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This language is specious since the money that flows out to the ember schools is not directed to the tourney teams or conferences. It is in NCAA administration and championships. This is very easy to prove since we already know the value of the total NCAA units.For the NCAA, one of the most lucrative contracts connected with the tournament is for broadcasting rights. Across the 2023 tournament, $873 million will be earned from these rights.
According to the NCAA, about 90% of the money that it collects immediately flows out to the member schools. It’s the only system in place that assigns a monetary value based on athletic performance.
The NCAA distributes $220m of the $1.1b it takes in from the TV networks to the schools/conferences in the tournament.
That leaves more than $800m in the pot.
This is why I say that the value of college bball would skyrocket if they cut out the NCAA