Fox Sports is attempting to organise a yearly post-season collegial basketball game tournament inward Las Vegas’ T-Mobile Arena. As envisioned, it would competitor the historic National Invitation Tournament (NIT) and compete with the more pop NCAA tournament.
The proposed men’s-only tourney would include teams from basketball game force conferences, such as the Big East, Big 12, and Big Ten, according to Front Office Sports. Teams from these conferences are currently inwards talks with George Fox Sports, CBS Sports reported finally week.
Fox Sports turned to these conferences nearly the tourney since they are already below undertake with the web for other events.
The young tourney would have localise every March, starting inward 2024 or 2025, according to word reports. It would include 16 teams and unravel concurrently 'tween the NCAA Tournament’s Elite Eight and Final Four games.
The teams would only when be included if they didn’t characterize for the 64-team NCAA Tournament or turned pile the 32-team NIT.
Rivalry Between Fox, ESPN
Because the NIT is programme past ESPN, the proposed Fox Sports tournament would lead to farther rivalry 'tween the networks.
Front Office Sports also reported that if the George Fox tournament takes place, the NIT would potential follow forced to ask in to a greater extent teams from mid-major conferences because power group discussion teams may not be available. In addition, because ESPN airs games involving teams from the ACC and SEC, members of those leagues are unlikely to have parting in any Las Vegas post-season tournament programme by Fox, according to tidings reports.
News nigh the unexampled tournament also comes as most of the PAC-12 teams get bolted to other conferences.
Vegas Tournament Could Destroy NIT
The NIT has taken come out since 1938 and, prior to the 1960s, it was considered more important than the NCAA college basketball game tournament. Teams participated in the NIT by invitation only. But the NIT has gotten to a lesser extent attending inward recent years.
Things may receive far worse for the NIT if the young tournament takes position inward Las Vegas.
It testament completely ruin the NIT tournament,” Dan Dickau, a former NBA player who more of late worked for ESPN, said on the Gonzaga Nation podcast. “And it’s going to create an still bigger breach betwixt your haves and have-nots inwards college athletics.”
To lure players and teams, the proposed tournament would have got a labored focal point on lucrative name/image/likeness offerings, CBS Sports further reported.
Betting, Viewership
March Madness from the NCAA Tournament oft leads to important TV viewership and lots of sports betting.
In 2023, it was estimated that 15.5 one thousand million U.S. dollars would be wager on March Madness. About 68 jillion Americans wagered on the NCAA Tournament in 2023 compared to 45 meg inwards 2022, the American Gaming Association reported.
But this year’s NCAA men’s basketball game title gamy attracted a record-low viewership. type A reported 14.693 billion viewers watched UConn licking San Diego State, according to the Sports Business Journal.
Fox is also sounding to puddle profits from sports betting. In August, shortly after FOX Bet was unopen down, George Fox Corp. CEO Lachlan Dame Jean Iris Murdoch was optimistic most the company’s future tense sports wagering prospects. The media goliath has had recent discussions with unidentified gaming operators.
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