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Ohio Basketball
Topic:  Tournament Pay Out

Topic:  Tournament Pay Out
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71 BOBCAT
General User

Member Since: 12/20/2004
Post Count: 1,903

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  Message Not Read  Tournament Pay Out
   Posted: 4/7/2012 8:18:36 PM 
Does anyone know how much we earned by getting to the Sweet Sixteen this year?





GO BOBCATS
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Ohio69
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Member Since: 12/20/2004
Post Count: 3,062

Status: Offline
  Message Not Read  RE: Tournament Pay Out
   Posted: 4/7/2012 8:47:18 PM 
Somewhere around $40,000 this year.  No joke.


Can somebody hit a pull up jumper for me?.....

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mf279801
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Member Since: 8/6/2010
Location: Newark, DE
Post Count: 2,472

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  Message Not Read  RE: Tournament Pay Out
   Posted: 4/7/2012 11:58:36 PM 
but the NCAA pays our travel expenses, room/board, etc, so the athletic department isn't out the cash it would have cost us to participate in the NIT/CBI/CIT.
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OUVan
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Member Since: 12/20/2004
Location: Bethesda, MD
Post Count: 5,580

Status: Offline
  Message Not Read  RE: Tournament Pay Out
   Posted: 4/8/2012 10:06:06 PM 
Ohio69 wrote:
Somewhere around $40,000 this year.  No joke.




The payouts are done over a five year period or something like that so while we only receive $40K this year we also are receiving payouts for four other years as well.  At least, that's my understanding.
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crackerbaby00
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Member Since: 3/8/2007
Post Count: 442

Status: Offline
  Message Not Read  RE: Tournament Pay Out
   Posted: 4/8/2012 10:29:21 PM 
OUVan wrote:
Ohio69 wrote:
Somewhere around $40,000 this year.  No joke.




The payouts are done over a five year period or something like that so while we only receive $40K this year we also are receiving payouts for four other years as well.  At least, that's my understanding.


I believe it is a 6 year period.

Also, there is some question about the amount of this years $5.7 million purse for the MAC that Ohio will receive.  if it is half (which has been stated), that would mean that the payout for this year would be $475k, plus whatever we receive from the other 5 years involved with the payout. 
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Ohio69
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Member Since: 12/20/2004
Post Count: 3,062

Status: Offline
  Message Not Read  RE: Tournament Pay Out
   Posted: 4/9/2012 8:29:17 AM 

We won't receive half.    Doesn't bother me though.

Can somebody hit a pull up jumper for me?.....

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Ozcat
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Member Since: 1/4/2005
Location: Gahanna, OH
Post Count: 820

Status: Offline
  Message Not Read  RE: Tournament Pay Out
   Posted: 4/9/2012 2:43:45 PM 
It should bother you.  The fact that we are not getting AT LEAST half is beyond ridiculous.  You know that feeling you have the next day after you did a shuffle on Court?  Yeah, I get that thinking about how NIU, CMU, and Miami are going to get a piece of the money that the MAC only received because of our efforts.  Absolutely disgusting.
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Piney
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Member Since: 2/3/2005
Location: Avon Lake, OH
Post Count: 135

Status: Offline
  Message Not Read  RE: Tournament Pay Out
   Posted: 4/9/2012 4:40:11 PM 
Ozcat wrote:
It should bother you.  The fact that we are not getting AT LEAST half is beyond ridiculous.  You know that feeling you have the next day after you did a shuffle on Court?  Yeah, I get that thinking about how NIU, CMU, and Miami are going to get a piece of the money that the MAC only received because of our efforts.  Absolutely disgusting.


Heck, I would settle for 25% compared to what they are going to do. Per Arkley a week or so ago the Tournament money is split evenly. It's the TV money that is split based on performance and such things.

Now THAT is disgusting

"If someone told me 20 years ago in my James Hall Dorm room that I would be the commencement speaker I would have told them to get out of here and make sure you put that towell back under the door"

- Matt Lauer '97 Commencement Speech
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Ohio69
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Member Since: 12/20/2004
Post Count: 3,062

Status: Offline
  Message Not Read  RE: Tournament Pay Out
   Posted: 4/9/2012 4:55:52 PM 
Ozcat wrote:
It should bother you.  The fact that we are not getting AT LEAST half is beyond ridiculous.  You know that feeling you have the next day after you did a shuffle on Court?  Yeah, I get that thinking about how NIU, CMU, and Miami are going to get a piece of the money that the MAC only received because of our efforts.  Absolutely disgusting.


Well, I guess we do need something to complain about.  I want my two dollars!  Two dollars.....!




Can somebody hit a pull up jumper for me?.....

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Deciduous Forest Cat
General User

Member Since: 12/20/2004
Location: Ohio
Post Count: 4,470

Status: Offline
  Message Not Read  RE: Tournament Pay Out
   Posted: 4/9/2012 7:01:23 PM 
Piney wrote:
Ozcat wrote:
It should bother you.  The fact that we are not getting AT LEAST half is beyond ridiculous.  You know that feeling you have the next day after you did a shuffle on Court?  Yeah, I get that thinking about how NIU, CMU, and Miami are going to get a piece of the money that the MAC only received because of our efforts.  Absolutely disgusting.


Heck, I would settle for 25% compared to what they are going to do. Per Arkley a week or so ago the Tournament money is split evenly. It's the TV money that is split based on performance and such things.

Now THAT is disgusting


That's fantastic news! Wake me up when there's some TV money to share.
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