March Madness and the Top Line

Everyone has caught March Madness fever. The first two rounds of this landmark tournament sparked more double digit seed upsets than any other year. Yet as we sit here for the sweet 16, all of the number one seeds advanced. It is no surprise to anyone either that NCAA basketball is big business. So much so that in 2014, Ed O’ Bannon, a former basketball star at UCLA won a class action lawsuit against the NCAA.

 

Just how big is NCAA men’s basketball? Fortunately, the Equity in Athletics Disclosure Act (EADA) provides a host of data on NCAA programs. EADA requires Title IV institutions with an intercollegiate athletic program to prepare an annual report to the Department of Education on athletic participation, staffing, and revenues and expenses, by men’s and women’s teams. We used Public Insight to gather revenue data for the past five years for NCAA men’s and women’s basketball teams. There are 1988 institutions that reported nearly $1.9 billion in basketball revenue in 2014-2015. This has grown over 23% in five years. The revenue by institution ranges from less than $10,000 to nearly $46 million.

 

Do big men’s basketball programs pay off? Apparently they do because six of the top ten NCAA basketball revenue producers also have teams in the sweet 16. The top 10 basketball revenue producers in 2014-15 are as follows with sweet 16 status highlighted in yellow:

 

The school with the least amount of basketball revenue in the sweet 16? Surprisingly it is Notre Dame at Number 107 with a pedestrian $3.5 million in basketball revenue. It would probably be a different story if we looked at Notre Dame through the football lens.

 

 

A basketball team within a strong conference is a double-whammy. It is not secret that the Atlantic Coast Conference (ACC) and Big Ten conference are strong as overall conferences. The Atlantic Coast Conference eked out a win in basketball revenues over the Big Ten Conference at $226 million vs. $208 million respectively. Both conferences continue to grow, but the Big Ten has sustained growth of over 25% for the past five years.

 

You can download a spreadsheet of all institutions and their men’s team basketball revenues for the past five years by clicking HERE. We have also provided several pivot tables that rank teams and conferences by revenue product and growth rates.

 

The initial look at the women’s programs yielded some more surprising results. That will be the subject of next week’s blog.

Share This Story

Similar Posts

  • Gainful Employment – Here Today, Gone Tomorrow

    The U.S. Department of Education announced yesterday the beginning of the process to rollback and rework Obama-era rules under the gainful employment regulations. These rules, which took years to enact, were designed to hold career-preparation programs accountable for the outcomes of their graduates. The announcement establishes rule making committees to…

  • Has Distance Education Hit Its Peak?

    Programs offered through distance education or what we might conventionally refer to as online programs actually declined as a percentage of all programs from 10.8% to 10.5% in 2017 and 2016 respectively. This was the first time that distance education has actually declined since this data started being collected by…

  • Distance Education Rebounds

    Distance Education is now 12.3% of all programs and up 7.6% in 2018 Social distancing, at least for now, is the new normal and along with it comes distance education. Each year we look at what the data is telling us for distance education programs. Last year, I suggested that…

  • Outpatient Medicare Hospital Costs up 13%

    The 2016 outpatient procedure data shows overall hospital volume up 11% from 2015. Using data from the Outpatient Procedure Analysis Interactive, we also found that the volume times the average full cost (weighted average cost) on a procedure basis has increased 13.3%. We ran the numbers several ways – first…

  • Students Moving Back on Campus

    The number of students living on-campus for the approximately 4,500 non-state institutions has increased from just over 43% in 2011 to nearly 53% just four years later in 2015. The pie graph below shows the movement from 2011 to 2015 with the yellow slice indicating the percentage of students living…

  • Inpatient vs. Outpatient – What the Numbers Show

    Analysts in health care don’t agree in unanimity very often, but most seem to agree that there will continue to be a quantum shift in healthcare from inpatient to outpatient. In this two part series, we will attempt to quantify and support this important trend. We utilized the Beds and…