• Loading stock data...
Tuesday, April 7, 2026

How Conferences Cash In on March Madness 

The NCAA “unit” system for men’s and women’s basketball pays out hundreds of millions for both tournaments combined.

Kirby Lee-USA TODAY Sports

The NCAA Division I men’s and women’s basketball tournaments can earn conferences and their schools millions through the “units program,” a prize pool paying out hundreds of millions of dollars based on how far teams advance. 

This year, the men’s tournament will offer more than $220 million, while the women’s tournament will offer about $20 million. 

Here’s how it works: Each conference receives a payment for its automatic qualifier, or conference tournament champion. Then, the “units,” or slices of the overall prize pool are awarded to the conference of each team that receives an at-large bid. All schools earn an additional unit for each round they advance. New this year: Schools will earn one unit for advancing to the championship game, and another for winning the title. 

Men’s Tournament Units

Last year, the SEC earned a record $26 million on Selection Sunday when it sent 14 teams (13 of which were at-large programs) to the men’s Big Dance. While the SEC is sending fewer programs this year, it still ranks at the top of all conferences in both bids and earnings with 10 overall schools, followed by the Big Ten with 9, and the Big 12 and the ACC with 8 each.

However, conferences don’t get that money up-front—they’re paid out on a six-year rolling basis. What’s more, each conference has a different way of divvying up the payouts. The ACC, for example, has promised to give all the money to the specific schools that earn them, while other conferences divide them equally among all schools, even those that don’t make the tournament. 

Women’s Tournament Units

After the NCAA signed a new and more lucrative media rights deal, the NCAA began offering units for  the women’s basketball tournament in 2025. The program was heralded by coaches as the most important step in the battle for equity in college basketball.

For the women’s tournament, the unit distribution rules are the same, though the money is paid out on a three-year rolling basis, rather than a six-year basis. The pool is also smaller than the men’s. However, the percentage of the media rights deal offered to the women as units is the same percentage as that offered to the men’s tournament when their media deal started: 26%.

For the women’s tournament, the Big Ten is sending the most programs with 12, led by overall No. 2 seed UCLA. The SEC follows with 10, the ACC with 9, and the Big 12 with 8.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Michigan Wolverines forward Yaxel Lendeborg (23) celebrates the team’s NCAA men's basketball tournament national championship victory Monday, April 6, 2026, after defeating the UConn Huskies 69-63 at Lucas Oil Stadium in Indianapolis.

Michigan’s $10 Million Roster Was Enough to Win a Title

UConn spent millions more, but the Wolverines spent where it mattered.
Michigan head coach Dusty May does an interview on stage as the team celebrates beating Connecticut to win the NCAA national championship at Lucas Oil Stadium in Indianapolis on Monday, April 6, 2026.

Michigan’s Basketball Title Follows Scandal-Ridden Football Season

Michigan fired football coach Sherrone Moore in December.
Apr 22, 2022; Chicago, Illinois, USA; Chicago Bulls executive vice president of basketball operations Arturas Karnisovas (right) talks with general manager Marc Eversley (left) before game three of the first round for the 2022 NBA playoffs against the Milwaukee Bucks at United Center. Mandatory Credit: Kamil Krzaczynski-USA TODAY Sports

Bulls Finally Pull Plug on Karnišovas–Eversley Era

The move comes one week after the Bulls waived Jaden Ivey.

Featured Today

Mar 28, 2026; Houston, TX, USA; Illinois Fighting Illini forward David Mirkovic (0) and center Tomislav Ivisic (13) react in the second half against the Iowa Hawkeyes during an Elite Eight game of the South Regional of the men's 2026 NCAA Tournament at Toyota Center.

Loopholes Enable Int’l College Basketball Players to Cash In

Schools have scrambled to find a way to compensate international players.
April 1, 2026

‘The Sonics Never Died’: The Long Afterlife of Seattle NBA Merch

Inside “the largest team shop for a team that doesn’t exist.” 
Mar 27, 2026; Washington, DC, USA;UConn Huskies forward Tarris Reed Jr. (5) dunks the ball against the Michigan State Spartans in the second half during a Sweet Sixteen game of the East Regional of the men's 2026 NCAA Tournament at Capital One Arena
March 28, 2026

March Madness Coaches Debate ‘Blueblood’ in NIL Era

The term’s meaning was up for debate at men’s March Madness.
Maxime Vachier Lagrave
March 25, 2026

The Planet’s Best Chess Players Are Having Their LIV Golf Moment

Chess’s most prestigious tournament is battling a splashy Saudi event.

Michael Malone Set to Be Next North Carolina Basketball Coach

Malone was working as an NBA analyst for ESPN.
April 6, 2026

UConn, Michigan Assistants Pull Double Duty Ahead of Title Game

Luke Murray and Justin Joyner have already taken head coaching jobs elsewhere.
April 6, 2026

Dusty May Leaves Door Cracked for NBA Jobs

May has signed two contracts in two years at Michigan.
Sponsored

Baseball Is Back: MLB Opening Day Prices Soar

MLB Opening Day ticket prices are at record highs. TickPick data breaks down demand, pricing trends, and where fans are paying the most.
April 5, 2026

UCLA Wins First NCAA Title in Resounding Blowout

The Bruins won an AIAW title in 1978.
April 5, 2026

Alex Karaban Ignored the Portal. Now He Could Make History

‘Unrestricted free agency’ never appealed to Karaban.
April 5, 2026

Tarris Reed’s Jump to UConn Helped Both Teams to the Title Game

Reed played his first two seasons at Michigan. 
Michigan basketball
April 5, 2026

Michigan Positions Big Ten for Potential National Title Trifecta

Michigan can win the Big Ten’s first men’s basketball national title since 2000.