Post by elp525 on Jul 2, 2010 4:48:03 GMT -5
Friday July 2, 2010
by Jack Bogaczyk
Daily Mail Sports Editor
The checks aren't in the mail. Well, they were earlier this week.
West Virginia University's athletic department has just received its two revenue sharing checks from the Big East Conference for the 2009-10 fiscal year that ended Wednesday.
The Mountaineers didn't match their record amount of two years ago, but they managed the second-best performance in conference dollar signs - thanks in large part to the men's basketball team's run in the NCAA Final Four.
WVU Deputy Athletic Director Mike Parsons reports that the WVU athletic department received $3.725 million from the Big East for football, and $4.239 million, primarily from basketball.
That $7.964 million total - the highest in the Big East in 2009-10 - is up significantly from the 2008-09 Mountaineer revenue from the Big East, of $6,223,227. The record amount came in 2007-08, when West Virginia received $9,447,098.
The program never received more than $4.64 million from the Big East in an annual revenue sharing payment prior to 2005-06.
The biggest difference between the nearly $9.5 million in 2007-08 and this year's total approaching $8 million?
Well, in the 2007 football season, WVU won the Big East title and went to a Bowl Championship Series game, and that provided $2.4 million, plus a "mileage stipend" (significant from Morgantown to Phoenix).
Also that season, WVU was on national television much more often. In fact, only Notre Dame and LSU made more regular-season national TV appearances that last autumn of Rich Rodriguez than the Mountaineers.
WVU's Gator Bowl berth last season yielded - through the Big East plans - $1.5 million. The conference divides its football TV dollars and bowl "base pool" money more equally now, too, among eight members.
In 2009-10, West Virginia received $1 million from the Big East for the men's Final Four trip. The conference rewards a team $250,000 for each round it advances. There were other basketball dollars, too.
WVU landed bucks for its men and women winning and reaching, respectively, the Big East tournament championship game. There is money rewarded for Coach Mike Carey's women reaching the NCAA field as well.
Coach Bob Huggins' desire to play several marquee games in non-conference play helps, too. The Big East rewards a team $100,000 for each regular-season nationally televised non-conference game played. So, the Mountaineers got $300,000 for dates with Ole Miss, Purdue and Ohio State.
There is about $500,000 in annual Big East revenue over the past five years that WVU won't receive starting in 2010-11. That's the share of the conference entry fees Louisville, Cincinnati, South Florida, DePaul and Marquette have been paying.
Each of the other five football members has gained $425,000 annually from the three new football members.
Each of the 11 basketball schools that remained when Virginia Tech, Miami and Boston College left have been getting about $73,000 annually from DePaul and Marquette's entry fees.
On the other hand, the good news for West Virginia is that the Big East football schools will likely more than offset that because of the new BCS telecast contract with ESPN - an average of $125 million annually for four years.
The BCS payment for a conference getting one team into the five-game series is expected to rise from $19.8 million this past year to the $22 million range.
The Big East's revamped lower-tier bowl arrangements (Champs Sports, Meineke Car Care, Pinstripe, Liberty or Papajohn's.com and Beef O'Brady's) also will yield more money than the past deals, too.
In hoops?
Well, the NCAA's new 14-year, $10.8 billion deal with CBS and Turner Broadcasting for NCAA Tournament rights should significantly raise the organization's basketball distribution fund (with conferences following suit), too.
by Jack Bogaczyk
Daily Mail Sports Editor
The checks aren't in the mail. Well, they were earlier this week.
West Virginia University's athletic department has just received its two revenue sharing checks from the Big East Conference for the 2009-10 fiscal year that ended Wednesday.
The Mountaineers didn't match their record amount of two years ago, but they managed the second-best performance in conference dollar signs - thanks in large part to the men's basketball team's run in the NCAA Final Four.
WVU Deputy Athletic Director Mike Parsons reports that the WVU athletic department received $3.725 million from the Big East for football, and $4.239 million, primarily from basketball.
That $7.964 million total - the highest in the Big East in 2009-10 - is up significantly from the 2008-09 Mountaineer revenue from the Big East, of $6,223,227. The record amount came in 2007-08, when West Virginia received $9,447,098.
The program never received more than $4.64 million from the Big East in an annual revenue sharing payment prior to 2005-06.
The biggest difference between the nearly $9.5 million in 2007-08 and this year's total approaching $8 million?
Well, in the 2007 football season, WVU won the Big East title and went to a Bowl Championship Series game, and that provided $2.4 million, plus a "mileage stipend" (significant from Morgantown to Phoenix).
Also that season, WVU was on national television much more often. In fact, only Notre Dame and LSU made more regular-season national TV appearances that last autumn of Rich Rodriguez than the Mountaineers.
WVU's Gator Bowl berth last season yielded - through the Big East plans - $1.5 million. The conference divides its football TV dollars and bowl "base pool" money more equally now, too, among eight members.
In 2009-10, West Virginia received $1 million from the Big East for the men's Final Four trip. The conference rewards a team $250,000 for each round it advances. There were other basketball dollars, too.
WVU landed bucks for its men and women winning and reaching, respectively, the Big East tournament championship game. There is money rewarded for Coach Mike Carey's women reaching the NCAA field as well.
Coach Bob Huggins' desire to play several marquee games in non-conference play helps, too. The Big East rewards a team $100,000 for each regular-season nationally televised non-conference game played. So, the Mountaineers got $300,000 for dates with Ole Miss, Purdue and Ohio State.
There is about $500,000 in annual Big East revenue over the past five years that WVU won't receive starting in 2010-11. That's the share of the conference entry fees Louisville, Cincinnati, South Florida, DePaul and Marquette have been paying.
Each of the other five football members has gained $425,000 annually from the three new football members.
Each of the 11 basketball schools that remained when Virginia Tech, Miami and Boston College left have been getting about $73,000 annually from DePaul and Marquette's entry fees.
On the other hand, the good news for West Virginia is that the Big East football schools will likely more than offset that because of the new BCS telecast contract with ESPN - an average of $125 million annually for four years.
The BCS payment for a conference getting one team into the five-game series is expected to rise from $19.8 million this past year to the $22 million range.
The Big East's revamped lower-tier bowl arrangements (Champs Sports, Meineke Car Care, Pinstripe, Liberty or Papajohn's.com and Beef O'Brady's) also will yield more money than the past deals, too.
In hoops?
Well, the NCAA's new 14-year, $10.8 billion deal with CBS and Turner Broadcasting for NCAA Tournament rights should significantly raise the organization's basketball distribution fund (with conferences following suit), too.
