OVC makes first distribution of "basketball enhancement plan" money
Last month the Ohio Valley Conference announced a basketball enhancement plan to help reward successful men's programs. At their annual spring meetings, the league's board of presidents agreed to give out up to $500,000 annually to each of the conference schools. That money is a portion of the extra revenue earned from recent wins in the NCAA men's basketball tournament. With their fiscal year ending June 30th, the conference has made the initial distribution available to the schools. Belmont, which did not officially join the conference until July 1st, will not be eligible for one of these distributions until after the 2012-13 season.