April 9, 1942. Confirming wy conversation of this morning I an writing you some data which I think will make very interesting reading in re- gard to the N.C.AA. basketball tournament and the way the N.C.AcA. — handles their finances. I am also enclosing some tear sheets from the Hational Collegiate Athletic Association booklet in which they give the proceedings of the 36th Ammal Convention held at Detroit, Michigan, on December 28-31, 1941. I would send you the entire book but it would have to go second class, and I am interested in having 4 you get this at the earliest possible moment. ! You will notice on page 154, Appendix III, Finencial Reports of Tournaments and Treasurer's Report. Under this large caption is the financial report of the 1941 basketball play-offs and final geme, both the Hastern and Western and the Final play-off. After listing all expenses there is « swmary on page 156, and the net receipts are listed as (9,045.92. Then under distribution of net receipts as above ($9045.92). the N.C.AA. takes 10% of that amount whieh gives them $904.40, leeving « balance of $6,159.52. Now, 2a they divide this amount. Fifty per cent of this $9239.52 goes to the H.C.Acd. That gives the N.C.AA. a total of $4974.16 from the net . proweeds, but to the teams were allocated either 2/18 or 3/18. All of these teams, you will notice, with the exeeption of Wisconsin and Washington State, got 2/18 because they played in two games; while Wisconsin and Washington played in the finals which made three games for then. This year in the ‘estern play-off Kansas, Rice and Colo- rado played tw genes, and in the Eastern play-off Illinois, Penn State and Kentucky played two. ‘two games a piece for these six teans made twelve games, and three games a piece for Stanford and Dartmouth made six gees. That makes a totel of 18 gemes. ‘Therefore, the teans that went to the finals get 3/18 of this 50% of the melon after it had had 10% sliced from it. ‘thile the N.C.A.A. derived $4074.16, the team that went on to win the 1.C.A.A. title, like Wisconsin last year, af 3 ¢. 8 AEE Dn, SEL EEE Pee FE