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Back to Top crackerbaby00 General User Member Since: 3/8/2007 Post Count: 442 Status: Offline     RE: Pay Out    Posted: 3/24/2012 8:58:54 PM  If others are correct that the MAC changed their formula for distribution such that the team earning the payout gets 50%, we would be seeing half of $5.7 million, or $2.85 million. Back to Top KyleWvr13 General User Member Since: 11/9/2010 Location: Pottstown, PA Post Count: 503 Status: Offline     RE: Pay Out    Posted: 3/24/2012 9:29:39 PM  crackerbaby00 wrote: If others are correct that the MAC changed their formula for distribution such that the team earning the payout gets 50%, we would be seeing half of $5.7 million, or $2.85 million. Me Gusta. Back to Top OUbobcat9092 General User Member Since: 12/28/2004 Location: Fairfax, VA Post Count: 1,250 Status: Offline     RE: Pay Out    Posted: 3/24/2012 9:33:38 PM  crackerbaby00 wrote: If others are correct that the MAC changed their formula for distribution such that the team earning the payout gets 50%, we would be seeing half of $5.7 million, or $2.85 million. IPF goal of 11 million...funded.  I say shoot for the $16 million and get us an indoor track too! Bring Back Men's Track & Field Back to Top OhioCatFan General User Member Since: 12/20/2004 Location: Athens, OH Post Count: 15,390 Status: Online     RE: Pay Out    Posted: 3/24/2012 9:35:47 PM  OUbobcat9092 wrote:  IPF goal of 11 million...funded.  I say shoot for the $16 million and get us an indoor track too! The only BLSS Certified Hypocrite on BA "It is better to be an optimist and be proven a fool than to be a pessimist and be proven right." Note: My avatar is the national colors of the 78th Ohio Veteran Volunteer Infantry, which are now preserved in a climate controlled vault at the Ohio History Connection. Learn more about the old 78th at: http://www.78ohio.org Back to Top anorris General User Member Since: 7/6/2010 Location: Bristol, CT Post Count: 2,262 Status: Offline     RE: Pay Out    Posted: 3/24/2012 9:41:08 PM  Keep in mind the win shares are paid out over a period of six years. Does anyone know if the revisions to how funds are distributed apply to older (ie: 2010) funds? If so, we're in line for a larger share there, as well. Back to Top Mark Lembright '85 General User Member Since: 8/22/2010 Location: Highland Heights, OH Post Count: 2,460 Status: Offline     RE: Pay Out    Posted: 3/24/2012 9:43:13 PM  Or more appropriately for this forum, that $ can be put towards raises for Coach Groce and his staff.   Back to Top Ohio69 General User Member Since: 12/20/2004 Post Count: 3,105 Status: Offline     RE: Pay Out    Posted: 3/25/2012 8:53:23 AM  It will be less than $50K per year over a period of years.  There's no money in the NCAA tournament for mid-majors due to how conferences (and not individual teams) are paid. Can somebody hit a pull up jumper for me?..... Back to Top colobobcat66 General User Member Since: 9/1/2006 Location: Watching the bobcats run outside my window., CO Post Count: 4,744 Status: Offline     RE: Pay Out    Posted: 3/25/2012 9:03:58 AM  We have some conflicting comments here. Is it $50k a year or $2.85 million over 6-7 years. Somebody is way off. Last Edited: 3/25/2012 9:05:27 AM by colobobcat66 Back to Top OUVan General User Member Since: 12/20/2004 Location: Bethesda, MD Post Count: 5,580 Status: Offline     RE: Pay Out    Posted: 3/25/2012 9:46:06 AM  colobobcat66 wrote: We have some conflicting comments here. Is it $50k a year or $2.85 million over 6-7 years. Somebody is way off. I believe he is missing a zero. $500K is probably about right. Back to Top 71 BOBCAT General User Member Since: 12/20/2004 Post Count: 1,943 Status: Offline     RE: Pay Out    Posted: 3/25/2012 10:23:54 AM  This payout is huge for us. Obviously this could not only fill budget holes but be used for other capital improvements, not to mentions raises. GO BOBCATS Back to Top crackerbaby00 General User Member Since: 3/8/2007 Post Count: 442 Status: Offline     RE: Pay Out    Posted: 3/25/2012 10:27:46 AM  Don't forget that there are 5 other years of payouts included each year. That add even more to the $500k amount. Back to Top Bobcat110 General User Member Since: 3/5/2005 Location: Mount Gilead, OH Post Count: 724 Status: Offline     RE: Pay Out    Posted: 3/25/2012 11:49:16 AM  Updated per crackerbaby's post below: The conference is paid $316,667 each game a conference team played in over the previous 6 years.  Based on that, for Ohio's sweet sixteen appearance, the conference will receive at least $950,000/year over the next 6 years or $5,700,000 total.  It looks like the NCAA does its payouts one year in arrears, so the MAC should receive $2,216,669 this year  for it's 7 game appearances from 2006-2011. Appearances 2006 2007 2008 2009 2010 x 2 2011 ======= 7 appearances Then the 2013 payout would be at least $2,850,003 based on appearances from 2007-2012. Appearances 2007 2008 2009 2010 x 2 2011 2012 x 3 ========== 9 appearances What's not clear to me is the MAC's formula for dividing up the payouts.  They intended to reward teams who boost their RPI by playing tougher OOC opponents, winning the conference, and winning tournament games with a higher percentage of the NCAA payout.  What is the percentage formula the MAC is using?  Is the boost in payout only for the current year, or amortized over the next six years like the NCAA does?  (i.e. If Ohio gets a 50% share for winning the MAC Tourney and 2 NCAA games, is it 50% of this year's payout of $2,216,669...or do we get 50% of the $5,700,000 for this year's run to be paid over next 6 years?) http://www.cleveland.com/sports/college/index.ssf/2011/07... http://articles.businessinsider.com/2011-04-12/sports/300... Last Edited: 3/25/2012 2:20:36 PM by Bobcat110 Back to Top crackerbaby00 General User Member Since: 3/8/2007 Post Count: 442 Status: Offline     RE: Pay Out    Posted: 3/25/2012 1:27:52 PM  Bobcat110 wrote: As of last year, the CONFERENCE was paid $240,000 each game a conference team played in over the previous 6 years.  Based on that, for Ohio's sweet sixteen appearance, the conference will receive at least $720,000/year over the next 6 years or $4,320,000 total.  It looks like the NCAA does its payouts one year in arrears, so the MAC should receive at least $1,680,000 this year  for it's 7 game appearances from 2006-2011. Appearances 2006 2007 2008 2009 2010 x 2 2011 ======= 7 appearances Then the 2013 payout would be at least $2,160,000 based on appearances from 2007-2012. Appearances 2007 2008 2009 2010 x 2 2011 2012 x 3 ========== 9 appearances What's not clear to me is the MAC's formula for dividing up the payouts.  They intended to reward teams who boost their RPI by playing tougher OOC opponents, winning the conference, and winning tournament games with a higher percentage of the NCAA payout.  What is the percentage formula the MAC is using?  Is the boost in payout only for the current year, or amortized over the next six years like the NCAA does?  (i.e. If Ohio gets a 50% share for winning the MAC Tourney and 2 NCAA games, is it 50% of this year's payout of $1,680,000...or do we get 50% of the $4,320,000 for this year's run to be paid over next 6 years?) http://www.cleveland.com/sports/college/index.ssf/2011/07... http://articles.businessinsider.com/2011-04-12/sports/300... This year's payout is $5.7 million.  The Sports Business Journal posted that each game played is worth $1.9 million this year Back to Top Bobcat110 General User Member Since: 3/5/2005 Location: Mount Gilead, OH Post Count: 724 Status: Offline     RE: Pay Out    Posted: 3/25/2012 2:23:56 PM  crackerbaby00 wrote: This year's payout is $5.7 million.  The Sports Business Journal posted that each game played is worth $1.9 million this year So that's $316,667 per game x 6 years, up from $240,000 last year.  I assumed that it'd gone up, but hadn't seen the actual numbers. Thanks.  What's the formula that the MAC uses for payout now?  I see you're saying we'll get 50%?  Is that paid over the six years too? 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