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Report: Compared to CFP, BCS was chump change for Power Five

Image (1) Money Storm-thumb-300x255-12950.jpg for post 53663

We all knew that college football conferences, especially the so-called Power Five, would be making money hand over fist with the implementation of the new College Football Playoff.

Now, courtesy of the USA Today‘s George Schroeder, we have an idea of just how much.

According to Schroeder, the Power Five conferences — ACC, Big Ten, Big 12, Pac-12 and SEC — will make $50 million each in the first year of the College Football Playoff.  In the final year of the BCS, it was just under $28 million, meaning the schools will nearly double their revenue — and that’s just in the first season in the 12-year contract for the new postseason system.

And that’s not all, either. From Schroeder as it pertains to additional CFP revenue streams:

The total TV revenue from ESPN hasn’t been disclosed, and Hancock declined comment, but USA TODAY Sports has previously reported it will average at least $470 million annually over the life of the contract. Ticket and merchandising sales and sponsorship deals could add $40-50 million annually, on average.

Manziel Money GIFIn other words, NCAA member schools — currently under assault in the courts and Congress and by a union movement for what some decry as “shamateurism”– from those elite conferences will be the beneficiaries of millions, if not tens of millions, dollars in new money thanks to the CFP.

It’s not just the Power Five conferences that will benefit financially, albeit at not even remotely close to the same level.

Again, per Schroeder, the remaining five conferences will split a total of $75 million.  While that pales in comparison to the more powerful conferences, it’s also five times the amount of money the five leagues — AAC, Conference USA, MAC, Mountain West, Sun Belt — shared under the BCS.

If the NCAA’s lawyers thought their jobs were hard before….

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11 Responses to “Report: Compared to CFP, BCS was chump change for Power Five”
  1. 8to80texansblog says: Jul 16, 2014 3:14 PM

    Imagine if they expanded it to 8 or 16 teams….

  2. drummerhoff says: Jul 16, 2014 3:22 PM

    All Power 5 are NOT created equally. The ACC gets the smallest cut and will for all 12 years.

  3. ancientcougar says: Jul 16, 2014 3:22 PM

    My school can use the money

  4. charles130 says: Jul 16, 2014 3:33 PM

    So the ACC gets 50 million plus 27.5 million instead of 50 million plus 40 million. A difference of 833,000 per school or 1.2% per school.

    Big deal.

  5. manik56 says: Jul 16, 2014 3:52 PM

    The players in their new palaces they play, practice, and train in do not get anything out of the deal.

  6. mrlaloosh says: Jul 16, 2014 4:07 PM

    Now the players who make this revenue possible need to get paid.

  7. auburntigers34 says: Jul 16, 2014 4:11 PM

    It’s hard to believe that the university presidents had to be dragged,kicking and screaming, into allowing a playoff to happen. It’s been obvious for at least the last couple of decades that a college football playoff would be the biggest draw in sports.

    Maybe in a couple of more decades, they’ll realize that an 8 team playoff would be even better(and would put a lot more money in their pocket).

  8. erockfox says: Jul 16, 2014 4:29 PM

    It’s a good thing that all the money these “greedy” schools makes is going into the pockets of politicians, school presidents, etc. Heaven forbid that these non-profit organizations use the money to fund their athletic departments, pay for the lower tiered sports, build new facilities, feed players, house players, pay players tuitions, pay for players families to visit, pay for travel to and from games.

    right?

  9. longtallsam says: Jul 16, 2014 4:31 PM

    charles130 says: Jul 16, 2014 3:33 PM

    So the ACC gets 50 million plus 27.5 million instead of 50 million plus 40 million. A difference of 833,000 per school or 1.2% per school.

    I have no idea if your numbers are correct, but if so, your math is way off. Using your numbers, the 14 ACC schools would be getting 5.5 million each, whereas, the 10 Big 12 schools would be getting 9 million each. So, each Big 12 school would get 73% more than each ACC school, the first year.

    It sounds like the ACC is getting screwed.

  10. longtallsam says: Jul 16, 2014 4:41 PM

    mrlaloosh says: Jul 16, 2014 4:07 PM

    Now the players who make this revenue possible need to get paid.

    Most of them are getting paid, mrlaloosh. Last time a checked, a full scholarship to one of these schools is worth $20-70,000 per year. Additionally, athletes from low income families get up to $6,000 per year Pell grant money.
    Not bad for a high school grad, that quite possibly wouldn’t qualify for admission if he weren’t an athlete. Beats the hell out of working at McDonalds.

  11. bigbuckeye76 says: Jul 17, 2014 5:36 PM

    I thought the players got the chance to pretty much do nothing for 4-5 years except get laid and play a kids game? And of course the ones who are really good at playing said “kids” game will get the opportunity to possibly make millions of dollars. Yeah, feel for these poor guys.

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