"Financial 'jackpot' unlikely for cash-strapped Saint Peter's Peacocks despite generating NCAA tournament revenue" - ESPN - SCW Newswatch
ESPN reports on the financial rewards generated by the Saint Peter's Peacocks run in the NCAA men's basketball tournament, and how the payments, over multiple years, will have to get filtered through the Metro Atlantic Athletic Conference (MAAC).
"... NCAA tournament money math is wonky, but it's safe to estimate that Saint Peter's three wins in the tournament will mean a windfall of at least $6 million in additional money from the three extra NCAA units. ... distributed to the MAAC over the next six years ... [T]he league has autonomy as to how to distribute the money. ... Different leagues handle unit money distribution in different ways. It's not uncommon ... to weight distribution toward teams that win more games. For a league like the MAAC, which lacks the revenue of major football conferences, a run like this is transformative. The MAAC hasn't received more than one unit in the NCAA tournament since 2009. ..."
Click here for "Financial 'jackpot' unlikely for cash-strapped Saint Peter's Peacocks despite generating NCAA tournament revenue" - ESPN/ Pete Thamel 3.27.22
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Key Words: Basketball, NCAA Tournament, Saint Peter's Peacocks, North Carolina Tar Heels, NBA
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