumes income, does it not ?

[JEHARDI]

How can rent not be part of the budget ? A budget assumes income, does it not ?

Numbers represent the spend in support of the program, salaries, travel, entertainment. Does not include income from ticket sales or seat licenses for on-campus arenas or rent for those with playing off - campus.

[D-West & PO-Z]

The salaries are for the coaches this past year right? Miller reportedly got 4 million a year right?

[xu82]

The salaries are for the coaches this past year right? Miller reportedly got 4 million a year right?

Our “investment” will certainly go up with Miller as HC, and likely for assistant coaches. Our ROI will make us look like geniuses compared to Georgetown. WTF is going on there? How is that so bad? I think I must be missing something.

[IM4X]

Jay Wright's salary is more than Butler's entire budget???

Jay’s $6.19 million salary takes up 47% percentage of Nova’s basketball budget and Sean’s rumored $4 million will be taking up 43% for X’s budget. That’s kind of nuts. If Sean can get his teams to always be in the top 25 and go on deep runs in the tournament than he will be worth it.

Am I correct in assuming Nova makes no more than any other BE school when they go on these deep runs in the NCAA tournament and even when they win the whole damn thing. My understanding is that each school earns a unit for being in the tournament and every school in the tournament that advances earns another unit (until the semifinals).

So a team like Nova who has won a ton more games than an other BE school over the past 10 years ends up earning tons more units than any other school in the BE which just gets added up every year (with the units any other BE earns) and the money gets split up evenly paid out to every BE team.

That would kind of suck for Nova. It’s almost like communism: Everyone gets the same pay no matter what how well or poorly someone in the group preforms.

[profson]

Needs to be confirmed but I thought I read that per BE protocol the team winning the unit gets half and the other half is in the shares pool.

[GIMMFD]

Jay’s $6.19 million salary takes up 47% percentage of Nova’s basketball budget and Sean’s rumored $4 million will be taking up 43% for X’s budget. That’s kind of nuts. If Sean can get his teams to always be in the top 25 and go on deep runs in the tournament than he will be worth it.

Am I correct in assuming Nova makes no more than any other BE school when they go on these deep runs in the NCAA tournament and even when they win the whole damn thing. My understanding is that each school earns a unit for being in the tournament and every school in the tournament that advances earns another unit (until the semifinals).

So a team like Nova who has won a ton more games than an other BE school over the past 10 years ends up earning tons more units than any other school in the BE which just gets added up every year (with the units any other BE earns) and the money gets split up evenly paid out to every BE team.

That would kind of suck for Nova. It’s almost like communism: Everyone gets the same pay no matter what how well or poorly someone in the group preforms.

Providence did their part this year, UCONN did not, Marquette obviously did not but drew a miserable match-up, Creighton got one, but then injury bug and running into the eventual National Champions (who they played pretty tough) seems like a good outcome for them, Seton Hall never does, but who knows with Holloway as coach now, overall I'd say it's kinda on par per usual for Big East teams, and if Profson's right I wouldn't even remotely be upset with it, because Nova's deep runs are the only thing generating revenue in the NCAA Tournament for us consistently.

Was the figure of around $1mil per win ever confirmed, I remember reading that a few years back, probably has grown from that, but man, that is a pretty chunk of change for having Villanova around.

[JTG]

Needs to be confirmed but I thought I read that per BE protocol the team winning the unit gets half and the other half is in the shares pool.

Pretty sure this is correct.

[D-West & PO-Z]

Sean’s rumored $4 million will be taking up 43% for X’s budget. That’s kind of nuts.


This would only be true if the huge increase in Xavier's coaching salary doesn't cause the entire budget to go up any amount. Which if the case would require significant cuts in other areas. I am pretty confident that isn't happening as I'm sure Miller had some assurances about this.

[Final4]

I’ll believe the $4 million salary when I see it on Xavier’s Form 990. They were paying Travis $1.7 million a year. And now they’re going to pay Miller $4 million a year (on top of the $2.4 million they have to pay Travis to go away)?

[X-man]

I’ll believe the $4 million salary when I see it on Xavier’s Form 990. They were paying Travis $1.7 million a year. And now they’re going to pay Miller $4 million a year (on top of the $2.4 million they have to pay Travis to go away)?

I agree. The 990 data represents Xavier compensation, but Steele had other income sources connected with his job at Xavier that probably moved his total number closer to $2.5M. I would expect Sean to be paid a bit more, but $4M total compensation seems a stretch to me.

[XUGRAD80]

I’ll believe the $4 million salary when I see it on Xavier’s Form 990. They were paying Travis $1.7 million a year. And now they’re going to pay Miller $4 million a year (on top of the $2.4 million they have to pay Travis to go away)?

Obviously we don’t know the details of coaches contracts, but I’ve read elsewhere that in many cases that buyout is paid over time, and stops as soon as the coach finds another job that pays the same, or more. Or, if he finds a job that pays less, it only pays the difference between what he is now making and what the value of the buyout was. But yeah, I doubt that Miller is getting paid $4 million a year by X.

[xukeith]

Obviously we don’t know the details of coaches contracts, but I’ve read elsewhere that in many cases that buyout is paid over time, and stops as soon as the coach finds another job that pays the same, or more. Or, if he finds a job that pays less, it only pays the difference between what he is now making and what the value of the buyout was. But yeah, I doubt that Miller is getting paid $4 million a year by X.

Agree. No way X pays any human $4 million. Maybe $2.5-3 million.

[BigMoeMusketeer]

Steele had other income sources connected with his job at Xavier that probably moved his total number closer to $2.5M.

Since we are spit-balling, what do you think made up that $800,000 Trav was potentially making from other income sources?

[drudy23]

Since we are spit-balling, what do you think made up that $800,000 Trav was potentially making from other income sources?

Dana's sponsorship. Gotta get that annual donation after beating UC.

[X-man]

Since we are spit-balling, what do you think made up that $800,000 Trav was potentially making from other income sources?

I dunno...shoes, media, summer camp???

[Final4]

I had heard from a local radio exec that they were having a difficult time trying to find sponsors/advertisers for Steele's radio show so I doubt that was a significant revenue stream. I've sat through several summer camps with grandkids and Coach Cal UK camps they are not. Have no idea what the shoe contract may be worth or even if all the revenue generated goes exclusively to the head basketball coach. My guess would be outside income in the $200k to $300k range.

[X-man]

I had heard from a local radio exec that they were having a difficult time trying to find sponsors/advertisers for Steele's radio show so I doubt that was a significant revenue stream. I've sat through several summer camps with grandkids and Coach Cal UK camps they are not. Have no idea what the shoe contract may be worth or even if all the revenue generated goes exclusively to the head basketball coach. My guess would be outside income in the $200k to $300k range.

I am sure he got paid for post-game interviews on 700 and 550. No idea the amount.

[deepX]

Pretty sure this is correct.

While I don't have personal knowledge of how the Big East splits NCAA funds, I would be shocked if the teams that originally "earned" those units did not get preferential treatment by receiving a larger than average share of the funds as they come in over the 6 year payout period from the NCAA.
I use to see the annual distribution calculations from the A10 and prior XU leagues, and they all rewarded teams that earned the units while benefiting the other league teams to a lesser extent. These leagues all want to encourage success and therefor reward it, after of course holding onto funds to cover the league's overall operations.

[Masterofreality]

The salaries are for the coaches this past year right? Miller reportedly got 4 million a year right?

Try $3-$3.2 million from the school.

[Masterofreality]

Needs to be confirmed but I thought I read that per BE protocol the team winning the unit gets half and the other half is in the shares pool.

My understanding as well.

[Masterofreality]

Per Sportico, the Big East Earned $26.3 million in total NCAA share compensation from the 2022 NCAA Basketball Tournament.
My understanding is that about $13.2 million of that will go directly to the participating schools and the other half go into the general pool to be split among all schools. The payout is over a 6 year period.

https://www.sportico.com/leagues/college-sports/2022/ncaa-tournament-units-2022-1234669771/


Projected Conference Payouts From March Madness Units Earned During 2022

Conference (No. of Bids) Units Projected Payout
ACC (5)
Big Ten (9) 18 $36.4M
Big 12 (6) 17 $34.3M
Big East (6) 13 $26.3M
SEC (6) 11 $22.2M
Pac-12 (3) 7 $14.1M
WCC (3)
American (2) 6 $12.1M
Mountain West (4)
MAAC (1) 4 $8.1M
Atlantic 10 (2) 3 $6.1M
Ohio Valley (1)
WAC (1)
Horizon (1)
SWAC (1) 2

[D-West & PO-Z]

Here is an interesting, but dated (2014), article about the NCAA tournament units.

https://www.washingtonpost.com/graphics/sports/ncaa-money/

It appears that the conferences who comment on here dont automatically give more to the teams who "win" the units, but that conferences may do it differently.

[IM4X]

It still doesnÂ’t seem clear whether all the units earned in the NCAA by a team from a certain conference simply get added up and split evenly among all the schools in their conference (which is what it seems like I keep reading) or schools whose teams go deeper in the tournament keep a piece of every unit they win or maybe thereÂ’s even a separate payout in addition to these units that goes directly to teams when they win.

What I am trying to figure out is if Nova has had to simply place ALL OF THEIR UNITS that theyÂ’ve earned for their success in the NCAA Tournament (a massive amount over the past 10 or so years compared to other BE teams) into the pot of all units earned by BE teams in the tournament which then would then be divided up evenly between all BE schools. If so, it would kind of suck for Villanova.

Does anyone know if the BE has their own agreement that states teams that get into the tournament and advance get a bigger share of the payout? It would seem to make more sense and would help a school like Nova pay Jay WrightÂ’s higher salary.

If every unit is worth $1 million (just to keep it simple) and a unit is earned when a team make it into the tournament and for every game that team wins (I believe up until the semifinals), wouldnÂ’t it make more sense for the school who keeps winning to keep half of the winnings and split the other half. In such a scenario, Villanova would have earned $5 million, kept $2.5 million and given the other $2.5 to the conference to split among the remaining schools.

https://www.google.com/amp/s/boardroom.tv/mens-ncaa-tournament-distribution-unit-worth/amp/

[xukeith]

It still doesnÂ’t seem clear whether all the units earned in the NCAA by a team from a certain conference simply get added up and split evenly among all the schools in their conference (which is what it seems like I keep reading) or schools whose teams go deeper in the tournament keep a piece of every unit they win or maybe thereÂ’s even a separate payout in addition to these units that goes directly to teams when they win.

What I am trying to figure out is if Nova has had to simply place ALL OF THEIR UNITS that theyÂ’ve earned for their success in the NCAA Tournament (a massive amount over the past 10 or so years compared to other BE teams) into the pot of all units earned by BE teams in the tournament which then would then be divided up evenly between all BE schools. If so, it would kind of suck for Villanova.

Does anyone know if the BE has their own agreement that states teams that get into the tournament and advance get a bigger share of the payout? It would seem to make more sense and would help a school like Nova pay Jay WrightÂ’s higher salary.

If every unit is worth $1 million (just to keep it simple) and a unit is earned when a team make it into the tournament and for every game that team wins (I believe up until the semifinals), wouldnÂ’t it make more sense for the school who keeps winning to keep half of the winnings and split the other half. In such a scenario, Villanova would have earned $5 million, kept $2.5 million and given the other $2.5 to the conference to split among the remaining schools.

https://www.google.com/amp/s/boardroom.tv/mens-ncaa-tournament-distribution-unit-worth/amp/

I thought the team who wins a unit in each round, keeps half what they earn then the other 50% gets split evenly among all other BE teams.