Big East, Villanova bring in $20 million for the league

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Villanova’s national title run combined with the performance of the four other Big East schools that donned their Dancing shoes netted the conference $3.18 million this season and around $20 million over a six-year span.

The Wildcats reeled in $1.6 million during their run to winning the whole thing in truly historic fashion on Monday night, the prize money of which will be distributed — perhaps equally — to the ten Big East schools.

Update (4/6, 1pm): Per Big East associate commissioner John Paquette, their distribution formula “includes both a base payout and incentive-based components.”

The title game saw a peak of 22.3 million viewers, presenting a grand stage for the Wildcats to boost their conference’s prestige and their own program’s stature, but also line the pockets of those around them on their way there.

Even for just appearing in the Dance for the first time since 2006, Seton Hall raked in $265,791 of loot for their league; schools gets one “unit” of revenue ($265,791) for appearing in the NCAA tournament and one per round until the championship game.

The Big East totaled 12 units and therefore receive around $3.18 million from the NCAA to dole out annually for six years. Since the money gets distributed over a certain period, the payout is expected to increase to around $300,000 per unit by the end of the term.

This income stream will of course be added upon on a rolling basis based on the league’s showing in future tournaments. What we know for sure is that it gets tacked onto the $4.1 million that each school receives annually for the FOX Sports TV deal ($500m/12yr).

The late-tournament exposure should give a boost of public confidence heading into a 2016-17 season that projects the Big East as being even better; perhaps the league may draw a few more eyeballs next winter. Expect more from SHUHoops.com on the conference’s TV ratings for 2015-16 when more data is made available.

  • LBP

    Nice job Chris– This is one of the reasons I do not think Big East will expand. It would be interesting if UConn came to its senses and sought entry.

    • Rich Ricci

      I don’t think UConn will want to come back into the Big East because they still need a league for their football program, so I guess they’ll have to make due with where they are, at least for the time being. If the Big East did expand, I would expect a school like St. Joseph’s to be a prime candidate, but Villanova would most likely block the move so they can maintain their strength in the Philadelphia market.

      • It’s completely possible for UConn MBB/WBB to play in the Big East (and perhaps other non-revenue sports) but their FB to play elsewhere.

        The issue, I’d wager, is that the destination FB conference would require the MBB/WBB programs to come along too.

        • Matty P

          If you were to bring in UConn who else would you bring into the conference? I would imagine you’d have to raid the A10 for another basketball only school that would be in the Northeast area. Btw I also agree that St Joe’s is unlikely bc of Nova, so you’d have to look for a different team.

          • Rich Ricci

            That scenario is possible, but highly unlikely for the reason you stated. Even if it were to take place, I’m not sure the Big East would be completely happy or feel secure about having a league member with a football program playing elsewhere, knowing it’s just a matter of time before the school was either enticed or looking for a common home for all of their programs.

        • Rich Ricci

          That scenario is possible, but highly unlikely for the reason you stated. Even if it were to take place, I’m not sure the big East would be completely happy or feel secure about having a league member with a football program playing elsewhere, knowing it’s just a matter of time before the school was either enticed or looking for a common home for all of their programs.

        • Rich Ricci

          Although that scenario is possible, it’s highly unlikely for the reason you stated. But, even if it were to take place, I’m not sure the Big East would be completely happy or feel secure about having a league member with a football program playing elsewhere, knowing it’s just a matter of time before the school was either enticed or looking for a common home for all of their programs.

          • Yup. From what I heard (coming from Big East/SH brass), conference isn’t looking to expand any time soon.

  • Fishjam

    LBP – Vegas has us at 50-1 to win National Championship next year….is it worth a wager?

    • LBP

      Doing it as I text Fishjam– Duke 9-2 and Nova 30-1–50-1 is pretty nice without knowing if IW returns

    • LBP

      Btw I did get Nova 9-1 to win it all at start of Tournie

      • Not bad…

        Friend of mine had Nova over UNC in his bracket, finished in the top percentile on ESPN (1800th?) — didn’t watch a single game before Big East Tournament. Amazing

        • LBP

          Well Chris–as I am sure you are aware, and to provide full disclosure on my “betting acumen”, I lost my shirt on betting SHU and Xavier– so having Nova did not do too much to close those wounds 🙁

  • fouline

    Gonzaga, St. Mary’s(Cal.) or St. Louis were the other teams considered. But it came down to the travel problems. However, the BE is too small. It needs 2 more quality teams to break up the monotony of the schedule and to automatically raise our RPI within conference.

    • LBP

      I don’t know fouline– Hall has 18 conference Games–adding another 4 may be a bit much– plus I would enjoy a tougher out of conference schedule– but i do wax and wane.
      The reason I texted about UConn is that if the Huskies wanted in ( and I am not stating it does) , it may produce a dilemma for the Big East ADs–especially with the history;location ; and the Women’s program

      • Adding two teams would not mean 4 more conference games. It would mean an imbalanced schedule with the Hall playing some teams twice and some once (like the old Big East). Still 18 games

        • LBP

          Playing an unbalanced schedule , as you explain above, always creates the argument that certain Teams get the benefit of easier runs or causes the creation of divisions within a League– this a reason I like 10 Teams, home and away Games against everyone.

    • Matty P

      I think the conference would love a team like Gonzaga or St. Mary’s, but the distance is unfortunately too far to be considered. St. Louis wouldn’t be a bad addition seeing that they are still further East than Creighton and would be an easy trip for teams like DePaul, Marquette, or Xavier. Another team to consider could be Wichita State, but even they might be a little too far west. I also wouldn’t mind an addition like Dayton since they would be centrally located within the conference landscape.

    • What is monotonous about a double round robin schedule? How it should be done, IMO. Nothing more equal. And what evidence is backing your claim that adding two teams will “automatically raise our RPI” ?

      • fouline

        The RPI could go up if you add top teams because your strength of schedule goes up and forces schools to play at a higher level of competition. On the monotony issue, it would be great for the fans to see some of the teams mentioned because they are winning programs with terrific players on a consistent basis.

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