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Nancy Haskell, Assistant Professor of Economics, University of Dayton

How much is the media buzz from a March Madness Cinderella run worth to a school like Saint Peter's?

Saint Peter's guard Doug Edert celebrates during the team's upset win over Kentucky. Zach Bolinger/Icon Sportswire via Getty Images

Few people outside Jersey City had heard of the No. 15 seed Saint Peter’s Peacocks before they upset No. 2 seed Kentucky in the first round of the NCAA Tournament.

Two days later, Saint Peter’s beat No. 7 seed Murray State to advance to the Sweet 16 and become the darlings of the men’s college basketball world. Duke coach Mike Krzyzewski even suggested that the national media attention could be worth tens of millions of dollars to the small New Jersey school.

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