Originally posted by SW_Mustang
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The Tournament as of 2022 paid teams $2 million per game played, this is to be paid out over 6 years. Most conferences have a pay-share clause that means the conference gets the winnings and doles out the cash evenly.
The Summit has 8 Full D1 members right now qualified for the payment so $2mil / 8 teams evenly split = $333,333 each of the Summit teams are getting per year on average from the Madness.
Oral Roberts garnered the Summit some extra money as well because of their Sweet Sixteen run a few years back. They earned the Summit an additional $4 million for their 2 added games played.
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