http://www.citypages.com/2011-12-14/news/college-bowl-system-loots-universities/Long article but pretty good.
Quote:
Last year, the nation's bowls paid schools roughly $270 million. Just for playing middlemen and providing 70-degree temperatures, bowl execs grabbed a larger cut, north of $300 million.
Even bowl apologists admit that by implementing a playoff system, like every other NCAA sport does, schools could generate three to four times what they're bringing home now. That's because TV networks will pay far more for a playoff game than they will for straight-to-DVD thrillers like the Beef O'Brady's St. Petersburg Bowl.
Quote:
The ticket scheme alone leaves schools awash in red ink. Virginia Tech lost $400,000 on last year's trip to the Orange Bowl, despite getting $1.2 million from the ACC. Though Auburn claimed last season's BCS crown, financial records show it still lost $600,000, even after a $2.2 million bailout from the Southeastern Conference.
_________________
Frank Coztansa wrote:
conns7901 wrote:
Not over yet.
Yes it is.
CDOM wrote:
When this is all over, which is not going to be for a while, Trump will be re-elected President.
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