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Surprised this is going this year
www.womensbasketballinvitational.com

And in this case, they are playing it as a 3 day tourney. 4 games per day; winner and consolation bracket winner. All at Kentucky State University, in Frankfort. I suspect you are correct.I'm guessing these tournaments require the teams to pay all their own costs, and then the tournament just pays for the arena, refs, and staff? Cant figure out how else they could break even.