Another reason the BCS will NEVER die...

['Skins_&_'Stons]

http://www.businessinsider.com/purdue-makes-more-money-going-4-8-than-it-did-going-to-the-rose-bowl-2010-12

In the latest example that the BCS system is an epic disaster, Purdue officials told WLFI-18 that it will make more postseason money this season, when it failed to qualify for a bowl game, than it did during its 2000 Rose Bowl run.

This season, eight Big Ten bowl teams will net the conference more than $44 million in payouts. After $14 million is set aside for those programs' travel expenses, the remaining $30.5 million will be divided equally among the 11 Big Ten teams. Purdue figures to earn $2.7 million from their share.

While that's pure profit for bowl ineligible programs, teams that make the postseason dip into those reserves to subsidize travel, lodging, food, and ticket expenses that go well beyond the $2 million the conference provides. In 2000, for example, Purdue returned from Pasadena with just $600 in profit.

No, the Boilermakers didn't get the national exposure or the recruiting boost a bowl appearance promises, but in this economy Purdue will gladly take the $2.7 million windfall. Not including the tens of thousands of dollars it saved in bonus obligations to coaches who for a bowl (quite a reward for finishing among the top 58 percent of teams).

:doh:

[MattFancy]

You would think teams like Ohio St, Wisconsin, Alabama, Auburn, Oregon, etc would be pissed about this. By you making a BCS bowl, you're helping out the rest of your conference. You're giving those teams free money.

[DjTj]

This seems like a good reason for why the BCS will die. If schools like Purdue or UConn want to make enough money to cover their expenses, they should sign on to playoff games that will draw larger TV audiences, sell more tickets, and be more profitable.

gAck59_42YI

If schools are worried about the bottom line, they shouldn't be leaving money on the table.

[AsburySkinsFan]

While that's pure profit for bowl ineligible programs' date=' teams that make the postseason dip into those reserves to subsidize travel, lodging, food, and ticket expenses that go well beyond the $2 million the conference provides. In 2000, for example, Purdue returned from Pasadena with just $600 in profit.[/quote']

BTW, universities are not "for profit", unless you're talking about Phoenix.

[shk75]

BTW, universities are not "for profit", unless you're talking about Phoenix.

Even though they are not for profit institutions they are allowed to earn revenue like a for profit institution would they are just not allowed to pocket it they have to reinvest it in scholarships, programs, salaries, etc.

[ACW]

I read in "Death to the BCS" (READ IT EVERYONE) that schools actually LOSE money by having to eat tickets. And Jim Delany can go :cuss: himself in the :cuss: with a :cuss: :cuss: