CNBC: March Madness By the Numbers

I truly do not understand why the schools allow the NCAA to have this money. They could all quit tomorrow and form their own governing body that believed in due process, equal protection, precedent and consistency and distribute the $700,000,000+ million to the 300+ schools that play d-1 basketball. Fund the organization with about $50,000,000 per year and everyone gets $2,000,000 a year for their AD. That would make a huge difference for the little guys and certainly help the big schools.
 
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