Men’s hoops took home $175,000 from Bahamas

Nov 22, 2012; Paradise Island, BAHAMAS; Duke Blue Devils guard Quinn Cook (2) dribbles as Minnesota Golden Gophers guard Joe Coleman (11) defends during the 2012 Battle 4 Atlantis in the Imperial Arena at the Atlantis Resort. Duke won 89-71. Mandatory Credit: Kevin Jairaj-USA TODAY Sports

The Gophers men’s basketball team said it was a business trip.

Andre Hollins and Co. backed it up by placing fifth in the Battle 4 Atlantis tournament in the Bahamas and earning a $175,000 check in the process.

No. 14 Minnesota beat then-No.19 Memphis and Stanford, but lost to eventual tournament champion Duke in the opening round.

George Markantonis, president of the Atlantis mega-resort, gave all eight teams $150,000 for playing and $2 million in additional prize money.

The championship game members each receive $200,000, the third- and fourth-place teams each get $50,000 and fifth- and sixth- place teams get another $25,000.

Minnesota’s basketball team is already the 16th-highest grossing program in the country, bringing in $14.2 million and nearly $10 million in profit behind a dense, and aging, alumni base.

Topics: Administration, Basketball, Gophers, Minnesota Golden Gophers, Tubby Smith

Want more from Gold and Gopher?  
Subscribe to FanSided Daily for your morning fix. Enter your email and stay in the know.

TEAMFeed More Golden Gophers news from the Fansided Network

Hot on the Web From