NCAA FGCU Basketball

Florida Gulf Coast University collects “about $15,000” during first quarter of 2013

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The Florida Gulf Coast men’s basketball team put not just their program, but school on the map advancing to the Sweet 16 in the 2013 NCAA Tournament. It’s impossible to put a price on the kind of exposure and earned media the school from Fort Myers — established just over 20 years ago in 1991 — received due to their magical run beating Georgetown and San Diego State convincingly.

When the cash registers officially closed and numbers tallied, Florida Gulf Coast only cashed out on about $15,000 in royalties from sales of officially licensed merchandise in the first quarter of 2013.

$15,000 doesn’t seem like a whole lot, right? Here’s how FGCU’s payday shakes out:

FGCU receives an 8 percent royalty on the wholesale price — not retail price — of officially licensed merchandise, and splits that revenue with Licensing Resource Group. A T-shirt that sells for $20, for example, may only carry a wholesale price of $5, which would generate a royalty of 40 cents. LRG’s cut would be 14 cents, leaving just 26 cents for FGCU. For the period that ran Jan. 1 to March 31, royalties totaled $22,017 on $293,119 of wholesale sales, the vast majority coming from apparel sales.

When compared to the $5,298 in royalties from the first quarter in 2012, Loren Prive, FGCU’s director of business operations, commented: “It doesn’t look huge, but when you compare it to last year, it’s much better.”

While the increased royalties FGCU received is certainly a nice boost, it pales in comparison to larger schools and athletic programs around the country. The University of Florida, for instance, brought home $6.3 million in licensing royalties from July, 2011 to June, 2012.

Ultimately, the real money to be made from their NCAA Tournament success is from a stark increase in high school students applying to the school. From an ESPN article in late March:

From March 21 to March 25, unique visitors to the admissions page on FGCU’s website leaped from 2,280 to 42,793. Overall visits to the school’s website topped out on Monday at 230,985, not counting the 117,113 who went directly to the athletics page. In the month leading up to FGCU’s advancing to the Sweet 16, visitors to the website had seen a daily count as low as 18,863.

You can find Kevin on twitter @KLDoyle11

VIDEO: Arizona commit Terrance Ferguson throws down under-the-legs dunk after making 3-pointer

"CHARLOTTE, NC - JULY 9: Terrance Ferguson during the 2015 Under Armour All-America Basketball Camp on July 9, 2015 at Queens College in Charlotte, NC. (Photo by Ned Dishman/Under Armour)"
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Arizona commit Terrance Ferguson has been known as one of the best dunkers in the country for the last few years. So you knew the 6-foot-6 wing was going to attempt the latest internet dunk craze that’s been going around.

Some call it the, “5-point play” in which the dunker makes a 3-pointer and immediately sprints following the shot release to catch the make for an under-the-legs dunk.

It’s as tough as it sounds and Ferguson makes it look easy.

VIDEO: Manute Bol’s 6’11” son Bol Bol throws down in-game under-the-legs dunk

McPherson's Jacob Loecker attempts to steal the ball form Shawnee Mission-Bishop Miege's Bol Bol during the first quarter of the boys' Class 4A Division I state championship basketball game Saturday, March 12, 2016, in Salina, Kan. (Travis Morrise/The Hutchinson News via AP)
(Travis Morrise/The Hutchinson News via AP)
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Bol Bol is the son of former NBA center Manute Bol, and the younger Bol is earning quite a bit of attention himself as a five-star prospect in the Class of 2018.

The 6-foot-11 Bol showed off some of his freakish coordination and athleticism on Friday night, by ripping a steal and taking it coast-to-coast for an under-the-legs dunk in the middle of a game at the Jayhawk Invitational.

Bol will be one of the players to watch this spring as he plays with KC Run GMC.

Iowa State guard Naz Mitrou-Long gets hardship waiver to play additional year

Iowa State guard Nazareth Mitrou-Long defends Buffalo guard Jarryn Skeete during the second half of an NCAA college basketball game, Monday, Dec. 7, 2015, in Ames, Iowa. Iowa State won 84-63. (AP Photo/Justin Hayworth)
(AP Photo/Justin Hayworth)
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Iowa State got a boost to its roster for next season as senior guard Naz Mitrou-Long has been granted a hardship waiver by the Big 12 conference.

“Everything happens for a reason and although it hurt to not be able to play for a group of guys I loved last year, my body needed time to recover and that time off allowed me to feel the best I’ve felt since my freshman year,” Mitrou-Long said in the release. “I’m glad I’ll be able to play for the best fans in the country and represent the name on the front of my jersey, Iowa State, one more year. Words can’t describe this feeling. Cyclone Nation, be ready for a special year.”

The 6-foot-4 Long played in eight games last season for Iowa State as he averaged 12 points per game. He missed the rest of the season to deal with pain in his surgically repaired hips. Mitrou-Long has been a very effective three-point shooter during his career at Iowa State and he should be a nice option to have for next season if he’s healthy.

CIAA will stay in North Carolina despite state’s LGBT law

Protesters rally against House Bill 2 in Raleigh, N.C.,  Monday, April 25, 2016. While demonstrations circled North Carolina's statehouse on Monday, for and against a Republican-backed law curtailing protections for LGBT people and limiting public bathroom access for transgender people, House Democrats filed a repeal bill that stands little chance of passing. (Chuck Liddy/The News & Observer via AP) MANDATORY CREDIT
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CHARLOTTE, N.C. (AP) The Central Intercollegiate Athletic Association says it won’t move its headquarters, its basketball tournament or other conference championships from North Carolina, despite the state’s controversial new LGBT law.

The CIAA said in a statement Thursday that it will instead partner with the NCAA to educate its members on lesbian, gay, bisexual and transgender issues as it does on other issues, like graduation rates and concussion management.

The Charlotte Observer reports that the CIAA, the oldest African-American sports conference in the U.S., has hosted its annual basketball tournament in Charlotte since 2006 and announced it was moving its headquarters to Charlotte from Virginia in 2015.

The CIAA said Thursday that it will continue to “monitor the issues,” as it has since House Bill 2 passed.

 

VIDEOS: Stephen Curry personally invites athletes to his select camp

Golden State Warriors guard Stephen Curry, left, holds the championship trophy and Andre Iguodala holds the series MVP trophy as they celebrate winning the NBA Finals against the Cleveland Cavaliers in Cleveland, Wednesday, June 17, 2015. The Warriors defeated the Cavaliers 105-97 to win the best-of-seven game series 4-2. (AP Photo/Paul Sancya)
(AP Photo/Paul Sancya)
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As he did last year, the NBA’s MVP is sending out personal invites to Under Armour’s SC30 Select Camp for some of the best high school and college point guards in the country.

It’s a pretty cool thing for the kids. Can you imagine how you would feel as a high school junior getting a personalized invitation to a camp from Stephen Curry himself?