NCAA tournament TV deal left billions of 💵 on the table; would expanding
the field make that up? It may have left as much as $9.27 billion on the table this article from 2 years ago suggested. That now is probably conservative with the gambling boom. CBS has the contract until 2032, but can expand it. I read before they would prefer not to because of the Masters. I love the Masters, but they sometimes have to put heaters on the Azaleas. Just back it up two weeks please. Here is an important quote from the article.
“Navigate specializes in college and pro sports rights valuations. It provided On3 with data that indicated, tabulated under normal industry circumstances, adding 22 games of inventory could significantly benefit the NCAA and therefore its member institutions. In its analysis, consider the NCAA’s annual rights revenue to be $1 billion, which it soon will reach because of escalators. If expansion enabled the NCAA to open up its rights deal with CBS and Turner – and if the new, adjusted deal were to reset to today’s market rates for TV rights – the existing 67 games would be worth around a 50% increase above the $1 billion, or $1.5 billion. From there, Navigate data indicated, adding 22 games would increase the amount of inventory by 33%, which increases the total value to $2 billion per year.”
7 Replies
T
Truthahn
1y
Play 256 teams in the first weekend and have 107 byes into the second round.
Then 256 to 128, etc.
You just need 5 weekends to do it. I wonder how long it would take for a #64 seed to beat a #1 seed?
(In response to this post by Stech)
1y
Now that’s not impossible any more. Maybe that’s why the ESPN people are saying the SEC wants UNC and UVA, they want more traditional basketball schools to help their P2 only basketball tournament:
It could easily backfire though, because a lot of fans from the other schools will refuse to watch it with no access for their team.
PS CBS had a chance to expand to 96 when many wanted them to after a consultant recommended it, but they only added the two play in games. Many think they were just protecting the Masters, but that’s two weeks early and should be moved back. It’s ridiculous that some years they have to use heaters to get the Azelas to bloom. I would call it April Madness, the tailgating would be comparable to October tailgating for football games IMHO.
(In response to this post by Truthahn)
1y
Just like it has with college football.
(In response to this post by Stech)
E
EDGEMAN
1y
(In response to this post by Stech)
1y
left on the table they can grab just might motivate them to break off. However, as long as they keep control of selection, they may be able to make more money, by keeping a broader audience of people watching. 🤷♂️ Wherever they can find more 💵!
** Edited by Stech at 3/25/2025, 1:41:16 PM
(In response to this post by EDGEMAN)
1y
of your members? i think we're just as likely, if not more likely, to see a 76/80/96 team tournament with all >.500 P2 and most >.500 P4 members getting autobids along with the current 31 conf champs leaving whatever is left for non-P2 at-large spots. for basketball in particular, i think the P2 still see the value in partnering with ACC/BigXII (for now) and cinderellas from mid and low majors make opening rounds more entertaining.
(In response to this post by Stech)
1y
(In response to this post by BUGGZY)