This is the best information I have found;

Travel costs are typically covered, but the CBI requires a guarantee of around $60,000 to host a game. The CollegeInsider requires a $28,500 guarantee.

I saw were UVA lost well over $100,000 hosting 3 CBI games. Obviously we couldn't do something crazy like that. But if travel costs are covered...

Also it seems like we could have sold 2000 tickets at 14 bucks a piece, enough to cover the CIT guarantee. Maybe, maybe not. One of the TV stations said we sold over 1000 WNIT tickets today. That would be super if accurate.