Posted on 08/18/2005 1:38:08 PM PDT by wallcrawlr
The NCAA now owns college basketball's postseason. The organization purchased the rights to the preseason and postseason National Invitation Tournaments as part of a settlement that ends a four-year legal fight between the two parties.
The 40-team postseason NIT, which is a year older than the NCAA tournament and was once the bigger event, will now be run by the NCAA.
In the deal announced Wednesday at Madison Square Garden, the NCAA said it will pay $56.5 million to the five New York City colleges that operate the Metropolitan Intercollegiate Basketball Association, the organization that has run the NIT since 1940.
Fordham University, Manhattan College, St. John's University, Wagner College and New York University will receive $40.5 million for the rights to tournaments and $16 million in litigation fees over a 10-year period.
(Excerpt) Read more at startribune.com ...
NIT = Not In Tournament
What they should do is scrap the postseason NIT, elimate the conference tourneys, and expand the NCAA to every team with an .500 or better record, either overall schedule and/or conference..It'd be two more rounds..maybe seed the top 32 or so..give them a first round bye....EVERYONE GOES DANCING......this is the first step in that direction..
"WE'RE NUMBER 66! WE'RE NUMBER 66!"
}:-)4
Or to make money off of the NIT, contract the NIT to only conference winners and conference tournement champions. Good at-large teams would face off in the NIT. The NCAA tournement would determine the champion, but at the end of the season, have the NIT champions and the national champions play an exhibition.
NIT should have held out and taken all the colleges with "offensive names" so they could all tell the NCAA to STFU.
Then everyone would play a nobody non-conference and the quality would seriously decrease. Teams can play 11-13 noncon games, and even relatively poor teams can go 4-12 in conference.
What they need to do is go the other direction: put emphasis on conference tournaments by requiring a win or a high enough place in very competitive conferences even to make the NCAA tournament. That would eliminate teams taking tournaments off to rest for the NCAAs and also would make March even madder!
If I had my way, I would just eliminate basketball.
Anyone who isn't competitive in the NCAA tourney is better off in the NIT anyway, it gives them the chance to be champion of something at least.
Kinda disagree..if most everyone halfway decent is gonna make the tourney..which is what kids want when they sign with a school..then you'll see more spreading around of talent over time..yet you'll still have a top-tier of 25 or so schools..who will get byes..and favorable locations fore the first few rounds....and you won't have the occasional embarassment of a really bad team winning the conference tourney..
I wish a couple of the major conferences would get together and tell the NCAA to go jump in a lake.
What a great way to escape justice. buy off the prosecutor and fire his sorry self for suing you.
NATIONAL NATIONAL NATIONAL
It all sounds Fascist to me. I'm offended by these Fascist names! They should be banned!!!!
Amen. I hate Myles Brand and the NCAA.
Now they will be sued by players for being true indentured servants. You heard it here first.
An off-year Georgetown or South Carolina is generally still going to be better than a tournament-bound Fairleigh Dickenson or Liberty.
Ya think Brand will be watching Bobby Knight's new reality TV show?
I wonder how much Knight was charging for his 'expert witness' fees on behalf of the former owners of the NIT? i suspect he hates Myles brand so much, he would have been testifying free of charge.
The NCAA has lost every major law suit it has been involved in. This would have been the latest.
It's a good outcome..the 5 schools get big $$$,a nd the NIT goes away..lately..it was an embarassment..because all the early rounds were held on one team's home court..
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