D
Deleted member 25719
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I don’t think they are going to go bankrupt, but I do think they could lose their role in this machine. The P5 conferences are halfway out of the door from the G5 conferences who are halfway out the door from the non-FBS conferences who are halfway out the door from football and basketball vs all other sports.
March Madness is the NCAA’s primary moneymaker each year, accounting for almost 80% of total revenue. While ticket sales and marketing rights are a lucrative component of March Madness, the NCAA benefits most from the 14-year, $10.8 billion television-rights deal it has with CBS Sports and Turner Sports, which was extended to 2032 for an additional $8.8 billion in 2016.
Granted much of that money goes to participating schools but there are enough crumbs to keep them relevant. There is still much going on with the Power 3 so what happens to their seasons will also go a long way. We’ll see what happens, should be interesting.
I’m not a fan of the NCAA, but they still are strong. This is their March Madness TV deal:So if they couldn’t get their **** together during Covid, what exactly are P5 conferences cutting them in for? $977m of their $1.06bn in revenues are from television rights and tournaments. How much do you think that will go down in the P5 left? $500m doesn’t go very far if that revenue disappears.
March Madness is the NCAA’s primary moneymaker each year, accounting for almost 80% of total revenue. While ticket sales and marketing rights are a lucrative component of March Madness, the NCAA benefits most from the 14-year, $10.8 billion television-rights deal it has with CBS Sports and Turner Sports, which was extended to 2032 for an additional $8.8 billion in 2016.
Granted much of that money goes to participating schools but there are enough crumbs to keep them relevant. There is still much going on with the Power 3 so what happens to their seasons will also go a long way. We’ll see what happens, should be interesting.