I love how it's only after we put ourselves in a golden position to make money, that the Belt sees it as an opportunity to share revenue.
I've heard most conferences share bowl revenue. Dont' think that would change if we went ot CUSA and had to subsidize schools losing a ton of money going to Hawaii.
and we have a winner. From a monetary standpoint the disparity for college bowls is incredible. When UConn lost money going to the Fiesta bowl I had to scratch my head a bit. I started doing some research and was amazed at who really makes the money in bowl games. Lets just say you can't get a much better gig than being the commissioner for a bowl game.
The SEC schools make money because they will usually have at least three schools in BCS games with revenue sharing approaching 58 million. Toss in another half-dozen SEC schools in bowls that can at least break even and in some cases bring a few bucks back to the conference office and the revenue sharing isn't bad. Big 12, PAC, Big 10, ACC can meet with some revenue success as well but they have also had numerous looks at some red ink on that bottom line.
For the rest of college football it is usually a very different story from the likes of the SEC.
A large percentage of schools with bowl teams will say " it is a reward to the student athletes for a great season". Another words this is gonna cost us. With a budget as tight as ours the last thing we need is a "reward" in Detroit, Michigan; Boise, Idaho; or any other such destinations.
From a revenue perspective it just doesn't get much better than New Orleans right now and that isn't to say we are bringing home a wad of cash but at least we didn't lose our shirt.
But at this point, the only bowl/team that made any money during bowl season (SBC) was us; there really needs to be a caveat in the distribution of funds until everybody (SBC bowl teams) is chipping in, and chipping in positively.
And our bowl expenses need to go up.
Let's share our revenue with the conference teams that share in our desire to be called "Louisiana"!
Anybody know where we could get the money (Income/expenses/distribution of funds left over from the Bowl to UL after expenses and proportional amounts) report??? I just wonder if the Bowl pays for the rings and just what other things like parties etc.!!!If I am correct the conference only started splitting funds last year---correct???
Not sure about the SBC revenue sharing plan but found this for the SEC from a couple of years back. Seems like a reasonable take on revenue sharing.
*For bowl games with receipts <$1.5M, the participating school retains $925k plus travel expenses; the remainder is remitted to the SEC.
*For bowl games with receipts of $1.5M or more, but <$4M, the participating school retains $1.125M plus travel expenses; the remainder is remitted to the SEC.
*For bowl games with receipts of $4M or more, <$6M, the participating school retains $1.325M plus travel expenses; the remainder is remitted to the SEC.
*For bowl games with receipts of >$6M, the participating school retains $1.825M ($1.925M if it's the MNC); the remainder is remitted to the SEC.
All of the money that is remitted to the SEC above is pooled; the SEC and each member school get 1/13 of the pool.
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