NCAA Tournament Revenue
Posted: Tue Mar 15, 2016 12:56 pm
Heard this twice on ESPN Radio this morning (Mike and Mike and Dan Lebatrd Show).
The NCAA, with advertising revenues and production of CBS and it's networks, make so much money during the NCAA Tournament is ridiculous. Between ticket sales, parking, concessions, souvenirs, etc and after paying for all its expenses back to the participating universities, the NCAA Tournament is a cash cow.
ESPN reported that if the NCAA could give every athlete on every basketball team, all 347 teams, just 10 percent of what it makes on the tournament. Just 10%, keeping 90% for itself, that each athlete would get over $79,000. Wow!!
The NCAA, with advertising revenues and production of CBS and it's networks, make so much money during the NCAA Tournament is ridiculous. Between ticket sales, parking, concessions, souvenirs, etc and after paying for all its expenses back to the participating universities, the NCAA Tournament is a cash cow.
ESPN reported that if the NCAA could give every athlete on every basketball team, all 347 teams, just 10 percent of what it makes on the tournament. Just 10%, keeping 90% for itself, that each athlete would get over $79,000. Wow!!