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Post by exodus1500 on Mar 17, 2010 8:31:36 GMT -5
Each game appearance throughout the tournament nets the conference ~1.5 million dollars over 6 yearly installments($222,206). So basically since every league gets an automatic bid, every league gets a minimum of 1.5M a year.
It is pretty important to either be a 2 bid+ league or win a game. If we win one game our conference gets 3 million over 6 years, and if we make it to the sweet 16 this year the Summit gets 4.5 Million over 6 years.
That is quite a drastic amount of money change! This is why it is nice to see centenary leaving and SDU and hopefully NDU coming in in order to get our conference RPI up.
This amount of money getting thrown around gets me wondering though. If small conferences KNOW they have an at large team(say Dayton this year) it is quite advantageous for teams like them to not win their conference tournament championship game.
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Post by dantheman on Mar 17, 2010 13:44:39 GMT -5
Very good point and interesting stats. Nice find. Now those things like Siena winning a game in each of the last two years seem really big.
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Post by exodus1500 on Mar 17, 2010 13:52:10 GMT -5
Another interesting things is that the play in game counts as a game. So in 2005 when we won, we netted the Summit more money than if we had just been served up to one of the 16s as a sacrificial lamb to begin with.
Im not sure how/if that money directly trickles down to the particular school, but I have to assume there is some sort of monetary compensation for the tourney team.
If we go to the sweet 16 I think the Summit OWES us a better Summit TV.... This 16 bit nintendo stuff isnt cutting it.
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Post by blackandgold on Mar 17, 2010 15:14:53 GMT -5
Awesome points, exodus. I had no idea that conferences were awarded that much money. It really shows how meaningful a win is to a school from a mid-major conference. Interesting that the money is paid out over a 6 year span, considering how much a conference can change in its makeup in the amount of time.
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Post by Kim Jong Skillz on Mar 17, 2010 17:28:34 GMT -5
it doesnt matter what conference youre from, but especially when youre from a small conference you NEVER know if youre a lock for an at large bid.
it would NOT be advantageous to not win your conference tournament. depending on how far you go into the tournament & if you won your conference tournament, your school may or may not be awarded more money. your record, determines how much of the money is awarded to your school. if you win your conference tournament &/or your regular season you get the lions share of the money. its not divided among the schools evenly.
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Post by exodus1500 on Mar 17, 2010 18:31:17 GMT -5
it doesnt matter what conference youre from, but especially when youre from a small conference you NEVER know if youre a lock for an at large bid. Im sure Butler was scared they werent going to make the tournament if they lost in their championship game.... and Northern Iowa... and Cornell... and Saint Mary... and Gonzaga...
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Post by Kim Jong Skillz on Mar 17, 2010 18:43:44 GMT -5
it doesnt matter what conference youre from, but especially when youre from a small conference you NEVER know if youre a lock for an at large bid. Im sure Butler was scared they werent going to make the tournament if they lost in their championship game.... and Northern Iowa... and Cornell... and Saint Mary... and Gonzaga... exactly man. so why take the chance? win the tourney & youre in & guaranteed more money.
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Post by Leobrn12 on Mar 17, 2010 22:57:31 GMT -5
The Ivy league doesn't have a conference Tourney, so Cornell got the Auto Bid by winning the regular season.
I also agree, if I was a mid-major even ranked like Butler, I wouldn't tank a game for the conference sake. You just never know with the committee.
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