Division II Class A Sub-State Basketball Financial Report Guidelines

Postseason financial forms must now be completed through the TSSAA Portal.

The formula for distribution of gross gate receipts is as follows: 30% of gross to host school, 35% of gross to visiting school; and 35% of gross less payment for the game officials to TSSAA. The host school will be responsible for site expenses out of their 30% and the visiting school will be responsible for traveling expenses out of their 35%. The host school shall be responsible for the payment of game officials. Payment for the officials shall be taken from the 35% of the gross gate receipts due to TSSAA. The Assigning Officer of the officials crew will contact the school with the officials’ names and game fees due to each official working the contest. The Assigning Officers will also be able to provide the proper information so that the school can issue checks.

All checks for district, regional, and sectional tournaments and playoffs must be distributed within 10 business days of the completion of the tournament or game. Failure to do so will result in a $100.00 late fee to be paid to TSSAA and is to be used in the A.F. Bridges sportsmanship program to go to schools or students receiving awards. Failure to distribute funds within 20 business days will result in an additional $200 late fee (total $300.00). Failure to distribute funds within 40 business days will result in an additional $200.00 late fee (total $500.00). The school may not host any tournament or playoff until the principal or athletic director appears before the Board of Control to explain their reasons for not distributing the checks within the required time frame. The Board would then determine whether the school can host tournaments or playoffs in the future.

We will send more tickets than you will need, but it is suggested that you have some roll tickets available in case your supply is not sufficient.

The host school is required to return the financial form, check, and the School System Ticket Reconciliation Form to TSSAA within 10 days of the completion of the game.  Schools must keep their unsold tickets for two weeks after the game before they are allowed to throw them away.