CLOSE What I’m Hearing: USA TODAY Sports’ Scott Gleeson spoke a number of college basketball coaches about their emotions following the announcement that the NCAA tournament will be cancelled do to the coronavirus. USA TODAYThe NCAA saw this coming more than 15 years ago.Not the outbreak of a deadly virus that would become a global pandemic and force the association to cancel its Division I men’s and women’s basketball tournaments.But the NCAA did have the foresight to begin planning for an unknown catastrophic event that would threaten its biggest and most lucrative event.By 2014, the association had accumulated a nearly $400 million cushion as a hedge against a massive loss of revenue from the tournament. However, at the direction of its governing board of college presidents, the NCAA distributed that money to schools to help them with increasing costs and spent it on their behalf in other ways, including a $208.7 million legal settlement.The NCAA depends on the basketball tournament for nearly all of its annual revenue, more than half of which gets distributed directly to Division I schools and conferences. The money comes mostly from a multi-billion-dollar media and marketing contract with CBS and Turner, but it also comes from ticket


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