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Post by sprout203 on May 13, 2023 6:04:32 GMT -6
Educate me on this. Which sport would generate more revenue for JSU with a post season appearance Football, Basketball or Baseball? I am talking an average bowl game vs NCAA tournament bid. I know in basketball the school gets some sort of revenue for x years from the NCAA but the bowl game is one and done. No clue on Baseball payout.
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Post by jsualumnus on May 13, 2023 15:57:56 GMT -6
Football. Just my uneducated guess…
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Post by toooldtocare on May 14, 2023 15:47:38 GMT -6
No difference, because post-season revenues net of expenses are paid to the conference. The conference allocates all net revenues evenly among member institutions. March madness normally has the greatest net payout to conferences by a wide margin.
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Post by sprout203 on May 15, 2023 14:29:20 GMT -6
No difference, because post-season revenues net of expenses are paid to the conference. The conference allocates all net revenues evenly among member institutions. March madness normally has the greatest net payout to conferences by a wide margin. So does the team that is in the tournament get more than the rest of the conference?
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Post by toooldtocare on May 15, 2023 14:32:53 GMT -6
No difference, because post-season revenues net of expenses are paid to the conference. The conference allocates all net revenues evenly among member institutions. March madness normally has the greatest net payout to conferences by a wide margin. So does the team that is in the tournament get more than the rest of the conference? No. Only expenses for the appearance.
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Post by Whup Em All on May 16, 2023 8:05:59 GMT -6
So does the team that is in the tournament get more than the rest of the conference? No. Only expenses for the appearance. Do they get more from the NCAA, no. But it's actually up to each individual conference how they divvy up the revenue. Some DO reward the school with a slightly larger amount, but in most cases, it's just a slight bump. The idea is to share the wealth so the lesser programs can step up their game. If you give too much to the winning schools, you run the risk of perpetuating their dominance. And no one wants that, except the winning schools.
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Post by jsumania on May 17, 2023 11:26:26 GMT -6
Basketball - you aren't making a whole lot of actual revenue unless you're getting enough ticket sales. Ticket sales are the backbone. Donors and advertisers are also a big part of it. And of course revenue from any media deals, which is scant unless your a P5 or the Big East.
Making it to the NCAA Tournament is what creates a windfall. Just making it to the first round brings in about $345,000 to the conference, that gets paid out for 6 years (totaling about $2.07 million). That gets divided up between the schools in the conference though.
Every other round a team makes it to is an additional $345,000 per round... again being paid out over 6 years and divided by the conference.
Football - football is about the same as basketball. You aren't making a lot of actual revenue unless your gate sales are pretty high OR if your conference has a great media deal. And again, having donors and advertisers. Otherwise, the program is most likely breaking even.
What helps in football is when a conference finishes higher in the CFP conference rankings. They have a formula that is unknown for determining which conferences get distributed more money. This past season, the AAC and SBC were the top two earners of CFP revenue among the G5, based on their on-field results. In general, you're looking at anywhere between $1.5 million to $5 million being paid out to each school in a conference, depending on how the conferences rank AND how many schools are in each conference.
Making it to a NY6 Bowl is an additional $4 million for your conference to divide up. Making it to the CFP is $6 million. The participating school also receives $2.85 million to cover expenses to participate in the game.
With the new CFP format in 2024, I'm not sure how the distribution will look.
Bowl games do also have a wide range different payouts based on the bowl, but the payouts you see on sports websites aren't exactly accurate. For one, the payout is given to the conference to once again distributed to its members. The payout doesn't go directly to the bowl participants. Secondly, the payout is based on ticket sales. Let's say Jax State plays in a bowl game that has a payout of $500,000. And let's say Jax State has to buy an allotment of 15,000 tickets to sell. Selling out your allotment means you're in great shape. But let's say Jax State only sells 10,000 of those tickets. Well, someone has to pay for the 5,000 unsold tickets. Usually the conference will absorb that cost, but it's going to come out of your bowl payout.
Your school could actually lose money if you don't sell enough tickets, because the final payout may turn out to be very low... in some cases, not enough to cover for paying for hotels, food, travel, etc. for the team and staff. And that has happened many times before for various schools. But they deal with it because playing in a bowl is worth the national brand opportunity.
Lastly, a conference gets paid $300,000 for every school that makes it a bowl games that meets APR requirements.
Baseball - this sport is considered a revenue sport, but it's almost strictly based on if your conference has a great TV deal for baseball (which most don't unless it's the SEC), or if your gate sales are high. Besides that, there is no additional payouts. No one gets paid for making it to a NCAA Regional. No one gets paid for even making it to the College World Series. So there's that.
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Post by Whup Em All on May 17, 2023 11:51:33 GMT -6
Basketball - (snip) Every other round a team makes it to is an additional $345,000 per round... again being paid out over 6 years and divided by the conference. One important caveat: The bonus stops at the Final Four. There's no additional money paid to the conference for making it to the NCAA Championship Game. Baseball - this sport is considered a revenue sport, but it's almost strictly based on if your conference has a great TV deal for baseball (which most don't unless it's the SEC), or if your gate sales are high. Besides that, there is no additional payouts. No one gets paid for making it to a NCAA Regional. No one gets paid for even making it to the College World Series. So there's that. I saw a breakdown of NCAA sports revenues *somewhere* a few weeks ago. Baseball (for all NCAA D-I schools combined) came out in the black, but only by a couple hundred thousand. The obvious takeaway was that MOST schools are in fact losing money on baseball. All other sports other than the three you've mentioned are money-losing ventures.
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Post by redcocks on May 18, 2023 10:16:14 GMT -6
Basketball - (snip) Every other round a team makes it to is an additional $345,000 per round... again being paid out over 6 years and divided by the conference. One important caveat: The bonus stops at the Final Four. There's no additional money paid to the conference for making it to the NCAA Championship Game. Baseball - this sport is considered a revenue sport, but it's almost strictly based on if your conference has a great TV deal for baseball (which most don't unless it's the SEC), or if your gate sales are high. Besides that, there is no additional payouts. No one gets paid for making it to a NCAA Regional. No one gets paid for even making it to the College World Series. So there's that. I saw a breakdown of NCAA sports revenues *somewhere* a few weeks ago. Baseball (for all NCAA D-I schools combined) came out in the black, but only by a couple hundred thousand. The obvious takeaway was that MOST schools are in fact losing money on baseball. All other sports other than the three you've mentioned are money-losing ventures. I think what helps JSU is not having a grass field. There a lot of expenses having grass . That was a smart decision to eliminate that expense.
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