Mon, Oct 06, 2008

Football

college football bowl season

Though idle, Cats still make money

Pac-10 shares revenue — 10 percent for each school
By Ryan Finley
Arizona Daily Star
Tucson, Arizona | Published: 01.02.2008
The UA athletic department continues to profit off bowl games, even though the Wildcats have not played in the postseason since 1998.
For the second straight year, Arizona will receive about $1.8million from the Pac-10 Conference in bowl-game revenue, according to estimates based on this year's bowl budgets.
The Pac-10, like all major conferences, splits bowl profits equally among its schools. This year's figure, minus expenses, is expected to reach about $18.1 million; Arizona receives exactly 10 percent of that.
The Wildcats can thank the Rose Bowl for most of their windfall. The Rose Bowl paid USC $17 million to play Tuesday in Pasadena; the Trojans were allotted about $1.3 million in expenses, leaving about $15.7 million in profits to be split 10 ways.
"The Rose Bowl, as we all know, is the big one," UA athletic director Jim Livengood said Monday. "With most of the rest of the (bowls), the payouts are taken up because of expenses and such."
In fact, just three of the Pac-10's six bowl affiliates make money. They are:
● The Rose Bowl. The "Granddaddy of Them All" paid USC $17 million, with about $1.3million being allocated for expenses. The remaining $15.7million goes to the Pac-10 for distribution.
● The Holiday Bowl. Arizona State was awarded $2.25 million to play in last week's game, which the Sun Devils lost to Texas. ASU was expected to spend about $1 million for travel and lodging, leaving about $1.25million to be split 10 ways.
● The Sun Bowl. Oregon received $1.9 million to play South Florida on Monday in El Paso. The Ducks were expected to spend about $750,000 in expenses, leaving roughly $1.1 million.
The Las Vegas, Emerald and Armed Forces bowls are generally money-losers, and as a result the Pac-10 allows those participating schools to use all their payout money to handle expenses.
But even that money can run out quickly; California deputy athletic director Steve Holton told The Orange County Register that he did not expect to break even following the Armed Forces Bowl. Cal was given $750,000 to participate but spent about $240,000 on chartered planes and buses alone, according to the Register.
The Pac-10's profits are expected to stand at about $18 million a year unless the conference can get two teams into BCS games, though the profits from a second game are not as large as one might think. BCS rules dictate that no conference can receive more than $25.5 million in BCS-game payouts during a single season. So while the Pac-10 might receive $17 million for one team, its second team essentially would play for half price.
Still, Livengood said the bump in revenue would help the conference. A second BCS team would net another $7.2 million, after expenses, for the conference — and about $720,000 for Arizona.