March Madness payout to Sunbelt
Posted: Sun Mar 22, 2015 8:57 pm
Sunbelt won both men's and women's first round games in the NCAA tourney. How does the conference do revenue sharing? Do we get a payout? How much and how long?
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How do you know this stuff? #Impressed!T-Dog wrote:Some of the math is fuzzy and it's not an exact science to outsiders, but let's give it a go.
The pay is divided into units. Each conference gets one unit per tournament game played by a team from that league.
Unit payout goes up each year as the money pool grows and grows. Georgia State's win will get the Sun Belt an additional unit for the next six years. Right now per unit is about $250,000, but it'll grow by a few thousand each year and by the end of the six years, is projected to grow to close to $300,000. Not an exact science.
So Georgia State's win will get the Sun Belt an extra 1.5 to 2 million dollars overall. About 60% of that is distributed to the member institutions. The Sun Belt is an equal-distribution league (The Big 12 is not, which caused the mass exodus in 2010) so each school will get between 81k and 109k per unit total over that time period, or about 13k to 18k per unit each year. So x2 for this year.
FYI, that's using the $250,000 (it might be a few thousand higher this year) per unit figure and 60% member distribution figure, even though it's not exactly that.
The Sun Belt has gotten multiple units in the some of the past six years and the departing schools forfeited their unit payment from that league as part of leaving (every school switching conferences does this) so there should be a few dollars more.
Women's tournament pays jack and shit.
GOOGLE: http://www.bloomberg.com/graphics/2015- ... ball-fund/asutrnr81 wrote:How do you know this stuff? #Impressed!T-Dog wrote: The pay is divided into units.
That's exactly why KBenson needs to live in Birmingham until he can deliver UAB to the Sunbelt. That immediately improves SunBelt basketball and applies pressure on every other league institution to step it up. The two Georgia teams and the two Louisiana teams are on board. I think Jim Fox and our new AD will have App in the mix. A high tide floats all boats.bigdaddyg wrote:Read that the ACC stands to pull in about $30M. With every school getting an even share would Virginia Tech (the ACC school App beat this year) garner more in it's share than the entire Sunbelt will receive in entirety? If so, WOW!
This stuff really can really make your head swim. While we are all big time football fans and pine away for a major bowl bid, the big moola is in the big dance. I agree, a UAB (even bball only) can bring home the bacon for the Sunbelt. While we are at it how much did App receive when Davidson reached the final 4? Hard to believe the payout even for a first round knockout.asu66 wrote:That's exactly why KBenson needs to live in Birmingham until he can deliver UAB to the Sunbelt. That immediately improves SunBelt basketball and applies pressure on every other league institution to step it up. The two Georgia teams and the two Louisiana teams are on board. I think Jim Fox and our new AD will have App in the mix. A high tide floats all boats.bigdaddyg wrote:Read that the ACC stands to pull in about $30M. With every school getting an even share would Virginia Tech (the ACC school App beat this year) garner more in it's share than the entire Sunbelt will receive in entirety? If so, WOW!
Not saying I disagree, but for perspective, that win was UAB's first NCAA Tournament win in 10 years, and only their third appearance in that span. Not exactly a regular cash cow. Certainly they do have more basketball history than other Sun Belt programs, though.asu66 wrote:That's exactly why KBenson needs to live in Birmingham until he can deliver UAB to the Sunbelt. That immediately improves SunBelt basketball and applies pressure on every other league institution to step it up. The two Georgia teams and the two Louisiana teams are on board. I think Jim Fox and our new AD will have App in the mix. A high tide floats all boats.bigdaddyg wrote:Read that the ACC stands to pull in about $30M. With every school getting an even share would Virginia Tech (the ACC school App beat this year) garner more in it's share than the entire Sunbelt will receive in entirety? If so, WOW!
Does UAB really have any options? It's not like the Southeastern Conference will come calling. If Conference USA decides to jettison UAB (and current by-laws stipulate that all CUSA teams must field a football program), then I would think it's a cinch that UAB joins the Sun Belt. CUSA officials could amend their own by-laws to accommodate UAB, but the ball is squarely in CUSA's court, not UAB's.EastHallApp wrote:Not saying I disagree, but for perspective, that win was UAB's first NCAA Tournament win in 10 years, and only their third appearance in that span. Not exactly a regular cash cow. Certainly they do have more basketball history than other Sun Belt programs, though.asu66 wrote:That's exactly why KBenson needs to live in Birmingham until he can deliver UAB to the Sunbelt. That immediately improves SunBelt basketball and applies pressure on every other league institution to step it up. The two Georgia teams and the two Louisiana teams are on board. I think Jim Fox and our new AD will have App in the mix. A high tide floats all boats.bigdaddyg wrote:Read that the ACC stands to pull in about $30M. With every school getting an even share would Virginia Tech (the ACC school App beat this year) garner more in it's share than the entire Sunbelt will receive in entirety? If so, WOW!