Explanation of NCAA tournament credits

[IWB]

It has been reported that the BB-7 will keep their NCAA Tournament Credits. If that is true, here goes.....

Here is an explanation of tournament credits with estimated numbers as they pertain to the Big East vs BB-7.
I believe this is accurate. Every round of the NCAA tournament is worth 1 credit. Each credit is worth a little over $220,000 I believe, and credits are paid out over a six year period. There are two ways to look at this.....

1) Are BB-7 schools leaving with the tourney credits they earned themselves?
2) Are BB-7 schools leaving with their "share" of the tourney credits earned by the conference?

If BB-7 schools are leaving with credits earned themselves....

• Marquette - 12 (3, 3, 1, 2, 2, 1)
• Villanova - 12 (1, 2, 5, 3, 1)
• Georgetown - 11 (2, 1, 1, 2, 5)
• St Johns - 1 (1)
• DePaul, Providence, Seton Hall - 0

Total 36 credits

• 2007 - 7 = $1,540,000 ~ divided by 6 years = $256,667 ~ 1 year left = $256,667
• 2008 - 7 = $1,540,000 ~ divided by 6 years = $256,667 ~ 2 years left = $513,334
• 2009 - 7 = $1,540,000 ~ divided by 6 years = $256,667 ~ 3 years left = $770,001
• 2010 - 4 = $ 880,000 ~ divided by 6 years = $146,667 ~ 4 years left = $586,667
• 2011 - 6 = $1,320,000 ~ divided by 6 years = $220,000 ~ 5 years left = $1,100,000
• 2012 - 5 = $1,100,000 ~ divided by 6 years = $183,333 ~ 6 years left = $1,100,000

Total left that BB-7 will leave with = $4,326,669

If BB-7 schools are leaving with their “share” of the tournament credits earned by the conference….

• Louisville - 17 (2, 4, 4, 1, 1, 5)
• Pittsburgh - 13 (3, 2, 4, 2, 2)
• UConn - 13 (1, 5, 6, 1)
• Marquette - 12 (1, 2, 2, 1, 3, 3)
• Syracuse - 12 (3, 3, 2, 4)
• Villanova - 12 (1, 3, 5, 2, 1)
• West Virginia - 12 (3, 1, 5, 2, 1)
• Georgetown - 11 (5, 2, 1, 1, 2)
• Notre Dame - 7 (1, 2, 1, 2, 1)
• Cincinnati - 5 (2, 3)
• South Florida - 3 (3)
• St. John’s - 1 (1)
• DePaul, Providence, Rutgers & Seton Hall – 0

Total Credits = 118

• 2007 – 13 = $2,860,000 ~ divided by 6 years = $476,667 ~ 1 year left = $476,667
• 2008 – 19 = $4,180,000 ~ divided by 6 years = $696,667 ~ 2 years left = $1,393,333
• 2009 – 24 = $5,280,000 ~ divided by 6 years = $880,000 ~ 3 years left = $2,640,000
• 2010 – 16 = $3,520,000 ~ divided by 6 years = $586,667 ~ 4 years left = $2,346,667
• 2011 – 23 = $5,060,000 ~ divided by 6 years = $843,333 ~ 5 years left = $4,216,667
• 2012 – 23 = $5,060,000 ~ divided by 6 years = $843,333 ~ 6 years left = $5,060,000

Total left = $15,656,667 ~ divided by 15 programs = $1,043,778
Total left that BB-7 will leave with = $7,306,445

*IF Pittsburgh, Syracuse, Louisville & Rutgers already negotiated out with no credits, then the total is divided by 11 teams....
The BB-7 would leave with = $9,963,333

The numbers will change as 2007 falls off and 2013 comes in.

[TheSultan]

OK that is less than what was reported...but still significant.

[MKE_GoldenEagleFan]

Forbes had a really nice breakdown that explains how it all works:

http://www.forbes.com/sites/chrissmi...h-9-5-million/

That said I find it hard to believe they would walk away with everyone's tournament credits, that would be a pretty decent chunk of change as I believe the BE was set to make about $24 million this year. Also how much everyone pockets will depend on if they opt to share those credits with the other schools coming in. It will be interesting to see how that shakes out because I know X, Butler and whomever the 10th is will not be bringing their credits with. Butler already left their most valuable credits behind in the Horizon league.

[MKE_GoldenEagleFan]

Looks like in 2011 the Big East Collected $26.1 Million as a conference in NCAA tournament credits:

http://www.businessinsider.com/confe...rnament-2011-4