• Loading stock data...
Sunday, April 5, 2026

How Conferences Cash In on March Madness 

The NCAA “unit” system for men’s and women’s basketball pays out hundreds of millions for both tournaments combined.

Kirby Lee-USA TODAY Sports

The NCAA Division I men’s and women’s basketball tournaments can earn conferences and their schools millions through the “units program,” a prize pool paying out hundreds of millions of dollars based on how far teams advance. 

This year, the men’s tournament will offer more than $220 million, while the women’s tournament will offer about $20 million. 

Here’s how it works: Each conference receives a payment for its automatic qualifier, or conference tournament champion. Then, the “units,” or slices of the overall prize pool are awarded to the conference of each team that receives an at-large bid. All schools earn an additional unit for each round they advance. New this year: Schools will earn one unit for advancing to the championship game, and another for winning the title. 

Men’s Tournament Units

Last year, the SEC earned a record $26 million on Selection Sunday when it sent 14 teams (13 of which were at-large programs) to the men’s Big Dance. While the SEC is sending fewer programs this year, it still ranks at the top of all conferences in both bids and earnings with 10 overall schools, followed by the Big Ten with 9, and the Big 12 and the ACC with 8 each.

However, conferences don’t get that money up-front—they’re paid out on a six-year rolling basis. What’s more, each conference has a different way of divvying up the payouts. The ACC, for example, has promised to give all the money to the specific schools that earn them, while other conferences divide them equally among all schools, even those that don’t make the tournament. 

Women’s Tournament Units

After the NCAA signed a new and more lucrative media rights deal, the NCAA began offering units for  the women’s basketball tournament in 2025. The program was heralded by coaches as the most important step in the battle for equity in college basketball.

For the women’s tournament, the unit distribution rules are the same, though the money is paid out on a three-year rolling basis, rather than a six-year basis. The pool is also smaller than the men’s. However, the percentage of the media rights deal offered to the women as units is the same percentage as that offered to the men’s tournament when their media deal started: 26%.

For the women’s tournament, the Big Ten is sending the most programs with 12, led by overall No. 2 seed UCLA. The SEC follows with 10, the ACC with 9, and the Big 12 with 8.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Mar 29, 2026; Washington, DC, USA; UConn Huskies guard Braylon Mullins (24) celebrates after making the game-winning three-point basket against the Duke Blue Devils in the second half during an Elite Eight game of the East Regional of the men's 2026 NCAA Tournament at Capital One Arena

Braylon Mullins Waiting to Cash In On Game-Winning Shot

Mullins is holding off on NIL opportunities until the Huskies’ season ends.
Oct 4, 2025; Spokane, WA, USA; ESPN college basketball analyst Sean Farnham emcees during Numerica Kraziness in the Kennel at the McCarthey Athletic Center

ESPN Making Wooden Award Ceremony More Like Heisman

This year’s award winner will be revealed live in Los Angeles.
Mar 30, 2026; Dallas, Texas, USA; Minnesota Timberwolves guard Anthony Edwards (5) looks on during the second half against the Dallas Mavericks at the American Airlines Center.

Cunningham, Edwards Out of NBA Season Awards Due to 65-Game Rule

Luka Dončić was injured Thursday after playing his 64th game.
Apr 2, 2026; Phoenix, AZ, USA; UCLA Bruins head coach Cori Close during practice prior to a 2026 NCAA Final Four women's basketball semifinal at Mortgage Matchup Center

Future of WNBA Draft Eligibility Rules Looms at Final Four

Not everyone is jumping to usher in a new era of eligibility.

Featured Today

‘The Sonics Never Died’: The Long Afterlife of Seattle NBA Merch

Inside “the largest team shop for a team that doesn’t exist.” 
Mar 27, 2026; Washington, DC, USA;UConn Huskies forward Tarris Reed Jr. (5) dunks the ball against the Michigan State Spartans in the second half during a Sweet Sixteen game of the East Regional of the men's 2026 NCAA Tournament at Capital One Arena
March 28, 2026

March Madness Coaches Debate ‘Blueblood’ in NIL Era

The term’s meaning was up for debate at men’s March Madness.
Maxime Vachier Lagrave
March 25, 2026

The Planet’s Best Chess Players Are Having Their LIV Golf Moment

Chess’s most prestigious tournament is battling a splashy Saudi event.
Beau Brune/LSU
March 22, 2026

College Athletic Departments Are Becoming Media Companies

“There’s only so many tickets you can sell, but content is infinite.”
Jul 29, 2025; Montreal, QC, Canada; Maya Joint (AUS) reacts after scoring a point against Leylah Fernandez (CAN) in first round play at IGA Stadium.

NCAA Proposes Prize Money Rule Change After Landmark Settlement

The change would allow players to accept prize money without affecting eligibility.
April 2, 2026

NCAA Is Trying to Close NBA Draft Eligibility Loophole

If passed, the rules will be implemented by the next academic year.
April 2, 2026

Brett Yormark and Cody Campbell Fight Over Who Runs Big 12

“He is not the dictator of the conference. That’s not his role.”
Sponsored

Baseball Is Back: MLB Opening Day Prices Soar

MLB Opening Day ticket prices are at record highs. TickPick data breaks down demand, pricing trends, and where fans are paying the most.
April 2, 2026

Iowa State Star Audi Crooks Enters Transfer Portal

Crooks, an Iowa native, has one year of eligibility remaining.
April 1, 2026

Why a Furniture Store Is Risking $50M on UConn Basketball

Jordan’s Furniture will refund purchases if both Huskies teams make the final.
April 1, 2026

The European Agent Behind the Illinois Final Four Run

Miško Ražnatović represents four of the Illinois “Balkan Five.” 
March 30, 2026

Top Seeds Sweep Women’s Final Four As 2025 Teams All Return

It’s the first repeat Final Four in 30 years.