Saturday, March 19, 2016

ACC and NCAA tourney



http://www.tomahawknation.com/2016/3/19/11269070/economics-of-the-2016-ncaa-basketball-tournament

"So what does this mean for FSU, and since the ACC splits the money evenly, are the Noles propping up other programs or vice versa?
Last year's tourney was the best in ACC history. The ACC played in 21 eligible games, which is remarkable, considering the previous year saw only nine games. Already in 2016 the ACC is guaranteed to play in at least 13, so times are good.
Regardless, here's how that distribution looked after last year. Each unit from this year's tournament is worth $265,791, though past units are not worth quite as much. For simplicity, we'll average them out and assign each unit (game played) with a value of $258,000.
201020112012201320142015TotalValue
Duke53141519$4,902,000
North Carolina4422315$3,870,000
NC State31138$2,064,000
Florida State1326$1,548,000
Virginia1326$1,548,000
Notre Dame44$1,032,000
Louisville44$1,032,000
Clemson123$774,000
Miami33$774,000
Maryland22$516,000
Wake Forest22$516,000
Georgia Tech22$516,000
Syracuse22$516,000
Boston College0$0
Virginia Tech0$0
Pittsburgh0$0
1312111092176$19,608,000

So last year's conference distribution was $19,608,000, or $1,307,200 per team. FSU had brought in $1,548,000 over the six-year window, and thus was slightly subsidizing ACC teams, though not nearly to the tune of North Carolina or Duke. Eleven teams all brought in less than they received."

1 comment:

  1. Good job by FSU, but a little misleading since Syracuse, Pitt, Notre Dame and Louisville all had to forfeit their NCAA units prior to joining the ACC (if they had been allowed to bring them, those would all be ahead of FSU, and the per team payout would be quite a bit higher).

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