There’s no question this is the best year in CAA basketball history. When you factor in the relevance of three teams dancing, the wins in November and December for ALL 12 TEAMS, and honestly the money, there’s no getting around this (very good) fact. Mason and VCU gave the conference its first-ever dual winners in the NCAA tournament. It’s all sparked the inevitable money discussion. Brian Mull did an outstanding job providing the high level behind this record haul for the conference. In the spirit of great minds think alike, I’ve been crafting the following report since #3Bids4CAA became reality. You’re going to need to be patient, because it isn’t easy. (And, I need a graphics guy to make pretty pictures out of Excel. Apologies in advance for what you are about to go through.) Everything is public information, but somebody had to do the math, right? Ready? NCAA Distribution: The NCAA distributes the revenue from the tournament back to its member conferences in the form of “units.” A team gets one unit for making the tournament, and one unit for every game they win up to the finals. Math is simple: total revenue divided by total units is the distribution per unit. Multiple by the number of units and presto–you reach payday. This revenue is doled out on a per year basis for six years before a unit “expires.” Item one is playing best-case-scenario with actual numbers. The 2005 money was published at $220,000 per unit. This year’s money, according to my sources, will be roughly $242,000. For the years in between, we’ve used a graduated approach to get us from one number to the next. That seems logical, and will protect the model and a fairly-close number for Your Team. Colonial Redistribution: Each school gets an equal share of the revenue produced from the conference’s automatic qualifier unit. For any units earned above that (winning a game or multiple teams), 60% of that money is also distributed equally among all 12 schools. The other 40% goes into the Excellence Pool. It’s essentially a bonus pool in which teams earn shares for playing well. Shares are earned thus: Two shares for making the NCAA tournament. Two shares for each NCAA tourney win produces two more shares. One share for the conference regular season champion. (In the case of a tie, the teams split the share.) One share for an NIT bid. One share if you finish the season with an RPI of better than 100; OR if you have a nonconference record of .500 or better. *** Now you have the easy part. Let’s get down to business. The first chart is the summary of the revenue provided the conference by the NCAA for the years 2005 through this year. (So far. If you haven’t heard, VCU is playing in the Sweet 16.) The AQ unit is separated, since that’s equally distributed. Therefore, the chart depicts only those units earned in excess of the AQ unit. With one team and zero victories in 2005, 2008, 2009 there is no money for the excellence pool: YEAR 2005 2006 2007 2008 2009 2010 2011 AQ PAY 220,000 224,000 228,000 232,000 236,000 240,000 242,000 NON AQ PAY 0 1,120,000 456,000 0 0 240,000 1,452,000 60 pct 0 672000 273600 0 0 144000 871200 40 pct 0 448000 182400 0 0 96000 580800 So put the AQ money and the 60% in your back pocket for a moment, and think about only the Excellence Pool. This second chart is a sum of the shares each school earned during these six years. See above for detail on how you earn shares: SHARES 2005 2006 2007 2008 2009 2010 2011 Mason 1 9.5 1 3 2 0 4 VCU 2 1 6 3 4 1 9 ODU 4 2 3 0 1 6 3 UNCW 1 3.5 0 1 0 0 0 JMU 0 0 0 1 1 1 1 NU 0 1 0 0 1 2 0 Drexel 1 1 2 1 0 0 1 Hofstra 2 2 2 0 1 1 1 Delaware 0 0 0 0 1 0 0 Towson 0 0 1 0 0 0 0 Ga State 0 1 0 0 0 1 0 W&M 0 1 1 0 0 2 0 TOTAL POOL 0 448000 182400 0 0 96000 580800 TOTAL SHARES 11 22 16 9 11 14 19 PER SHARE 0 20364 11400 0 0 6857 30568 This third chart is easy. Take Your Team’s shares, multiple by the Per Share number above, and you get to the amount each year Your Team earned from the Excellence Pool. (Or use an excel formula like I did.): TOTAL REVENUE 2005 2006 2007 2008 2009 2010 2011 Mason 0 193455 11400 0 0 0 122274 VCU 0 20364 68400 0 0 6857 275116 ODU 0 40727 34200 0 0 41143 91705 UNCW 0 71273 0 0 0 0 0 JMU 0 0 0 0 0 6857 30568 NU 0 20364 0 0 0 13714 0 Drexel 0 20364 22800 0 0 0 30568 Hofstra 0 40727 22800 0 0 6857 30568 Delaware 0 0 0 0 0 0 0 Towson 0 0 11400 0 0 0 0 Ga State 0 20364 0 0 0 6857 0 W&M 0 20364 11400 0 0 13714 0 This fourth chart is also pretty easy. It adds the AQ unit money to the 60% of additional unit money to get what every school receives on an equal distribution basis: EQUAL SPLIT DISTRO 2005 2006 2007 2008 2009 2010 2011 AQ 18,333 18,667 19,000 19,333 19,667 20,000 20,167 60% Split 0 56000 22800 0 0 12000 72600 EQUAL DISTRO TOTAL 18,333 74,667 41,800 19,333 19,667 32,000 92,767 You should know what’s coming now. Take the third chart (Excellence Pool revenue) and add the fourth chart (Equal Distribution revenue) and you have your number. This is the total amount each school earned each year: TOTAL CASH 2005 2006 2007 2008 2009 2010 2011 Mason 18,333 268,121 53,200 19,333 19,667 32,000 215,040 VCU 18,333 95,030 110,200 19,333 19,667 38,857 367,882 ODU 18,333 115,394 76,000 19,333 19,667 73,143 184,472 UNCW 18,333 145,939 41,800 19,333 19,667 32,000 92,767 JMU 18,333 74,667 41,800 19,333 19,667 38,857 123,335 NU 18,333 95,030 41,800 19,333 19,667 45,714 92,767 Drexel 18,333 95,030 64,600 19,333 19,667 32,000 123,335 Hofstra 18,333 115,394 64,600 19,333 19,667 38,857 123,335 Delaware 18,333 74,667 41,800 19,333 19,667 32,000 92,767 Towson 18,333 74,667 53,200 19,333 19,667 32,000 92,767 Ga State 18,333 95,030 41,800 19,333 19,667 38,857 92,767 W&M 18,333 95,030 53,200 19,333 19,667 45,714 92,767 The last chart is the check each school receives (less annual conference dues). The CAA fiscal year is July-June, so checks are made each July for the previous year. Therefore, this July each school gets a check for the six year period from 2005-2010. Next July (7/2012), checks are made for 2006-2011: Disbursement FY2011 FY2012 Mason 410,655 607,362 VCU 301,421 650,970 ODU 321,870 488,009 UNCW 277,073 351,506 JMU 212,657 317,659 NU 239,878 314,311 Drexel 248,964 353,965 Hofstra 276,184 381,186 Delaware 205,800 280,233 Towson 217,200 291,633 Ga State 233,021 307,454 W&M 251,278 325,711

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CAA Finds Victory on All Fronts…