Bowl Payouts

[CajunVic]

The IRS taxes a bonus differently than normal wages.
If you're not careful, half the bonus goes to IRS...this was prior to Trump Tax Cuts, not sure about now...

It’s not. Your company may have withheld differently but that all washes out when you file your return. However, they are not taxed differently . . .

[JMV JustMyView]

Good idea.

[CajunEXPRESS]

At my former employer I was taxed higher on catastrophe pay than normal wages, but as stated it balanced out in the actual annual taxes. I always refused to overtax myself in the withdrawal estimate. I went with the least legally amount possible. I preferred writing a small check to getting a big refund months after it was taken from me.

[GeauxLA]

I'm calling shennanigans on a $2.2 million payout. For the 2021 bowl game, BYU got $400,000 and CUSA got $200,000. The last time it was at $2.2 million was for the 2019 game. There was no game in 2020. AAC and service academies don't move the needle on this game paying out over $2 million like when it was SEC/ACC teams.

[Esqueleto]

I'm calling shennanigans on a $2.2 million payout. For the 2021 bowl game, BYU got $400,000 and CUSA got $200,000. The last time it was at $2.2 million was for the 2019 game. There was no game in 2020. AAC and service academies don't move the needle on this game paying out over $2 million like when it was SEC/ACC teams.

I think it just depends on ticket sales. 1500 vs 15k is probably the difference.

[Turbine]

I'm calling shennanigans on a $2.2 million payout. For the 2021 bowl game, BYU got $400,000 and CUSA got $200,000. The last time it was at $2.2 million was for the 2019 game. There was no game in 2020. AAC and service academies don't move the needle on this game paying out over $2 million like when it was SEC/ACC teams.

Payout is based on how many of your tickets are sold.

Which is why the losing team could have a bigger payout than the winning team.

[GeauxLA]

Payout is based on how many of your tickets are sold.

Which is why the losing team could have a bigger payout than the winning team.

No Turbine. Payouts are negotiated with conferences before a bowl is ever played. It matters not whether you win or lose.

The bowl saves cash with payouts by allocating tickets to each participating school. If a school doesn't sell all of their tickets, the full payout is not achieved. If UL was allocated 10,000 at a fair market value of $45 a ticket, then the bowl is not on the hook for paying out $450,000 in cash as it is up to the school to earn that money. If the agreement called for a payout of $1,000,000 to each school, then the bowl is really only on the hook for $550,000 in actual payment to the school.

[GeauxLA]

I think it just depends on ticket sales. 1500 vs 15k is probably the difference.

It depends on the negotiated contracts with conferences and the bowl itself. There's no way the Independence Bowl agreed to a similar payout as SEC/ACC matchup and AAC/service academy.

[Turbine]

No Turbine. Payouts are negotiated with conferences before a bowl is ever played. It matters not whether you win or lose.

Then let me be crystal clear and reword it.

The losing team can pocket more "way more" money than the winning team.

[GeauxLA]

Then let me be crystal clear and reword it.

The losing team can pocket more "way more" money than the winning team.

And? What's your point?