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How energy drinks and liquor will help pay for a bigger NCAA tournament
The policy shift opens new revenue streams as the NCAA seeks funds to expand its basketball tournaments, with ESPN and other TV partners carrying the ads.
On July 1, the NCAA lifted its long-standing ban on liquor and energy drink advertising during championship broadcasts, allowing these products to appear in television commercials for the first time.
The NCAA previously prohibited these advertisements to promote 'healthy values' for student-athletes; financial motives drove the governing body to reverse this long-standing policy.
Officials expanded the commercial time limit per hour for these product categories to 120 seconds, though on-site advertising at championship events remains prohibited.
David Carter, founder of the Sports Business Group, said the marketing potential is 'just too tempting to pass up,' allowing networks including CBS and ESPN to sell more commercial slots.
Revenue generated from these advertising deals will support the NCAA's expansion of men's and women's basketball tournaments, with multiple NCAA panels having approved the final contract.