Monday, March 19, 2012

Spending Pays for the NCAA's

College basketball programs spend big bucks each year--that's no secret.  But does what the spend help them receive a better bracket position in the NCAA Tournament?

Maybe.  A recent study by the Department of Ed shows that the top spending programs receive higher seeds in the NCAA Tournament.

From the Biz Journals:

Among Division 1 men’s college basketball teams, 70 percent of the top 10 spenders for the 2010-11 season were seeded among the 16 best in the NCAA tournament field this season. Exactly half of the No. 1 seeds, No. 2 seeds and No. 3 seeds came from that group.

Mizzou came in 21st of the teams to make it to the dance this year, spending $5.4 million in the 2010-2011 year.  SLU was 44th with $3 million in expenses.

See here for a full list of the teams in the tournament and their expenses.

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