This "minimum bid" is a financial guarantee. Not sure if it is the same for softball as in baseball (need to review the championship manuals) ... but baseball super regionals have a minimum financial guarantee of $35,000 and 75% of the estimated net receipts submitted on the hosting proposal. The actual amount owed the NCAA (at settlement) depends on the actual net receipts.
Brian
You said they were on bubble before tourny, they went winless and didnt even lose to the champs, im just sayin if they were on the bubble the bubble certainly did not burst, please show how they were in fact on alleged bubble?
Why not publish the bids, when cities bid formthe cfp the bids were new. I even recall fiesta bowl was charged with corruption, but them winning the bid wasnt affected oddly enough. Cheating pays i guess with ncaa??
So everyone has the same bids, only the net outcome will be based on the success of the bidders?
No. A % of estimated net receipts is bid ... at least in the last bid form that I saw from a few years ago. This translates to an estimated bid, which then becomes an actual payment to the NCAA once the net receipts are known (full accounting is done post regional/super regional).
Brian
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