CBI and CI postseason tournaments

[BUconnorD]

It would be INSANE to turn down the chance for another 20-win season and tournament experience for our young guys on the basis of either arrogance or economics. No matter what you think of these tourneys, "4 straight 20-win seasons" is a nice thing to be able to say to recruits. Especially since 5, 6, and 7 look like they're pretty good bets.

not to mention we could get some playing time for Taylor brown Darian Norris, and dare i say it....AT???????

[lake Camelot]

Home Games?

I looked up the dates for games in the CBI and CI to see if we had available civic center for all games.It looks like we do. That is unless it takes several days to set up for the IHSA. One week the games would be Monday or Tuesday and the IHSA is scheduled for friday. I hope the CIVIC CENTER website is correct on it's schedule.

[VeveJones007]

It would be INSANE to turn down the chance for another 20-win season and tournament experience for our young guys on the basis of either arrogance or economics.

I don't think you realize just how badly the economy is affecting most colleges and universities. I have family members working in multiple universities and the least I can say is that their departments are being asked to cut expenses any chance they get due to the economy.

Unlike last year, I would have no problem if Bradley analyzes its own situation and doesn't want to take on the risk of one of these tournaments. However, if the CI.com tourney is half the price of the CBI, I can't see how Bradley couldn't make its money back there.

[braveatheart]

Just curious braveatheart if you don't think this tournament is worth playing or if you feel the economy can hurt our participation more than it would help it. I know you said before that playing extra games is a good thing, but I'm observing a bit of hesitation on your part by the tone of your original post. However I may be way off base so feel free to correct me if I'm wrong.

Oh, don't get me wrong, I am all for it. The only downside I can see is potentially cost. My guess is it probably won't cost too much.
I don't know Bradley's money situation this year. A lot of business and non-profits and goverments are looking at cutting budgets 5% or more. If that is the case for the athletic director then he would have to decide wether he can work this into the budget or not.
Endowments are down significantly, I would guess donations are down and I suspect BU has to watch costs even in the best of times. If I was Ken Kavanaugh and had to decide between the CBI and laying off 1 employee, I would have a very tough decision to make. When you are the one who has to lay someone off or cut everyones pay you look at things a little differently. Maybe we are not in that situation, I don't know.
Bradleybrave said, the CI is half the cost of the CBI. I am sure that will be a factor for a lot of schools. Maybe even Bradley.
If we can swing it financially, I am all in.

[thefish7]

If we are "invited," then I want in. I think you can sell the tickets if you publicize it and reduce rates accordingly. Last year we had almost no time to organize for the CBI. For what it's worth, both players I talked to in StL thought that we were in for one of the tourneys.

[shaunguth]

I looked up the dates for games in the CBI and CI to see if we had available civic center for all games.It looks like we do. That is unless it takes several days to set up for the IHSA. One week the games would be Monday or Tuesday and the IHSA is scheduled for friday. I hope the CIVIC CENTER website is correct on it's schedule.

I posted this in the CBI & CIT mentioned on Fox Sports thread last week....

FWIW, the Peoria Civic Center is currently available for the first three rounds of the CBI. However, only the date for the opening game of the championship series is available as the Rivermen are playing on the other two nights.

It does appear all dates for the CI tournament are open and maybe that would come into play when deciding which tournament would be best.

[basketball nut]

When you talk about money for these tournaments has anyone asked about the cost of playing in the NCAA. I have read where each team is required to purchase a minimum # of tickets and most teams end up losing money if they get past the 1st round and definetly if they make it the final 4 where each college is required to purchase tickets (read one place it is 2500 but do not know for certain-could be more or less but still a significant #) & make sure their pep band is their also. You end up w/a large travel, motel, & food bill w/ team, school officials, cheerleaders, & band. Most teams lose money.
Having said that I would take either of these other tournaments even if we would loose money although I wouldn't want it to be much in these times.
Also does anyone know for certain if they consider the regular season over so AW could play in one of these types of tournaments since they are not NCAA athough they are NCAA approved? Need an answer for this.

[braveatheart]

I was under the impression that the NCAA is a big money maker for the schools involved. It use to be and maybe still is, a big money maker for the schools conference.
It seems like last I heard the payoff is something like $450,000 of which half goes to the school and half to the schools conference to be divided equally among the members. Not sure about this but that is how I remember it.
Not sure how the NIT works. Anybody know?

[amettrick]

I'm all for playing in one of these tournaments. Although I would say that it's only really worth it if we give AT and DN significantly more (or in AT's case, any) minutes to give them a chance to develop via actual competition.

[Da Coach]

I was under the impression that the NCAA is a big money maker for the schools involved. It use to be and maybe still is, a big money maker for the schools conference.
It seems like last I heard the payoff is something like $450,000 of which half goes to the school and half to the schools conference to be divided equally among the members. Not sure about this but that is how I remember it.
Not sure how the NIT works. Anybody know?

I don't know exact amounts, but each game a team plays in the NCAA tournament earns around a million dollars. So if a team wins 2 and loses in the Sweet 16, they will earn around 3 million. The money comes from ticket sales, but most is from the sales of TV rights by the NCAA.
If that school was an independent school, they could keep it all. Each conference has different revenue-sharing agreements, but in the MVC, essentially all of it goes to the conference and is shared by the schools.

The NIT pays far less. They basically cover team expenses, and a small payout of a few thousands dollars for each game played.

The CBI agreed separately with each school on what kind of revenue the school would get from each game, and that differed based on whether it was a home game, and how much ticket revenue was guaranteed. I heard Bradley broke even from the CBI, despite playing more games than anyone except Tulsa. Some teams in the CBI lost money.

[basketball nut]

I don't know exact amounts, but each game a team plays in the NCAA tournament earns around a million dollars. So if a team wins 2 and loses in the Sweet 16, they will earn around 3 million. The money comes from ticket sales, but most is from the sales of TV rights by the NCAA.
If that school was an independent school, they could keep it all. Each conference has different revenue-sharing agreements, but in the MVC, essentially all of it goes to the conference and is shared by the schools.

The NIT pays far less. They basically cover team expenses, and a small payout of a few thousands dollars for each game played.

The CBI agreed separately with each school on what kind of revenue the school would get from each game, and that differed based on whether it was a home game, and how much ticket revenue was guaranteed. I heard Bradley broke even from the CBI, despite playing more games than anyone except Tulsa. Some teams in the CBI lost money.

Are you sure about those numbers DC? I read an article about when GM went to the final four and how they said they lost money because of all the expenses involved. ( I wish I could find that article) Of course that might just be if you make it to the final 4 where you are required to do more things. I remember the article telling about all of the requirements they had to meet and it was amazing including some big parties they were required to hold for free. Again I wish I could find that article.

[Da Coach]

The exact amounts are not made public, but there is a lot of money brought in by the NCAA tournament- well over $500 million the last couple years. All team expenses are paid by the NCAA, and there is quite a bit of additional revenue on top of that, which multiplies by the number of games a team plays. For some conferences, the money their teams get for the NCAA tournament is the largest source of income for the league.

However, what you read about George Mason may be true- the actual schools do not get the money, it goes to the conferences. So in some cases, especially where a team might rack up a lot of additional expenses, they could lose money. Here is an article about how this can happen--

http://www.dallasnews.com/sharedcontent/dws/spt/colleges/national/tournament/topstories/stories/040408dnspofinalfourexpenses.3be69fc.html

Only certain expenses are covered by the NCAA. Most schools sponsor expensive parties for their boosters, and since the ticket allotment is so small for each school, many schools are forced to buy extra tickets for their players' families and for boosters, and that can get very expensive.

[basketball nut]

The exact amounts are not made public, but there is a lot of money brought in by the NCAA tournament- well over $500 million the last couple years. All team expenses are paid by the NCAA, and there is quite a bit of additional revenue on top of that, which multiplies by the number of games a team plays. For some conferences, the money their teams get for the NCAA tournament is the largest source of income for the league.

However, what you read about George Mason may be true- the actual schools do not get the money, it goes to the conferences. So in some cases, especially where a team might rack up a lot of additional expenses, they could lose money. Here is an article about how this can happen--

http://www.dallasnews.com/sharedcontent/dws/spt/colleges/national/tournament/topstories/stories/040408dnspofinalfourexpenses.3be69fc.html

Only certain expenses are covered by the NCAA. Most schools sponsor expensive parties for their boosters, and since the ticket allotment is so small for each school, many schools are forced to buy extra tickets for their players' families and for boosters, and that can get very expensive.

Thanks DC as that is one of the articles I seen and I am sure I seen another one about GM also. It is expensive as a small college to be in one of these final four's but still would be fun and I would think worth it in the long run.

[BRADLEY FAN 49]

It seems to me I heard when B.U. beat purdue to win the N.I.T. they recieved $100,000. plus expenses.Does anyone else remember anything different.

[BU RICK]

I remember the game and the season we had to this day We got no love from the NCAA because I think we had an undefeated conference schedule. But I think the NCAA only took 32 teams back then and we lost the MVC championship game We had no problem with our NIT run, and I really do believe we could have won the NCAA championship that year.