Among conversations of rising roster spots, I got curious and decided to do some research into how much the SEC stands to profit from investing in basketball.
Table showing the Men's NCAA Tournament payouts in 2023 with the number of games played. The SEC had the most, with eight bids, 17 games won, and a possible $34 million payout. thirteen other tournaments are listed, with payouts ranging from $32 million to $4 million. Eighteen other conferences are grouped together, with only $2 million in total payouts and one game won.
MISSING: summary MISSING: current-rows.
Men's NCAA Tournament payouts in 2023
Projected payouts by conference based on units (games played)Table showing the Men's NCAA Tournament payouts in 2023 with the number of games played. The SEC had the most, with eight bids, 17 games won, and a possible $34 million payout. thirteen other tournaments are listed, with payouts ranging from $32 million to $4 million. Eighteen other conferences are grouped together, with only $2 million in total payouts and one game won.
MISSING: summary MISSING: current-rows.
Bids | Units won | Payout | |
---|---|---|---|
SEC | 8 | 17 | $34m $34m |
Big 12 | 7 | 16 | $32m $32m |
Big East | 5 | 15 | $30m $30m |
Big Ten | 8 | 14 | $28m $28m |
ACC | 5 | 12 | $24m $24m |
Mountain West | 4 | 8 | $16m $16m |
Pac-12 | 4 | 7 | $14m $14m |
WCC | 2 | 6 | $12m $12m |
C-USA | 1 | 5 | $10m $10m |
American | 2 | 4 | $8m $8m |
Ivy | 1 | 3 | $6m $6m |
Northeast | 1 | 3 | $6m $6m |
Southland | 1 | 2 | $4m $4m |
Southern | 1 | 2 | $4m $4m |
18 conferences | 1 | 1 | $2m $2m |