"The fact is, the postseason is greatly undervalued," former NCAA president Cedric Dempsey, pictured above, told the Orange County Register earlier this year.
Scott M. Reid of the Register writes: "BCS officials have spent the week congratulating themselves in private over the ESPN deal that is a 56 percent jump over the BCS' current 4-year, $320-million contract with Fox. But even if you figure in ABC's $30-million annual fee to televise the Rose Bowl the deal is but a fraction of what CBS pays out each year to televise the NCAA basketball tournament and what some longtime college and conference administrators say an eight or 16 team post-season would command.
"CBS's 11-year NCAA basketball tournament deal is worth $6.2-billion. In other words by taking a playoff tournament off the table, college football is costing itself more than $400-million a season."