American Conference discusses basketball-specific spending floor for schools
Yahoo Sports • 1 min read • Latest: Jul 24, 2026, 11:12 PM
Last updated Jul 24, 2026
The American Conference is exploring a minimum spending threshold for basketball, according to commissioner Tim Pernetti. At a media event on July 24, he noted the conference is assessing its initial $10 million investment threshold established in 2025 and may consider higher standards. Pernetti emphasized the need for greater investment in basketball to improve the program, which has struggled as a one-bid league in recent years. Changes in scheduling and collaboration with advisor Mike Tranghese are also part of the strategy to enhance basketball's competitive status within the conference.
- •Tim Pernetti spoke at the American Conference media days on July 24.
- •The conference established a $10 million minimum investment in 2025.
- •Basketball has been a one-bid league for the NCAA Men's Tournament recently.
- •Pernetti mentioned a potential increase in minimum basketball spending.
- •Former Big East commissioner Mike Tranghese is advising on improvements.
- 11:12 PMYahoo Sports — American Conference having 'conversations' about basketball-specific spending floor
"American Conference commissioner Tim Pernetti said the conference is having "conversations" about adding a minimum investment level for basketball.
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