NCAA CFO Kathleen McNeely says NCAA is projecting revenues of $856.2 million for 2013-14 fiscal year— Steve Berkowitz (@ByBerkowitz) October 24, 2013
Not bad work, if you can get it.
Filed under It's Just Bidness, The NCAA
Imagine how much more they could have made if it weren’t for Jay Bilas taking down their search engine efforts to sell Johnny Manziel, er aTm #2, jerseys and other player gear.
The schools make money off of those, not the NCAA. So to answer your question, they wouldn’t make any more.
Tell me again exactly, what is it that the NCAA does to earn $856.2 Million? That body has no athletes and puts on no games on a field, court or track. If anything is a hindrance to those that do. I say blow the organization up, set up a new organization under the umbrella of the major conferences and divide the profits among the conferences and schools without the NCAA grabbing all that money for basically doing nothing positive. Fire Emmert and all those other featherbedding assholes by taking away their honey-pot. Make them get real jobs.
The lion’s share of the money is from March Madness.
But won’t be after the BCS conferences split into their own division. Or, maybe more appropriately, the BCS conferences will be cashing March Madness checks, not the NCAA.
Actually, that’s not true. Only way those numbers change is if the big boys leave the NCAA entirely.
Even if they stay, then the majority of the money would stay within the members of the new division. I think the days of SEC/ACC/B1G basketball effectively subsidizing Butler, Virginia Commonwealth, and UAB are about over.
The contract for March Madness is with the NCAA, not the individual conferences. Revenue distribution won’t change.
The new division is all about protecting the CFB money and giving the big boys more flexibility about how they can spend it.
Short-term, all true. But the motivation is going to move beyond football sooner rather than later.
Could be. But they’d have to blow up the NCAA to do it.
And they use a good bit of it to pay for all the other sports’ tournaments that can’t support themselves. Similar to how a lot of schools’ football programs pay for the other sports that aren’t self sustaining.
I struggle with understanding why a new organization would be any better. Wouldn’t the same puppet masters run the new organization too? I’m not talking about Emmert and his staff. I’m talking about the schools.
Considering how much the schools’ athletic departments make, are you surprised?
The NCAA is to the University of Georgia as the NFL is to the Atlanta Falcons.
The figure of something north of half-a-billion dollars in revenue is said to be expected from the new playoff in college football. I assume (yes, I know) most of this is TV revenue, and the NCAA’s income from this, while substantial is not huge?
Oh…wait, does the above figure already include the Division 1 playoff bucks?
Actually, it’s the same as it is now – nothing.
Thanks….just schools (or conferences?) and our little friends at the WWL and their TV freres?
Mark has had a good sales year and clearly needs moar base compensation, retirement and deferred comp, other reportable comp and nontaxable benefits
It’s (qu)easy to forget the NCAA is a private, non-profit organization …
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