NCAA revenues down FIFTY PERCENT in 2020

[Go Canes!!]

That is a staggering number.

 

[coffeecane]

Time to let us in.

 

[Canesfan1899]

How is this a surprise to anyone? Cancelled March madness, limited to no attendance for football games, cancellations. It was bound to be a rough year.

 

[canesarchitect]

How is this a surprise to anyone? Cancelled March madness, limited to no attendance for football games, cancellations. It was bound to be a rough year.

Football attendance has very little to do the NCAA's revenue.

 

[TexasCane90]

March madness cancelled

also the national championship game I think is being reported was a flop on views... not shocking no one cares about Alabama winning in a snooze fest

 

[Canes Legacy]

Cancelled March Madness + shortened football season = big losses

 

[ben]

NCAA should hire Manny to spin the data for them

 

[Disgustipated]

I cry no tears for the NCAA cartel.

 

[OriginalCanesCanesCanes]

I haven’t had a chance to read it, is this all revenue, or just revenue from basketball?

 

[RangerGranger]

Ah, the fall of the NCAA


Now I see why that "Knight LLC" lawsuit actually made headlines.

 

[hoops156]

I think the NCAA really profits big time off of the basketball tournament. not sure how much they make on football since its run by the separate conferences who agree to be bound by the NCAA or something

so a few years back, the ncaa made about a 1 billion, but almost 800 mill came from the tournament. the rest were from ticket sales and marketing endorsements (smaller figures). they then pay conferences for each game each of their member school plays in. I know NCAA makes money off of the d2, d3 football but not sure on the amount from d1 (there is no NCAA football championship which is the case for basketball and lower level football).

 

[Trav]

How is this a surprise to anyone? Cancelled March madness, limited to no attendance for football games, cancellations. It was bound to be a rough year.

Surprised it was only 50.. I'm betting it was more.

 

[SPAMM]

I haven’t had a chance to read it, is this all revenue, or just revenue from basketball?

Basically the basketball effect. It is a fiscal year audit so it would have included the 2019 football season, which was intact. The spillover effect was that colleges received $400 million less in revenue from the NCAA.

 

[PredaCane]

Good, since they always want to slam Miami while letting the SEC and others skate on any and everything.

 

[JgDaCane]

Good. **** them.

 

[bolivar]

Figured it'd be more...

 

[AllAboutTheU]

Not sure how some of these school athletic departments are even staying afloat.

 

[Miami[]_[]Smoke]

March madness cancelled

also the national championship game I think is being reported was a flop on views... not shocking no one cares about Alabama winning in a snooze fest

The ncaa doesn’t make any money from the playoffs. The cfp and conferences do

 

[PBJFanatic]

Good. **** them.

Not really. It's bad news for everyone in that network, including Miami. Shocked at how you obviously don't know that as a Canes fan.

Where Does the Money Go?

Where Does the Money Go?

www.ncaa.org

 

[TexasCane90]

The ncaa doesn’t make any money from the playoffs. The cfp and conferences do

The CFP? Lol what?

So your saying the NCAA doesn’t take anything from the contract deals, sponsorships etc??