NCAA Earns $1.15B In 2021

INDIANAPOLIS (AP) – The NCAA generated more than $1.15 billion in revenue in 2021, returning to normal after the cancellation of the men’s basketball tournament because of the pandemic in 2020 cost the association and its member schools $800 million.  The majority of the revenue is distributed back to its more than 1,200 member schools. The 350 Division I schools that can participate in the basketball tournament earn the bulk of it, mostly through shared payouts to conferences.