NCAA March Madness Money [Infographic]By: Chris Gabbard - March 27, 2012
If you thought March Madness was only about college hoops, you were dead wrong. It’s all about the Benjamins. From TV networks to the NCAA itself, everyone is trying to get a piece of the pie this time of year.
Some interesting stats to consider while watching the final four this weekend:
A 30-second spot during the first round of the tournament can go for $100,000. That same ad in the finals goes for over $1 million.
The NCAA makes 96 of it’s annual revenue in March.
$3 billion is bet in office pools across the country, over 50 million Americans participating.
96 percent of Americans will watch some part of the tournament.
cbs/turner sports paid the NCAA 11 billion dollars for coverage of march madness over the course of 13 years…where is that money going?
@momomoses7 I CAN’T STAND THE NCAA. UGHHH. Stop acting like you care about the students. You care about exploiting their talents for money.
http://t.co/k5wg1GxD The money goes to its conference.A school gets paid $1.5M for each game it plays in the NCAA tournament:
http://t.co/2Rjvx9TP | Let’s fight world hunger, instead.NCAA coaches stand to make a TON of money for tournament success:
NCAA makes billions..and some of the athletes probably have to borrow money for a soft drink!