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Report details Florida State’s price for ACC championship

ACC Championship - Florida State v Georgia Tech Getty Images

So just how much can a championship season cost a university? According to one report, it cost Florida State $407,812.22 for the ACC championship.

Warchant.com used a public records request to learn Florida State lost that much money on the 2013 ACC Football Championship Game in Charlotte, with expenses accounting for ticket expenses for the marching band and family for student-athletes. Those losses helped contribute to a deficit of $213,812.22. According to the report, Florida State also took on a bill of $194,000 for travel expenses to get to the conference championship game.

“That’s just the cost of doing business,” Associate Athletic Director Monk Bonasorte said to Warchant.com. “You look at it when you talk to our business people. Okay, we lost some money on the bowl or ACC title game. But with revenue and licensing and booster contributions, that will go up. It won’t be an immediate impact per say.”

The expenses of a conference championship game are nothing new of course. Florida State and Georgia Tech combined to lose a total of $850,000 on the 2012 ACC Championship Game. While the conference championship game may be a drain on the expenses for schools, the cash coming in from the BCS revenue helps. Per Warchant.com, Florida State AD Stan Wilcox claims Florida State’s and Clemson’s BCS game participation will bring in an additional $50 million for the ACC, which will be split evenly among the members. If every ACC school in the 2013 season receives a full share, each university would receive approximately $3.57 million, but if Big Ten-bound Maryland does not receive a share then all 13 members would receive a share of approximately $3.85 million if distributed evenly.

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13 Responses to “Report details Florida State’s price for ACC championship”
  1. mcjon22 says: Mar 26, 2014 11:44 AM

    Enough is enough. Just have the school with the best record in the conference host the ACC championship game.

  2. manik56 says: Mar 26, 2014 1:15 PM

    Seems to me the players were well compensated then.

  3. normtide says: Mar 26, 2014 2:14 PM

    I hate these studies. It doesn’t take into account the increased revenue from championship gear being sold or increased donations. I think it’s fair to say FSU will make money last season.

  4. noaxetogrind says: Mar 26, 2014 2:48 PM

    Interesting, I don’t believe any SEC team has ever lost money by participating in the SEC Championship game. Two factors I believe, commitment of the fan bases and geography. The SEC leads the nation every year in % of stadium seats sold in their home stadiums, rabid fans. The SEC beat the ACC to the punch in selecting Atlanta as their permanent Championship Game venue. Centrally located within the footprint of the conference and one of the biggest transportation hubs in America, easy to get to.

  5. blg1538 says: Mar 26, 2014 3:41 PM

    It should be “impact per se”, not “impact per say”.

  6. lawrinson20 says: Mar 26, 2014 4:44 PM

    Per se. — I was just about to write that….

    If Bonasorte ‘said’ it, aloud, the writer ought to have spelled it properly. [But, that's the state of 'internet journalism' these days.] If Bonaparte ‘said’ it in a written statement, and spelled it this way, the article ought to notate the error with “[sic]” immediately following the inproper [sic] word.

    None of which has a lick to do with football….
    Kinda sad, how it’s all now about money. I don’t remember hearing a word about finances as related to sports ‘back in the day.’ Conference expansions and realignments, all to serve the dollar. The interwebs is full-a TMI. My fault, probably, for reading it all.

  7. cometkazie says: Mar 26, 2014 8:30 PM

    NoAxeToGrind: LSU has come out on the short end in their two BCS championship.

    It had mostly to do with them paying the expenses of the immediate world to attend the game and associated activities.

  8. jnvidal2014 says: Mar 26, 2014 8:45 PM

    Okay maybe if I do the math it will make sense to me $213,812.22 + $194,000.00 = $407,812.22 in EXPENDITURE and $3,570,000.00 in revenue means that there is a net PROFIT of $3,162,187.78 plus licensing revenue from jersey and such. How in the world is this a loss! it is an expenditure, anybody would take on these numbers if given a choice.

  9. noaxetogrind says: Mar 26, 2014 9:25 PM

    @ cometkazie, I was aware that teams had lost money on the BCS Championship. The article and my point was concerning the SEC Championship, as compared to the ACC Championship. I don’t believe any SEC team has ever lost money on the SEC Championship as every one has been a hard sellout and travel expenses are at a minimum with the centralized location. What makes bowl games so expensive is the mandatory ticket purchases by the schools and the week long nature of the event versus one night for the conference championship game.

  10. cometkazie says: Mar 26, 2014 10:10 PM

    NoAxe,

    Thanks, I wasn’t arguing with you. I wish more cared about presenting their arguments as well as you do.

    The SEC champ game is usually pretty raucous which means a lot of fans are there enjoying the game.

  11. psl1196 says: Mar 26, 2014 11:04 PM

    Why should Clemson come out ahead of FSU after they were trounced by the Noles therefore spending $0 on the ACC championship? Or Wake, NC State, and Virginia who spent $0 on postseason altogether…why should they be rewarded for barely bothering to field a football team? The conference should pay the way to the ACCCG for each division champ. The bowl teams should keep 25% of bowl money to pay expenses before sending money to the conference.

  12. jacks522 says: Mar 26, 2014 11:19 PM

    The article was useless .. Cost verses what u brought in ” mean you didn’t lose a dime .! Kidding ….

  13. irishayes says: Mar 27, 2014 9:10 AM

    Mr. McGuire –
    It’s “per se” not “per say” (quoting Monk Bonasorte).

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