Penn State news by
Penn State's student blog

Topics

More

Bowls Aren’t All About The Benjamins

Bowl Season – the magical time of year when we get extra football, graciously sprinkled around the traditional holidays of Winter. The schools must be happy too, after all, for their respective teams merely have to finish with a winning recordĀ  in order to get a lucrative bowl payout. The only problem is that in order to make a bowl berth official, the school must buy a specified number of tickets. From there, it’s up to the University to put butts in the seats – if they don’t, they’re eating the loss in profits.


Check out this quote from a Pittsburgh Tribune-Review article:

When it comes to playing in bowl games, Pitt, Penn State and West Virginia athletic directors said major-college football programs aren’t looking to make money but to avoid accruing losses.
http://onwardstate.com/wp-content/uploads/2009/12/bowl.jpg
“None of us view the expense money for going to a bowl game as profit, but we do figure it in our budget,” Pitt athletic director Steve Pederson said. “The finances of all these games are tight, so there’s no great windfall going to any one school. The way we’re allocated expense money, you hope you cover your expenses.”
http://onwardstate.com/wp-content/uploads/2009/12/bowl.jpg
Even earning a BCS bid doesn’t guarantee covering the costs.

If that doesn’t sound right, it’s because, logically, it isn’t. But here we are, supporting the system that brings us the majesty of the Gaylord Hotels Music City Bowl. There is something to be said in the indirect profits – Bowl berths provide a higher national profile, which can lead to increases in things like application rates and merchandise sales – but what about the less successful programs? Is it worth it to go to, say, Roady’s Humanitarian Bowl? Financially speaking, it’s unlikely.
http://onwardstate.com/wp-content/uploads/2009/12/bowl.jpg
[Pic]

Your ad blocker is on.

Please choose an option below.

Sign up for our e-mail newsletter:
OR
Support quality journalism:
Purchase a Subscription!

About the Author

Mark

Mark McColey is a Senior majoring in Advertising and Labor-Employment relations. Among his loves are Penn State Football, The Steelers, The Penguins, The Simpsons, Tina Fey, and Arrested Development.

DuBois Goodwill Sells Rare Lego Piece For Over $18,000

While it took some time for Goodwill experts to know what they had on their hands, initial offers for the piece came in at $30,000.

Lady Lions Outlast Mississippi State 92-87 In WBIT Quarterfinals

Penn State scored 46 points in the paint to advance to the semifinals.

New Defensive Coordinator Tom Allen Brings Key Wrinkles To Penn State Football’s Defense

“We try to keep things simple so we can play fast.”

Follow on Another Platform
113kFollowers
164kFollowers
59.4kFollowers
4,570Subscribers
Other posts by Mark

Gorman Abruptly Resigns

Head coach of the men’s soccer program Barry Gorman unexpectedly announced his resignation Monday. He leaves a legacy of 22 years of coaching and three Big Ten titles in his wake. Citing “personal reasons,” he has left the team to a nation-wide search for his successor.

“We expected Gorman to be there,” [rising Senior and Co-Captain Andres] Casais said of next season. “He was a father figure to us.”



Oof, that can’t feel good. The move isn’t completely out of the blue, as Gorman was periodically absent during the past few weeks without notice. But from all accounts, his intention to resign was only revealed yesterday. On the abandonment scale, this registers just slightly above “going to the store for some cigarettes and never coming back.”

EVERYBODY PANIC: Battle Submits For NBA Draft

Twisted Humor Comedy Tour to Visit Alumni Hall