College basketball might be in for a bit of conference-tournament realignment. The issue, of course, is money -- and determining where conferences and host cities can make the most of it could force a few tournament-location changes in coming years.
College basketball tournaments are multimillion-dollar moneymakers for conferences and host cities. Some cities, like Las Vegas and New York, experience a windfall every year, but others like Atlanta and Kansas City are fighting to play host to tournaments more often. Other cities are simply trying to hang on to the tournaments that call them home.
The Big East’s tournament is one of the most successful each year and is in its 30th year at Madison Square Garden. And though it’s in the first year of a five-year extension at MSG, the conference appears close to signing a deal keeping it there through 2026.
Last year, the conference saw its most-attended tournament in total attendance and ranked second, behind the ACC, in average per-session attendance.
The ACC tournament, which annually ranks first or second in total attendance and average per-session attendance didn’t sell out this year ahead of tournament play, even though games are being held in the 19,300-seat Phillips Arena in Atlanta instead of the much larger Georgia Dome. The 2001 tournament in the Georgia Dome was the most-attended conference basketball tournament in NCAA history for both total attendance (182,625) and per-session attendance (36,605).
The result? The Atlanta Sports Council estimated a total economic impact that year of more than $31 million. But when the Georgia Dome hosted the tournament again in 2009, the impact dropped to $22.9 million.
Dan Corso, executive director of the Atlanta Sports Council, said this year’s tournament will provide greater economic impact than in 2009.
“The economic impact this year, dependent upon how many visitors attend the event, is estimated at approximately $25 million,” said Corso.
The economic impact isn’t as profound for the Big Ten tournament, although it ranks in the top five in terms of attendance each year. John Dedman, Indiana Sports Corp.’s vice president for communications, said the total for the men’s and women’s tournaments in Indianapolis this week is expected to be $12 million to $15 million. “The majority of that economic impact is on the men’s side,” said Dedman.
By comparison, Dedman said the inaugural Big Ten Football Championship Game, which was held in Indianapolis in 2011, generated $17.7 million in economic impact.
The Big 12’s tournament has rotated between Kansas City, Oklahoma City and Dallas over the past decade. The future site is the source of much debate as Missouri leaves the conference for the SEC. The combined economic impact of both the men’s and women’s basketball tournaments in Kansas City is $14 million.
The men’s tournament is in Kansas City through 2014, but the conference announced in November the women’s tournament would leave for Dallas in 2013 and play in Oklahoma City in 2014.
Another tournament potentially on the move is the Pac-12’s championship. Also a perennial top five in attendance in recent years, it is concluding an 11-year stint in Los Angeles this weekend. Commissioner Larry Scott confirmed this week that moving to Las Vegas or Seattle is possible, though there is also the possibility of staying in Los Angeles.
Las Vegas already hosts three conference tournaments: the Mountain West, Western Athletic and West Coast.
“We have not thought a lot about other leagues,” Scott said. “I think more about TV and what our TV windows would be and how they would match up.”
Mountain West coaches may be hoping the conference’s merger with C-USA will result in a new location for their conference tournament. The games are currently played on UNLV’s campus, which has caused some coaches concern over the possibility of a home-court advantage.
“I think it’s absolutely unfair,” San Diego State coach Steve Fisher said during this week’s coaches’ teleconference. “It’s not done in any other major conference.
The Mountain West played its tournament at the Pepsi Center in Denver from 2004-06, but attendance paled in comparison to Las Vegas. The highest attended tournament in Denver drew a total of 37,300, whereas Las Vegas has averaged nearly 57,000 each of the past five years. Last year, the tournament drew a record high of 69,913.
In a 2009 study prepared for the Las Vegas Convention and Visitors Authority, the economic impact of the Mountain West tournament brought $6.4 million in non-gaming economic impact to Las Vegas.
Colorado State coach Tim Miles implies it’s the money that has really mattered in the choice of the host city.
“As coaches, we’ve asked for this to be changed and it’s been voted down each time,” Miles said. “When those kids get the bracket and the first thing they do is drop their head because they’re on UNLV’s side of the bracket, or they breathe a sigh of relief they’re not on UNLV’s side of the bracket, it really makes a difference.”
“You can’t tell me any of this was done in the best interest of the student-athletes.”