(08-03-2020 11:34 AM)ken d Wrote: So to answer the first question, if my math is correct, there would be somewhere in the ballpark of $200-300K available per member school in the event of dissolution, if every NCAA member (including D-II and D-III) shared equally. Not what you'd call a windfall for the D-I schools.
First of all, I agree that dissolving the NCAA doesn't create a windfall profit for the thousand or so NCAA members across all divisions.
Beyond that though, it's all a black box. There was, ballpark, $300 in the kitty when corona hit. After that, we don't really have numbers for anything. TV payments for the tournament were cut--cut to nothing? Dunno. Insurance covered some percentage of the expected revenue, but not all. What percentage? Dunno. And I remember something in the spring about an emergency distirbution.
ACtually, I just googled up some numbers.
USA Today: NCAA slashes payouts to member schools
Quote:The association said that of the $225 million total distribution, $50 million will come from NCAA reserves. The association also has a $270 million event-cancellation insurance policy connected to the tournament, and the proceeds, when received, will be used to pay off a line of credit that the association will tap as needed.
So the NCAA took in $270M from the insurance company, plus $50M from reserves, to distribute $225M. As the sharper-eyed reader will notice, $225M is less than $320M, so we don't have the whole picture.
There are a lot of moving pieces, a lot of ways the NCAA moves money around.
But the short answer is, the NCAA doesn't have a lot of money compared to "lets distribute the NCAA's assets amongst the members and use that money for stuff." The NCAA does have a lot of money compared to "the NCAA doesn't have any money."