(03-19-2024 02:30 PM)Frank the Tank Wrote: (03-19-2024 12:27 PM)Steve1981 Wrote: Could also see a further pacification of the power conferences from breaking away. Changing the equal weight assignment of NCAA credits. This is just a an example of how they can keep more of the money as with the 91% in CFP money. Opening round of NCAA 1/4 credit, field of 32 1/2 credit, sweet sixteen 1 credit, elite eight 1.5 credits, final four 2 credits, championship game 2.5 credits.
I agree that the NCAA credits may change, although I think it will be almost the opposite of what you’ve stated where there would be very little or any performance incentives just like the CFP. Essentially, each non-power conference gets the same amount as one credit (as they do now) and most (if not all) of the rest of the money goes to the power conferences. Maybe there’s a de minimis performance bonus, but it would actually be significantly *less* compared to how it is now.
If I’m counting correctly, there are 132 credits available each year. (68 bids + 4 First Four+ 32 1st round + 16 2nd round + 8 3rd round + 4 4th round. I don’t believe that there are credits after getting to the Final Four.)
26 non-power conferences each get 1 credit each (19.7% of the total credits).
106 credits go to the P4 and Big East (80.3%).
That gets the NCAA Tournament revenue split close to the what the P5/G5 split is in the current CFP system. No performance bonus here - this is a straight payment to ensure that the power conferences don’t leave.
Guarantees, guarantees, guarantees.
That’s what the power conferences want. Heck, last year’s Final Four is exactly why they wouldn’t want the format that you’ve proposed. The power leagues want their money upfront win or lose. That is what has bothered them about how basketball revenue is distributed.
Maybe. But only getting 70-75% instead of 80% of the money is less impactful than losing more than half right off the top, and on top of being stuck with the current FAR undervalued contract. What we have today is:
Those 132 credits x 2m per = $264m, paid out over SIX LONG YEARS
Out of roughly $1b for the total tourney
What we COULD have is:
$2.5b for total tourney today
25% to managment agency =
2.5b x .75 = $1.87b
even just 70% of $1.875b is
$1.875b x .7 = $1.3B
$1.3B for just the P5 portion of the NCAAT, rather than more like $200m. Wait a minute...isn't $1.3b what we're getting from the CFP? Huh! Divide $1.3b 78 ways for the entire P5 in basketball, well lets call it 80 ways in case Gonzaga and someone else move up:
$1.3b / 80 = $16.25m per school, paid every year instead of over 6 long years
And that's with only 70% of the money. Perhaps it's 75 or 80% of a $1.5-2b instead of 70% of 2.5b, but the final number is roughly the same. And, unlike in football, there's no reason for the P2 to get any more than the others. If anything, the others might want some revenge on us, or perhaps use the new NCAAT to work towards parity in the next CFP deal.
What's really amazing about all of this is that basketball only jumps to 25%, maybe as much as 30%, even after all of that. Football has some serious staying power in the hearts and minds of Americans.