I like it, but it probably isn't practical.
But a couple things
1) ISU dropped the Cap City challenge because nobody showed - not really because of money - well, one led to the other. But I think JP wanted the home court crowd, since we didn't play the return game on a semi-neutral floor.
2) How could Drake NOT make money off this? I'd think Wells would be packed for all these games and is 2.5x the size of Knapp. And they would get a cut EVERY year, not just for their every other year home games. Seems a little odd.
3) 3 games in 3 days. Alot of teams do this in Hawaii, Vegas, Puerto Rico, Alaska. It's nothing really new. But to do it every year against the same teams? I'd kind of like a regular two game tournament - but the marquee game is obviously iowa/ISU. UNI beats ISU and iowa beats Drake (if that's a first round pairing) and no big school matchup. That won't go over well. I could handle not playing UNI or Drake if the tournament turned out as such, but we couldn't miss that iowa game.