May 23, 2014, 12:26 AM EST
While they aren’t mentioned too often during the NCAA tournament, conferences earn “units” based upon how far their members play into the 68-team event. Including the 2014 NCAA tournament each unit will be worth $255,379, and the money earned from those units tend to be distributed equally amongst conference members. So there isn’t a huge payoff for individual programs in this regard.
However schools can cash in from a publicity standpoint, with the success of their basketball team leading to increases in donations and college applications just to name two areas. And this can be especially important for schools who aren’t in the national spotlight as often as the most prestigious programs in college basketball.
One school that could see a boost as a result of its college basketball team’s deep run is Dayton, which reached the Elite Eight. According to a study done by the city, “the estimated publicity value for game play, television media, and social media is $72,660,482.”
The above video has a number just below the $72 million mark, but either way it’s evident that athletics have an impact on the way in which a school is perceived. This isn’t a foreign concept either, as schools such as Butler, VCU and Wichita State have benefitted from the extra attention that comes with a “Cinderella” run deep into the NCAA tournament.
The Dayton City Commissioners’ full report can be read here.
- St. John’s seniors say they ‘grew up’ against Minnesota, but have they? 1
- The little things made a big difference in No. 3 Arizona’s win over No. 15 San Diego State 0
- Butler upsets No. 5 North Carolina in Battle 4 Atlantis opener 2
- If No. 12 Villanova doesn’t have a star on their roster, no one told JayVaughn Pinkston 0
- JayVaughn Pinkston’s block gives No. 12 Villanova a win over No. 19 Michigan (VIDEO) 2
- Maryland upsets No. 13 Iowa State as fearless freshmen mix with gritty veterans for balanced effort 3
- Rondae Hollis-Jefferson’s selflessness during the Maui Invitational will help No. 3 Arizona in the long run 0
- Villanova’s win is evidence of why VCU may have peaked as a basketball program (14)
- Rick Pitino on blow out win: ‘We played four white guys and an Egyptian’ (14)
- Michigan’s John Beilein rips ESPN for late tip time during Tuesday’s loss (13)
- College Basketball Talk’s latest top 25: Kentucky reigns, but how far will Kansas, Florida slide? (5)
- Report: Gonzaga’s Josh Perkins broke his jaw (4)