The Loyola players made $8.5 million for the Missouri Valley Conference...

[Katatonic]

and they won't get to see a cent.

That $8.5 mil will be divided by the 10 schools in the conference over the next 6 years (about $160k per school a yr).

http://www.chicagotribune.com/business/ct-biz-loyola-final-four-run-conference-20180330-story.html

Now, Loyola's coach, Porter Moser's bonuses for making it to the Tourney and all the way to the Final Four are modest compared to bonus clauses for coaches in P5 conferences, but still nothing to scoff at - and besides, wouldn't feel too bad for Moser as he will likely double his salary (if not more) based on this run to the FF.

As long as Loyola offer Moser a salary in the ballpark of what top coaches at smaller schools gave been getting, think he'll stay at Loyola as he, like Fitz and CC, is a Chicago guy and probably doesn't want to uproot his children (and likes that they get exposed to everything Chicago has to offer).

 

[Alaskawildkat]

Sounds like a pittance compared to what gets divided between the B1G schools each bowl season.

 

[salukicat]

This newfound NCAA mens basketball money is a sight for sore eyes for many of the MVC schools whose athletic department budgets are significantly in the red.

 

[Sec.112]

Loyola is lucky there's not anything even close to a good opening left out there.

They will only be negotiating against themselves.

 

[willycat]

Sounds like a pittance compared to what gets divided between the B1G schools each bowl season.

And the players in the Big Ten also will not see a single cent.

 

[Alaskawildkat]

And the players in the Big Ten also will not see a single cent.

For the student athletes who don't stay to get their college degree that may be partially true, but at least Northwestern grads understand their return on investment goes well beyond the $250,000 plus being paid to them in tuition, room, board and fees while in college.

Add another $100,000 to the above figure to take into account pre tax income required. Even several years ago when tuition was less it took over half a million dollars in earnings just to get two kids through Northwestern.

At least with the Northwestern degree in hand they are now seeing a significant return on the investment in their college education.

 

[ashley0623]

Loyola is lucky there's not anything even close to a good opening left out there.

They will only be negotiating against themselves.

Especially with non-tenured faculty going on strike yesterday.

Huge break for Loyola that the carousel died.

 

[Frabjous]

Loyola should see a big uptick in revenue from an increase in undergrad applications, which in turn will allow Loyola to be more selective. No reason why Loyola should not be as good a school as Georgetown, if it isn’t already.
Would be curious to know if NU has had an uptick in applications since its recent success in football, basketball and lacrosse.

 

[IdahoAlum]

Loyola should see a big uptick in revenue from an increase in undergrad applications, which in turn will allow Loyola to be more selective. No reason why Loyola should not be as good a school as Georgetown, if it isn’t already.
Would be curious to know if NU has had an uptick in applications since its recent success in football, basketball and lacrosse.

So are they going to be more selective, or get a "big uptick in revenue?" I think the two are fairly mutually exclusive.

 

[Medill90]

Loyola should see a big uptick in revenue from an increase in undergrad applications, which in turn will allow Loyola to be more selective. No reason why Loyola should not be as good a school as Georgetown, if it isn’t already.
Would be curious to know if NU has had an uptick in applications since its recent success in football, basketball and lacrosse.

I love Loyola Chicago.

But it aint Georgetown and it's never going to be Georgetown.

 

[Katatonic]

For the student athletes who don't stay to get their college degree that may be partially true, but at least Northwestern grads understand their return on investment goes well beyond the $250,000 plus being paid to them in tuition, room, board and fees while in college.

Add another $100,000 to the above figure to take into account pre tax income required. Even several years ago when tuition was less it took over half a million dollars in earnings just to get two kids through Northwestern.

At least with the Northwestern degree in hand they are now seeing a significant return on the investment in their college education.

Eh, those figures are inflated due to systemic tuition inflation - and the $8.5 mil the Loyola players made for the MVC was just for the tourney (where, btw, the NCAA makes most of its $$; for 2017, the NCAA had around $1.1 billion in revenue).

Imagine how much B1G players make for their schools and the conference during the regular season and then add what the B1G Tourney and the NCAA Tourney bring to the table.

One could say that the players work for their schollies w/ their play during the regular season.

Why would they need to work beyond that w/ the conf. tourney and the NCAAs - when everyone but them seemingly are getting extra compensation?

And let's not forget Emmert repeatedly trying to characterize the players as students.

Guess that's why players who make it to the FF miss HALF of their classes during the month of March and why the championship game was played starting at the student-friendly time of 9:20 PM.

Yeah, the NCAA really cares about the student aspect. lol

 

[hdhntr1]

For the student athletes who don't stay to get their college degree that may be partially true, but at least Northwestern grads understand their return on investment goes well beyond the $250,000 plus being paid to them in tuition, room, board and fees while in college.

Add another $100,000 to the above figure to take into account pre tax income required. Even several years ago when tuition was less it took over half a million dollars in earnings just to get two kids through Northwestern.

At least with the Northwestern degree in hand they are now seeing a significant return on the investment in their college education.

Eh, those figures are inflated due to systemic tuition inflation - and the $8.5 mil the Loyola players made for the MVC was just for the tourney (where, btw, the NCAA makes most of its $$; for 2017, the NCAA had around $1.1 billion in revenue).

Imagine how much B1G players make for their schools and the conference during the regular season and then add what the B1G Tourney and the NCAA Tourney bring to the table.

One could say that the players work for their schollies w/ their play during the regular season.

Why would they need to work beyond that w/ the conf. tourney and the NCAAs - when everyone but them seemingly are getting extra compensation?

And let's not forget Emmert repeatedly trying to characterize the players as students.

Guess that's why players who make it to the FF miss HALF of their classes during the month of March and why the championship game was played starting at the student-friendly time of 9:20 PM.

Yeah, the NCAA really cares about the student aspect. lol

Eh, those figures are inflated due to systemic tuition inflation - and the $8.5 mil the Loyola players made for the MVC was just for the tourney (where, btw, the NCAA makes most of its $$; for 2017, the NCAA had around $1.1 billion in revenue).

Imagine how much B1G players make for their schools and the conference during the regular season and then add what the B1G Tourney and the NCAA Tourney bring to the table.

One could say that the players work for their schollies w/ their play during the regular season.

Why would they need to work beyond that w/ the conf. tourney and the NCAAs - when everyone but them seemingly are getting extra compensation?

And let's not forget Emmert repeatedly trying to characterize the players as students.

Guess that's why players who make it to the FF miss HALF of their classes during the month of March and why the championship game was played starting at the student-friendly time of 9:20 PM.

Yeah, the NCAA really cares about the student aspect. lol

Must have been a while ago. College costs have really gotten out of control. Now it would be closer to $1 mill including taxes . Compare that to the $25k total cost it was for me. At this point middle class is pretty much excluded from NU because of the costs.

 

[CatFan_Mike2]

Loyola should see a big uptick in revenue from an increase in undergrad applications, which in turn will allow Loyola to be more selective. No reason why Loyola should not be as good a school as Georgetown, if it isn’t already.
Would be curious to know if NU has had an uptick in applications since its recent success in football, basketball and lacrosse.

There is no comparison between Georgetown and Loyola in terms of academics. There are many sources that have college rankings and the two schools are not even close. Check out some of the rankings.

 

[pawildcat]

Must have been a while ago. College costs have really gotten out of control. Now it would be closer to $1 mill including taxes . Compare that to the $25k total cost it was for me. At this point middle class is pretty much excluded from NU because of the costs.

Are you saying that four years at NU is $1 million? I know it's gotten quite high, but it's not $250,000 a year, is it?

 

[loyolacat]

I am guessing that DePaul made more money from the tournament this year than LU. I am guessing that NU is close to what LU made. In the Valley each team will receive 140 thousand for next 6 years. I am assuming most conferences share the money in a similar manner. You can see why DePaul stays in the Big East despite their ability to finish near the bottom each year.

 

[Katatonic]

Must have been a while ago. College costs have really gotten out of control. Now it would be closer to $1 mill including taxes . Compare that to the $25k total cost it was for me. At this point middle class is pretty much excluded from NU because of the costs.

Are you saying that four years at NU is $1 million? I know it's gotten quite high, but it's not $250,000 a year, is it?

The cost of tuition for 3Qs is $52,239 (which is inflated from the true cost for what most students end up paying).

Including R&B, cost of books, all fees and an estimated $2,600 in personal expenses - total cost for a student for the '17-18 school year is pegged at $72,980.

Players on the FB and BB teams bring in considerable more than that each year.

Enough to pay their coaches (who are coaching amateur students) salaries akin to what coaches in the professional leagues make, but also paying for the salaries of coaches for all the other sports, as well as the schollies for all the other student-athletes.

The FB and BB players are basically subsidizing the schollies for the other sports programs and schools like NU reap the rewards since they get to charge the full tuition amount.