BCPanther wrote:Cdizzle wrote:Bball Junkie wrote:So, with giving less than 24 months notice to the league, Wichita is not eligible to receive any money for their NCAA tournament credits, right? So, those will be distributed evenly among the remaining 9 Valley teams?
That's correct. The league was siphoning off as much as they could while WSU was in the league, so it's not much of a difference. Well, it's about $2.25MM over the next 6 years by my calculations, but whatever. Keep the change.
They weren't 'siphoning off' anything. The distribution structure has been the exact same since the 90s.
Split into 12 'shares'
1 to the league office
2 to the team earning the share
1 to each of the other 9 teams.
In the mid 1990's Wichita was siphoning off Illinois State, Bradley and SIU