• Loading stock data...
Friday, July 12, 2024

NCAA Tournament Risks Realized at ACC, Big 12

  • Just a day apart, Duke, Virginia, and Kansas men’s basketball pulled out of the ACC and Big 12 conference championship tournaments.
  • The risk of teams contracting COVID and losing March Madness eligibility may negatively impact revenue.
Amy Kontras-USA TODAY Sports/Design: Alex Brooks

Just a day apart, Duke, Virginia, and Kansas men’s basketball pulled out of the ACC and Big 12 conference championship tournaments after team members tested positive for COVID-19.

While holding the tournaments has potential to reward conferences financially, the risk of teams contracting COVID and losing March Madness eligibility may also negatively impact revenue.

Conferences reap millions in revenue from media rights for men’s basketball championship tournaments. If ratings are high, some conferences can earn extra, Katie Davis, a CPA who works for D-I conferences, told FOS College.

However, playing in conference tournaments may cost Duke, Virginia, and Kansas their NCAA tournament berths. Each team needs at least five non-quarantined players to submit seven consecutive negative tests to be eligible. 

With fewer teams in March Madness, an entire conference’s bank account can suffer.

Conferences garner funds — called “units” — from sending as many teams as possible to the NCAA tournament. In 2021, Division I schools could receive a combined $613 million from NCAA distributions, some of that representing NCAA tournament unit earnings.

Virginia said it’s “exhausting all options” to compete in March Madness, and Kansas said it will prepare for the tournament “in a unique way.” Duke has not made a definite statement, though its fate hangs in the balance anyway as a bubble team.

Copy Link
Link Copied
Link Copied

What to Read

The Mississippi Department of Human Services on Monday sued retired NFL quarterback Brett Favre along with several other people and businesses to try to recover millions of misspent welfare dollars that were intended to help some of the poorest people in the U.S.

Judge in Mississippi Welfare Case Boots Brett Favre’s Lead Lawyer

The judge wrote he had a ‘pattern and practice of delicate deception.’

‘Where’s truTV?’ March Madness Channel Is Now TNT Sports’ New Star

Warner Bros. Discovery will make its sports emphasis on truTV ‘even more pronounced and consistent.’

Missouri Steps Up Efforts to Keep Chiefs, Royals From Moving to Kansas

Missouri Gov. Mike Parson is getting personally involved in efforts to retain the two local pro teams.

Big 12’s New Era Kicks Off: Expansion, Private Equity, and Global Ambitions

The new 16-team conference is holding media days in Las Vegas.
podcast thumbnail mobile
Front Office Sports Today

Warner Bros. Discovery Faces Final Decision on NBA Rights


Featured Today

NFLPA Report Cards Have Become the ‘Talk of the Locker Room’ Across..

NFLPA report cards have become the ‘talk of the locker room.’
July 7, 2024

The New College Sports Insiders Are Graphic Designers

Joe Tipton and Hayes Fawcett have become premier news-breakers on social media.
Oct 27, 2023; Sacramento, California, USA; A general of the Sacramento Kings logo on the court before the game against the Golden State Warriors at Golden 1 Center.
July 6, 2024

How Sports Went From Private Equity Punchline to Coveted Asset Class

Once an industry punchline, sports are now a coveted asset class.
July 2, 2024

Willie Mays’s Humility Was Key to His Genius

Mays took heat from all sides, and handled it his own way.

Pac-12 Media Days Evolve Into a Cocktail Party at the Bellagio

The two-team ‘zombie conference’ is still hosting a football media day.
July 8, 2024

Dan Hurley Finally Has New UConn Deal After Dramatic Offseason

Hurley is now the second-highest-paid coach in college basketball. 
July 9, 2024

Arch Manning Will Be in EA’s ‘College Football 25’ After All

The NCAA’s most famous backup had previously opted out.

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 2, 2024

Navigating College Football’s 2024 Realignment Landscape: What’s Next?

Conferences are officially adding schools this summer.
April 13, 2024; Columbus, Ohio, USA; Ohio State Buckeyes wide receiver Emeka Egbuka (2) catches a pass for the scarlet team while defended by cornerback Jordan Hancock (7) of the grey team during the first half of the LifeSports Spring Game at Ohio Stadium on Saturday.
July 1, 2024

As NIL Turns Three, Collectives and Football Still Control the Industry

Collectives dominate NIL, and football makes up most of collective budgets.
June 30, 2024

As Realignment Becomes Official, the Power 5 Era Is Over

It’s yet another indicator that college sports have become more commercialized.
June 26, 2024

College World Series Still Riding High Despite Just Missing Records

Viewership on ESPN platforms averaged 1.56 million.