Skip to content

Wichita State’s run making big money for Missouri Valley

Mar 31, 2013, 1:04 PM EDT

This video is no longer available. Click here to watch more NBC Sports videos!

Wichita State is making the Missouri Valley’s first appearance in the Final Four since Larry Bird and Indiana State made the same run in 1979. Aside from the free exposure that the journey is giving the school and the conference, the Missouri Valley is getting some good solid money from the NCAA.

The NCAA pays out money to conference based on the number of “basketball units” that a given league accrues over a six-year period. Forbes.com does a good job of explaining it in a recent piece on Wichita State:

A unit is earned for each game a conference member plays in the NCAA tournament, and the value of the unit escalates over the course of the afore-mentioned television contract. This year, one unit is worth approximately $250,000.

Note that each conference under this distribution system is assured of receiving at least 6 units annually (a scenario that would arise if a conference only placed one team in the tournament for 6 consecutive years, and their teams fail to win a single game).

With Wichita State making the Final Four and Creighton reaching the Round of 32, the Missouri Valley has cashed in with seven units so far in the 2013 NCAA tournament. That gives the conference earnings close to $1.75 million. For a mid-major conference, that’s a major pay day.

Part of that rise is likely attributed to more parity in college basketball, where an experienced non-BCS team has a chance against major conference schools who are stocked with younger talent.

For more on the economics of the NCAA tournament, click here from Forbes.com.

Daniel Martin is a writer and editor at JohnnyJungle.com, covering St. John’s. You can find him on Twitter:@DanielJMartin_

Latest Posts
  1. Tourney Snacks: Duke-Gonzaga, Louisville-Michigan State advance to Elite 8

    Mar 28, 2015, 12:52 AM EDT

    Justise Winslow (Getty Images) Getty Images

    Get caught up on all of Friday’s NCAA tournament action.

  2. Updated tournament records: Three ACC, two Big Ten teams in Elite Eight

    Mar 28, 2015, 12:35 AM EDT

    AP Photo AP Photo

    ACC teams went 2-1 Friday night, with Louisville’s win over NC State being the league’s lone defeat.

  3. Tip times, announcer pairings and channel guide for 2015 Elite 8

    Mar 28, 2015, 12:27 AM EDT

    Quinn Cook AP

    The schedule for Sunday’s Elite 8 games.

  4. No. 1 Duke advances to Elite 8 with win over No. 5 Utah

    Mar 28, 2015, 12:08 AM EDT

    (AP) AP

    No. 1 Duke advanced to the Elite 8 with a win in the South Regional over No. 5 Utah.

  5. Bradley announces Brian Wardle hired as head coach

    Mar 27, 2015, 9:58 PM EDT

    AP Photo AP Photo

    Wardle spent five seasons as coach at Green Bay.

  6. Caleb Martin posterizes Montrezl Harrell

    Mar 27, 2015, 9:39 PM EDT

    AP AP

    Caleb Martin’s only two points of the game.

  7. No. 2 Gonzaga gets past No. 11 UCLA to advance to Elite 8

    Mar 27, 2015, 9:26 PM EDT

    (AP) AP

    Gonzaga defeated UCLA to advance to the Elite 8 for the first time under head coach Mark Few.

  8. Andy Toole will remain the head coach at Robert Morris

    Mar 27, 2015, 9:22 PM EDT

    AP AP

    Andy Toole has been with Robert Morris for five seasons.

  9. Five-star Class of 2015 center commits to Maryland

    Mar 27, 2015, 8:32 PM EDT

    (Kelly Kline/Under Armour) (Kelly Kline/Under Armour)

    Class of 2015 five-star center Diamond Stone committed during a surprise announcement on Friday night.

  10. Cat Barber records an assist while lying on the ground (VIDEO)

    Mar 27, 2015, 8:28 PM EDT

    Getty Images Getty Images

    One of three assists in the first half for Cat Barber.

  11. Aaron Harrison says finger is sore, but won’t be a ‘big factor in the game’ against Notre Dame

    Mar 27, 2015, 7:45 PM EDT

    AP AP

    Aaron Harrison left Thursday night’s game briefly with a finger injury.

  12. Indiana AD backs Tom Crean again, but says Hoosiers ‘not where we want to be’

    Mar 27, 2015, 6:50 PM EDT

    AP AP

    For the second time this month, the Indiana athletic director backed the school’s head coach.

  13. Back at the point where last season ended, No. 2 Arizona looks to end its Final Four drought

    Mar 27, 2015, 6:00 PM EDT

    AP Photo AP

    Arizona hasn’t been to the Final Four since 2001, but all involved are focused on Wisconsin and not that streak.

  14. Florida junior Michael Frazier II declares for 2015 NBA Draft

    Mar 27, 2015, 5:00 PM EDT

    AP Photo AP Photo

    Frazier is projected as a second round pick.

  15. Rutgers sophomore forward to transfer

    Mar 27, 2015, 5:00 PM EDT

    AP AP

    The 6-foot-7 forward has two years of eligibility left.