Does the league take all the money to divide amongst the schools except for the team's bowl expenses? I thought in the 80's the league took half and the team got half.
I thought that the league gets all the money and splits it with all the sec teams...I remember reading something like that last year.
I'm pretty sure it doesn't really directly effect us that much if we go to a bowl with a larger payout - although they make it sound like it does. From what I've read, they distribute all the payouts evenly, regardless of which bowl whatever SEC team is in.
It does matter which bowl you go to, because the schools get paid in stages. It is true that all bowl money gets sent to the SEC and distributed among the 12 schools. But it's only evenly spread after each school gets a bigger chunk of its own bowl money. I don't know the actual numbers, but a school that plays in a bowl gets to keep a percentage off the top of whatever its bowl payout is, like an attorney on a contingency fee who settles a case for a lump sum. Whatever's left over, that's what gets sent to the SEC. So if LSU got to keep, say, 20%, and it got a $5 million CapOne payout, it'd pocket $1 million, then send the SEC $4 million. But if they went to Shreveport, they may only pocket $200,000 from a $1 million payout, and send $800,000 to the SEC. If the total haul for the 6-8 SEC bowl teams was $36 million, LSU would then get a second check for $3 million - the same check Vandy would get even though they didn't play in a bowl at all. But only the teams that play the games get that second check. So there IS an incentive to play in a better bowl.
I read a few years back that all of the bowl money is paid to the SEC. Then, each different bowl payout is divided into 14 shares. Each team gets 1/14th. Then the SEC keeps 1/14th and the team that went to the individual bowl gets an extra 1/14th of the bowl payout of its bowl. So, last year, instead of getting 1/12 of the Sugar Bowl money, LSU got 1/7th (or 2/14th). Therefore, the team(s) that goes to the BCS game(s) does/do get(s) a significant amount more, i.e., probably about a million.
I beleive that is correct. I recall Skip breaking it down 2 years ago for the Cotton Bowl. Because the Cotton had a lesser payout, he said LSU basically broke even, after expenses.
when a team is on suspension (bama, kentucky... now moo state), they don't get bowl money. the team making the bowl gets around 40% before sending the rest to the SEC. then SEC splits the 60% into equal shares for all the teams in the conference (that can get money). the SEC gets money from each school's AD, not from bowl payouts.
Here is an excerpt from LSU's Biweekly Newsletter for Faculty and Staff dated December 19, 2003 ... it's on the lsu.edu website. That question was answered for the members of the LSU Board of Supervisors and others in attendance at the recent board meeting. Chancellor Mark Emmert and Senior Associate Athletic Director Dan Radakovich outlined the distribution of money as follows: •LSU receives $1.8 million of the $14 million payout. The rest, or $12.2 million, is divided 13 ways among the other Southeastern Conference teams and the SEC itself, resulting in a payout of roughly $930,000 each. •The $1.8 million LSU receives goes towards the team’s additional night stay in New Orleans, which is mandated by the Sugar Bowl; ticket prices, which have been doubled since LSU’s last visit to the Sugar Bowl; accommodating the players, coaches, staff, band, etc.; and covering airfare, which has also increased in the last two years. One additional item to consider, as pointed out by Radakovich, is that LSU’s $1.8 million share of the Sugar Bowl booty is $700,000 less than it received for playing against Illinois in the 2001 Sugar Bowl. After the game, the SEC changed the way bowl payouts were distributed among its member teams.
TigerWins comes to the rescue. Yep, LSU basically gets to keep expenses and sends the rest to the SEC for an even distribution. Back in the day LSU got to keep half of the money and sent the rest to the SEC. And back then the team actually voted on what Bowl invite to accept or whether to go to a bowl at all. The 1969 team voted not to go bowling when they did not get an invite to one of the major bowls due to Notre Dame ending their self imposed Bowl ban.
