Alabama Football Program Nets $47M-Plus Profit Texas A&M Athletic Department Makes $57.2M In '15-16 N.C. Still In Limbo As ACC Championship Host Site Washington State Athletic Deficit Shrinking LSU Athletics Turns $12M Profit In '15-16 Sources: BC Wasn't Going To Renew Bates' Contract Kentucky Increases Price For Football Season Tickets Florida AD Stricklin Puts Twitter To Good Use Schools Increasingly Rely On Private Plane Use Boston College AD Bates Resigns To Take CSA Job
SBD/November 13, 2012/Colleges
Sources: BCS Officials Reach Agreement On Four-Team Playoff; Approve Revenue Sharing
Published November 13, 2012
LUCKY NUMBER SEVEN? USA TODAY's George Schroeder notes the "Group of Five" conferences had "pushed for adding a seventh bowl beginning in 2014, when college football moves to a four-team playoff." The Big 12 and Pac-12 "also were in favor of the extra bowl, which would have allowed a second guaranteed slot for those conferences' teams." But with "little interest from potential TV partners, commissioners ultimately decided against the idea" (USA TODAY, 11/13).
TAKE THE MONEY AND RUN: In Denver, John Henderson notes the "higher portion of revenues will go to conferences that qualify for the two semifinals." While that is not "advantageous for the five smaller conferences, projected TV revenues of up to" $7.2B over the 12 years of the contract "would guarantee smaller schools more money than they receive now." Ten percent of the revenue will "go to conferences for academics, but any school that does not meet the current Academic Progress Report will receive nothing." Conferences will "divide the money among schools meeting the APR requirement" (DENVER POST, 11/13).