Reduced expenses led to a better profit for the State Boys Basketball Tournament for its first year in Binghamton.
Despite attendance falling nearly 5,000 people from its last year in Glens Falls, the 2017 tournament made a profit of $146,299, according to Robert Zayas, the executive director of the New York State Public High School Athletic Association. It was Binghamton’s first year of a three-year contract.
Glens Falls had hosted the tournament for the previous 36 years.
By comparison, the tournament turned a $103,208 profit in 2016, the final year Glens Falls hosted. Recently, it had a high profit of $161,500 in 2015, when three Section II teams won championships (Lake George in Class C, Scotia in Class A and Shenendehowa in Class AA).
Binghamton made the profit it did with attendance for the three-day tournament only reaching 10,531, which was lower than any figure Glens Falls produced since the 1980s when the tournament switched to its current format of being separate from the Federation Tournament of Champions. The 2016 tournament at Glens Falls drew 15,488.
Binghamton had the advantage of no rental charge for Floyd L. Maines Veterans Memorial Arena, while the 2016 cost for the Glens Falls Civic Center was $42,119. Binghamton’s bid also included $30,000 to the NYSPHSAA for promotion, made possible by two primary sponsors. United Health Service also donated the use of a physician and trainer throughout the tournament.
Two other areas where Binghamton cut costs from Glens Falls were security ($0 as opposed to $3,385) and hotel costs ($420 as opposed to $2,392). Binghamton’s bid also benefitted from the elimination of athletes’ gifts, mandated by the NYSPHSAA entering this academic year, which cut $7,800 from its bottom line.
Chip Corlew, the tournament director for the Federation Tournament of Champions in Glens Falls and director of Glens Falls’ re-bid for the State Boys Basketball Tournament, cited the zero-rental bids of the HarborCenter in Buffalo for ice hockey and Binghamton for the boys basketball as examples that loom over any city considering bidding for a state championship.
“Clearly, the playing field has changed in how rental fees are going to be used for state championships,” Corlew said. “I’ll say this: We’re excited with the momentum we have when people are coming in and seeing the improvements to the Civic Center.”