Posted on 01/02/2016 8:36:44 AM PST by doldrumsforgop
Ooooohhhh!
They will be for 5 of the next 7 years. Idiots are in charge.
I could use a step ladder!
Most bowls mean nothing beyond the main 5-7.
Everybody has one nowdays.
Take a look at the payouts for the bowls - http://www.statisticbrain.com/college-bowl-game-payouts/
Only the newest and very minor bowls are less than $1 Million. The Championship Game last year paid out $22 Million - PER TEAM.
yes, I know the big bowls, and of course the play off games, are HUGE. Also remember that bowl pay outs are against a guaranteed allottment of tickets that the schools promise that their fans will buy. There are times where bowl appeareances have COST teams on net - smaller bowls of course, but still.
But you know, someone has to pay for the lacrosse team, the swimming teams, the baseball team, the soccer team, the gymanstics team, and ALL women’s sports.
I mean the big programs bring in zillions of dollars. But that pays for everything else. Many schools, smaller schools with smaller fan bases, lose money on athletics. For example, Duke and Miami and Wake Forest almost always lose money on football.
That is correct and the rich are getting richer and the poor getting poorer. TV Revenue accounts for a lot. It was reported that each of the 14 schools in the SEC received $26 Million in 2014 as their share from the SEC Network.
Which is why the ACC will continue to lose ground every year to the SEC.....SEC with one small private school, Vanderbilt. The ACC has Duke, Wake, Miami and Boston College....meanwhile Pitt and Syracuse are kind of hybrid public schools.
The public universities simply have many many times the alumni and also often that very valuable “University of” mantra. The SEC is full of massive “university of” schools. So is the Big Ten.
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