CNBC just had a report that NDSU gets $0 money for the bid since they agreed to not receive a share of Summit League money until next year. On the otherhand Louisville receives 16.5M
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Bison get $0 for Tourney Bid
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Re: Bison get $0 for Tourney Bid
That sucks. I am sure SDSU would have been in the same boat had they made it instead of NDSU.
I assume it was a stipulation of joining the league in that they couldn't share in the NCAA tournament revenue.
What would really suck is if NDSU went on a run and won a couple games because I believe if you win the revenue you get is increased.
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Re: Bison get $0 for Tourney Bid
I suspect that IPFW and SDSU will receive zip of the Summit League share as well as I am sure they all agreed to the same terms when they were admitted to the conference. BTW this is a serious subject worthy of discussion and perhaps belongs somewere els.
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Re: Bison get $0 for Tourney Bid
Originally posted by MontanaRabbit View PostThat sucks. I am sure SDSU would have been in the same boat had they made it instead of NDSU.
I assume it was a stipulation of joining the league in that they couldn't share in the NCAA tournament revenue.
What would really suck is if NDSU went on a run and won a couple games because I believe if you win the revenue you get is increased.
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Re: Bison get $0 for Tourney Bid
This has been discussed at length on bisonville but I can share the little I know.
$0 for the first three years in the Summit due to the agreement for membership.
The Summit splits the pie to all the member schools. If a team makes it past the first round, the distribution amount would increase.
great article about this stuff
http://www.dallasnews.com/sharedcont....173e5d7f.html
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Re: Bison get $0 for Tourney Bid
Originally posted by SturgisJeff View PostDoes this affect the SDSU women's team, cause it sounds like it would,
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Re: Bison get $0 for Tourney Bid
Originally posted by Jacks-02 View PostI wouldn't think so because the conference doesn't get a big payout from the women's tourney like it does from the men's. Basically, the participating teams for the Women's NCAA Tournament are given funds to pay for travel/accomodations for each round.
Louisville gets $16M because of the number of games won by Big East teams over the past 6 years.
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Re: Bison get $0 for Tourney Bid
Originally posted by zooropa View PostThere is no payout for the women's teams. There are payouts, apparently, only for the men's baseball & basketball tournaments.
Louisville gets $16M because of the number of games won by Big East teams over the past 6 years.
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Re: Bison get $0 for Tourney Bid
Originally posted by Nidaros View PostI believe a portion, NOT A BIG PORTION, of the CBS contract is set aside by the NCAA to finance D2 and D3 playoffs. I have not been able to find a good search, but I wonder if the women's tourney is not also financed by this set aside portion. This is also the reason that if Augie makes the Elite Eight, its travel costs are covered in full by the NCAA.
http://www.ncaa.org/wps/wcm/connect/...df?MOD=AJPERES
Enjoy reading it.....
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Re: Bison get $0 for Tourney Bid
Originally posted by NDSUstudent;115141
[COLOR=black$0 for the first three years in the Summit due to the agreement for membership.[/COLOR]
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Re: Bison get $0 for Tourney Bid
In the Summit, like most conferences, you don't get more money if you are the school that goes to the tourney. NDSU, SDSU, & IPFW all gave up their share of the basketball payout for three years. Because a share stays in the "system" for six years, our three schools will end up getting 17% of the 2006 share, 33% of 2007, 50% of 2008, 67% of 2009, 83% of 2010, and 100% of 2011's shares onward. Since we weren't even in the conference in 2006 & 2007, and we weren't eligible for the tourney in 2008, I don't think we have a lot of room to complain. In fact, assuming no tournament wins in 2009-10, the arrangement is perfectly fair. Also, both our schools started getting non-basketball NCAA payouts last fall(2008). Those payouts come straight to the school and aren't affected by the agreement we made with the Summit.
BTW, the real winner this year(and for the next 6) is the OVC. With Morehead State's win tonight in the play-in game, they just secured another share of the 2009 pie. That's around $1.5 million for 40 minutes of work(adjusting for future inflation).Last edited by Hammersmith; 03-18-2009, 12:12 AM.
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Re: Bison get $0 for Tourney Bid
Originally posted by Hammersmith View PostIn the Summit, like most conferences, you don't get more money if you are the school that goes to the tourney. NDSU, SDSU, & IPFW all gave up their share of the basketball payout for three years. Because a share stays in the "system" for six years, our three schools will end up getting 17% of the 2006 share, 33% of 2007, 50% of 2008, 67% of 2009, 83% of 2010, and 100% of 2011's shares onward. Since we weren't even in the conference in 2006 & 2007, and we weren't eligible for the tourney in 2008, I don't think we have a lot of room to complain. In fact, assuming no tournament wins in 2009-10, the arrangement is perfectly fair. Also, both our schools started getting non-basketball NCAA payouts last fall(2008). Those payouts come straight to the school and aren't affected by the agreement we made with the Summit.
BTW, the real winner this year(and for the next 6) is the OVC. With Morehead State's win tonight in the play-in game, they just secured another share of the 2009 pie. That's around $1.5 million for 40 minutes of work(adjusting for future inflation).
Good Luck Bison, hope you can win a round or two, and increase the Summit share.
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Re: Bison get $0 for Tourney Bid
Originally posted by Hammersmith View PostIn the Summit, like most conferences, you don't get more money if you are the school that goes to the tourney. NDSU, SDSU, & IPFW all gave up their share of the basketball payout for three years. Because a share stays in the "system" for six years, our three schools will end up getting 17% of the 2006 share, 33% of 2007, 50% of 2008, 67% of 2009, 83% of 2010, and 100% of 2011's shares onward. Since we weren't even in the conference in 2006 & 2007, and we weren't eligible for the tourney in 2008, I don't think we have a lot of room to complain. In fact, assuming no tournament wins in 2009-10, the arrangement is perfectly fair. Also, both our schools started getting non-basketball NCAA payouts last fall(2008). Those payouts come straight to the school and aren't affected by the agreement we made with the Summit.
BTW, the real winner this year(and for the next 6) is the OVC. With Morehead State's win tonight in the play-in game, they just secured another share of the 2009 pie. That's around $1.5 million for 40 minutes of work(adjusting for future inflation).
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