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Post by fjs64 on Feb 2, 2016 9:41:34 GMT -5
Well, we know about the NCAA Tournament, and the grand old NIT. Then came the CBI and the CIT. And of course in 1963, and I'm sure everyone remembers this one, NCIT (National Catholic Invitational Tournament....there were 4 teams, we beat Regis and lost to Xavier in Louisville). Well chances increase for a bid now, with the new Vegas 16......yes, 16 teams, and it's in Las Vegas. Read all about it..... vegas16.bdglobalsports.com/ |
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Post by maplehurst on Feb 2, 2016 11:46:53 GMT -5
from Dr. Strangelove, "A fella could have a great weekend in Vegas with all this"! Let's go to Vegas.
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Post by class70 on Feb 2, 2016 13:06:22 GMT -5
Time to cue all the "what happens in Vegas" comments. This tourney does have good possibilities, however. I don't know who's behind it, but the big casinos like the Sands could make it into a nice national stage with the crowds and TV audience missing from early games in the NIT. I like the idea of playing all four games in one stretch, but it favors a team with a strong bench, something we lack.
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Post by jpschmack on Feb 2, 2016 16:18:34 GMT -5
And we have a policy of declining tournaments that you have to pay to play in. We only go NCAA or NIT. Which I totally support.
That money is better spent elsewhere. Although, I do think we should denote the invitation with a banner. Tee hee.
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Post by fjs64 on Feb 2, 2016 16:36:00 GMT -5
And we have a policy of declining tournaments that you have to pay to play in. We only go NCAA or NIT. Which I totally support. That money is better spent elsewhere. Although, I do think we should denote the invitation with a banner. Tee hee. I understand that the CIT and CBI are pay to play and agree that we should stay out of these, but I wonder what will differentiate the Vegas 16, because it is new and needs to attract schools. One of the partners is a hotel (MGM Grand), it looks like a 1 and done format, all in one location. So it is possible that some of the expenses will be payed by the tournament, and that could be a differentiator. Although Vegas may not be a wonderful location for the players to be enjoying too much. Time will tell. |
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Post by ohs73 on Feb 2, 2016 18:28:54 GMT -5
And we have a policy of declining tournaments that you have to pay to play in. We only go NCAA or NIT. Which I totally support. That money is better spent elsewhere. Although, I do think we should denote the invitation with a banner. Tee hee. Agree 100 percent. None of this pay to play crudiola. Dance or NIT. Period. These other tournaments are glorified resume builders for coaches, nothing more. |
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Post by jpschmack on Feb 2, 2016 18:51:21 GMT -5
I wonder what will differentiate the Vegas 16, because it is new and needs to attract schools. One of the partners is a hotel (MGM Grand), it looks like a 1 and done format, all in one location. So it is possible that some of the expenses will be payed by the tournament, and that could be a differentiator. Although Vegas may not be a wonderful location for the players to be enjoying too much. Time will tell. The thing is... who's traveling to Las Vegas to watch their team in one of THREE different third-tier tourneys behind the NCAA and NIT? Now, if you live in Las Vegas and are a college basketball junkie... The West Coast, Mountain West, Pac-12 and WAC all had their conference tournaments in Las Vegas just two weeks earlier. Here's the capacity of the arenas in Las Vegas: 18,800 New NHL Arena 18,000 Thomas & Mack (MWC) 16,800 MGM Grand Garden Arena (Pac-12) 9,500 Orleans (WCC/WAC) 2,500 Cox Pavilion (UNLV Women) The Las Vegas 16 will be in Cox Pavilion. I can't see how the tournament promoters make any money without requiring a guarantee. There may be a discounted rate on hotels the team has to buy. |
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Post by class70 on Feb 2, 2016 19:26:59 GMT -5
Is the NIT not, in essence, pay-to-play? Aren't the early games played on the participants' home courts? I get the impression the financing is somewhat hand-to-mouth, i.e. the participants need to generate attendance from their own fan base. With the contemporaneous NCAA going on those NIT games can't be generating a lot of ad revenue for the games that are aired.
I think some of you may be selling this short. If Steve Wynn or MGM is behind it, it will be backed by people who know how to promote and have the capital to do it up big. Vegas is one of the easiest cities to get to from anywhere because that's how they make their living. People will go there for the tourney because it is a fun place to visit. I can envision a scenario where every participant gets the same satisfaction and financial return that only those who make it to MSG would get from the NIT.
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Post by jjjacks17 on Feb 2, 2016 19:32:30 GMT -5
The NIT has a deal with ESPN. I believe every game is broadcast on one of their stations.
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Post by elitetaylor33 on Feb 2, 2016 21:30:12 GMT -5
I saw that they are selecting their teams right after the NCAA Field has completed their selections, so are they trying to "upstage" the NIT? Obviously it goes NCAA > NIT > then the CIT or CBI (both pay-to-play). So where would they fit in this equation? Maybe i missed it, but it looked like they were going to try too lure teams from the NIT..
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Post by class70 on Feb 2, 2016 22:15:34 GMT -5
NIT is owned by NCAA, which has a contract with ESPN to broadcast it and other NCAA sporting events. Some antitrust legal issues involved here as NCAA acquired ownership of NIT to settle an anti-trust suit by the now defunct former owner of NIT.
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Post by birdman on Feb 3, 2016 22:44:07 GMT -5
Ncaa or bust for THE BONNES! We can win this conference!
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Post by Pinnum on Feb 4, 2016 11:07:16 GMT -5
Is the NIT not, in essence, pay-to-play? Aren't the early games played on the participants' home courts? I get the impression the financing is somewhat hand-to-mouth, i.e. the participants need to generate attendance from their own fan base. With the contemporaneous NCAA going on those NIT games can't be generating a lot of ad revenue for the games that are aired. I think some of you may be selling this short. If Steve Wynn or MGM is behind it, it will be backed by people who know how to promote and have the capital to do it up big. Vegas is one of the easiest cities to get to from anywhere because that's how they make their living. People will go there for the tourney because it is a fun place to visit. I can envision a scenario where every participant gets the same satisfaction and financial return that only those who make it to MSG would get from the NIT. Didn't read your whole post but no, the NIT isn't pay to play. The NIT pays out units just like the NCAA tournament does. The major difference being that they are a fraction of the size. Also, as noted, the NIT is covered by ESPN and if you're making it further into the NIT, you are getting coverage when there are not many other college games going on and there are not many high school games going on so it provides a nice boost to recruiting. |
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Post by class70 on Feb 4, 2016 11:49:25 GMT -5
Pinnum, any idea how much these NIT payouts are? I assume they are much lower than the NCAA tourney payout, given that ESPN pays NCAA (which owns NIT) less than 1/10 what they get for the NCAA tourney and that payment also includes ESPN coverage of other sporting events besides the NIT. If the payouts aren't very high and you have to use your own facilities (unless you make it to MSG), I'm looking at the financial proposition as just marginally better than pay-to-play. Maybe the TV exposure helps a little with recruiting, however.
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Post by Pinnum on Feb 4, 2016 12:15:13 GMT -5
Pinnum, any idea how much these NIT payouts are? I assume they are much lower than the NCAA tourney payout, given that ESPN pays NCAA (which owns NIT) less than 1/10 what they get for the NCAA tourney and that payment also includes ESPN coverage of other sporting events besides the NIT. If the payouts aren't very high and you have to use your own facilities (unless you make it to MSG), I'm looking at the financial proposition as just marginally better than pay-to-play. Maybe the TV exposure helps a little with recruiting, however. You're right that the payouts are not large but they are significantly better than a pay for play tournament. Remember, the pay-for play, only is profitable if you sell a lot of tickets. And the Bonnies are a small venue team which means even a sellout has limited potential and very few teams draw well for those events since the games are scheduled with days notice and they don't have much hype since they are such a low tier tournament. For instance, paying the $75k for the CBI would be hard to recoup with a venue the size of the RC and tickets already being so reasonably priced during the season. The NIT payouts units equally so even if there is a Blizzard and the RC is empty (and hypothetically the game is still played because, let's say, the teams are there a day in advance) it is not a financial hit to the Bonnies because they will still get a units check from the NCAA. The other pay-to plays only allow you to keep the profit made above and beyond their fees which can be hard to do. At the end of the day, the NIT is a much better option financially. |
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