According to Rivals, the payout this year is $1.9 million per game, so we are currently at $5.7 million earned for the conference at this point. That boils down to $475k per school. Is is correct, however, that the payouts occur over a 6 year period.
If I did my math correctly, game played in this year's tournament generates $158k for each MAC school. That is paid out over 6 years, so each school receives roughly $26,333 each year from the NCAA. While this does not seem like a lot, you have to also factor in that the conference is also being paid for the other 5 years that are included in the rolling payouts.
It is easy to see how the payouts can add up when league receive more than 1 bid in a year. As the article stated, the Big East will receive more than $15 million just for the teams that made it into the field of 64 (after the First Four were played). If the MAC were able to receive just a 2nd bid each year, and those teams were able to win at least 1 game between them, we would be looking at similar payouts that Ohio has earned this year. If both teams were able to get past the first weekend, it would be looking at more than $79,000 for each school, per year. Over a 6 year period of similar results, that is an extra $474,000 to each school each year. A nice chunk of change to help keep successful coaches from leaving for another mid-major or a lower tier Big 6 school.
http://rivals.yahoo.com/ncaa/basketball/news?slug=ys-forbes-final_four_trip_worth_millions_031412
Last Edited: 3/19/2012 9:53:27 PM by crackerbaby00