Summit League Post-Season

[JackJD]

Re: Summit League Post-Season

My guess is many schools will take into consideration the "advertising and promotional value" from a deep run in the WNIT. The right kind of press is worth a lot of money and sometimes the payoff from games played can extend a ways into the future.

[OldHare]

Re: Summit League Post-Season

On the USD board there is a link to an article that details what Florida Gulf Coast bid to host. They bid just over $31,000 for the Elite 8 game, plus the WNIT gets 85% of the gate and the host keeps 15%. If you charge $25 a ticket, you would need to draw nearly 8300 to break even, not taking into account the other costs associated with hosting. At $30 a ticket, you would need to draw just under 7000.

Is the 85% to be included in the bid or in addition to the bid?

[jackmd]

Re: Summit League Post-Season

On the USD board there is a link to an article that details what Florida Gulf Coast bid to host. They bid just over $31,000 for the Elite 8 game, plus the WNIT gets 85% of the gate and the host keeps 15%. If you charge $25 a ticket, you would need to draw nearly 8300 to break even, not taking into account the other costs associated with hosting. At $30 a ticket, you would need to draw just under 7000.

My understanding is similar. It's a money loser at the gate in most instances. Don't quote me but I believe SDSU lost money on the games they've hosted in the WNIT.

That doesn't mean it isn't worth it. I think it absolutely is worth hosting. Jacks just couldn't match UTEP in the final 4 in 2014 or Wyoming in the elite 8 in 2007.

[hareball]

Re: Summit League Post-Season

On the USD board there is a link to an article that details what Florida Gulf Coast bid to host. They bid just over $31,000 for the Elite 8 game, plus the WNIT gets 85% of the gate and the host keeps 15%. If you charge $25 a ticket, you would need to draw nearly 8300 to break even, not taking into account the other costs associated with hosting. At $30 a ticket, you would need to draw just under 7000.

My guess is that in the above situation, the WNIT cut would be the greater of 85% of the gate or $31,000, which at $20 per ticket would require about 1820 tickets sold to cover the guarantee.

[jackdaniel]

Re: Summit League Post-Season

My guess is that in the above situation, the WNIT cut would be the greater of 85% of the gate or $31,000, which at $20 per ticket would require about 1820 tickets sold to cover the guarantee.

Easy way to figure it.They'll either take $31,000 minimum or, if the gate is greater than that ,they'll take the 85% of the gate,whatever it is, as long as it's more than the $31,000,this is considered the minimum acceptable bid.

Like all bidding processes,your bid has to be greater than everyone else's,so if someone wants to BUY hosting the Championship game,there's nothing stopping them from doing so. How soon after the semi finals are the bids accepted for the Championship game, and how long do you have to submit the bid I wonder,if anyone knows.

[yoteforever]

Re: Summit League Post-Season

My guess is that in the above situation, the WNIT cut would be the greater of 85% of the gate or $31,000, which at $20 per ticket would require about 1820 tickets sold to cover the guarantee.

This

[krak-r-jacks]

Re: Summit League Post-Season

Easy way to figure it.They'll either take $31,000 minimum or, if the gate is greater than that ,they'll take the 85% of the gate,whatever it is, as long as it's more than the $31,000,this is considered the minimum acceptable bid.

Like all bidding processes,your bid has to be greater than everyone else's,so if someone wants to BUY hosting the Championship game,there's nothing stopping them from doing so. How soon after the semi finals are the bids accepted for the Championship game, and how long do you have to submit the bid I wonder,if anyone knows.

i went to the WNIT site and noticed on the form it stated for the semifinal and championship rounds, initial bids must be submitted by Feb. 29, 2016.

[Jacks-02]

Re: Summit League Post-Season

Guessing Yote fans should be pulling for FGC on the other side of the bracket. Likely a better chance at outbidding them rather than going up against Michigan's deeper pockets.

[SanDakotaState]

Re: Summit League Post-Season

Guessing Yote fans should be pulling for FGC on the other side of the bracket. Likely a better chance at outbidding them rather than going up against Michigan's deeper pockets.

Florida Gulf Coast is a really solid team. One of their best players got hurt in the early/middle part of the season and came back towards the end. They have a better argument to be in the NCAA Tournament than USD. I guessing there admin put in the same type of bid as USD if not a better bid. I would rather play Michigan over them even if it was on the road. Regardless they have to get by a tough Oregon team tonight.

[JacksFTW]

Re: Summit League Post-Season

FGCU is hosting Michigan, so I would think it would be easier to host if Michigan won.

[Jacks-02]

Re: Summit League Post-Season

FGCU is hosting Michigan, so I would think it would be easier to host if Michigan won.

Great point, I hadn't looked at the updated bracket after the last games to see FGCU was hosting. Just assumed that since Michigan hosted all previous rounds they would be doing so again.

My bad.

[krak-r-jacks]

Re: Summit League Post-Season

Florida Gulf Coast is a really solid team. One of their best players got hurt in the early/middle part of the season and came back towards the end. They have a better argument to be in the NCAA Tournament than USD. I guessing there admin put in the same type of bid as USD if not a better bid. I would rather play Michigan over them even if it was on the road. Regardless they have to get by a tough Oregon team tonight.

according to the FGC roster, they have one gal over 6' and she is listed at 6'3". should be interesting to see how they handle michigan's freshman hallie thome. she is a good one, although, susceptible to foul trouble from a few of the games i have watched. i noticed FGC is second in DI in defense allowing 49.1 ppg. FGC must really get after it.

as far as bidding, as stated in an earlier post, initial bids for semifinal and championship games had to be in by Feb 29. does the wnit allow for adjustments as long as you keep winning? i have no idea how that works. if so, i would have a difficult time believing a school like michigan would allow the championship game being played on the road-----provided michigan wins. i could be wrong, though.

[jackdaniel]

Re: Summit League Post-Season

i went to the WNIT site and noticed on the form it stated for the semifinal and championship rounds, initial bids must be submitted by Feb. 29, 2016.

Wonder if the word initial added to bids provides for a little leeway,in other words,can the initial bids be upgraded....or not??

[IowaRabbit]

Re: Summit League Post-Season

Sounds like the Yotes are hosting the championship game on Saturday. What a butt kicking tonight!

[mitchellrabbit]

Re: Summit League Post-Season

Congrats to the yotes and if they win it, its a nice consolation prize. Id still rather be in the Big Dance and lose and done or as with us, win one and done. Nobody in america know about this except around here. A lot of people in the country saw our games on espn. Sure it was a lot of fun 2 years ago but it still isnt better than the ncaa tourney.