An interesting article on the payout for the Big Ten bowls this season. Big Ten Teams Share Bowl Payout Equally I've read in a couple other threads that people think Indiana is getting the best deal for not travelling, but that's not really the case. These statements were assuming that the revenue is split equally, but that's not true. The Big Ten covers travel expenses up to 100% of the revenue first, then it divides the profits equally. Well apparently with the exception of Nebraska, since they are new. But all that the Big Ten will reveal is that they don't get an equal share. The assumption is they get less, but there is the possibility they get more. Considering that 10 of the 12 teams in the conference are going bowling, the assumption is the Big Ten loves the present bowl system and would hate a playoff. Maybe, but it seems like at least three teams may not have their expenses fully covered, since Penn State, Illinois and Purdue are all keeping 100% of the revenue their bowl hands to the Big Ten. Since the article is on PennLive.com they only detail the extra expense that Penn State will have to cover on their own, estimated at $200k-$600k more than the $1.2 Million the bowl is paying out. But Penn State won't be in the red, their equal share of the profits will be about $2.6 Million so they still have their heads above water. Not as far above water as Indiana, who has no travel expenses at all, but still, Penn State is clearing $2 Million to be equally shared amongst all athletes in their various programs. So I'm sure the Penn State swim team is very greatful that Wisconsin doesn't keep the bulk of their Rose Bowl profits like in a more Texas style arrangement, because the Grand Daddy of them all pays out some serious cheddar (pun intended).
Here's the top four ( out of 10!) in the payout list and their related expenses expected. I guess the hotels in LA aren't that much more expensive than the ones Michigan will be forced to reserve in New Orleans. Check the link for all the details.
Bowl (Big Ten team):--- Bowl pays conference --- Big 10 pays for travel expenses
Rose Bowl (Wisconsin) --- $22.3 million --- $2.3 million
Sugar Bowl (Michigan) --- $6.1 million --- $2.050M
Capital One Bowl (Nebraska) --- $4.55 million --- $1.775 million
Outback Bowl (Michigan State) --- $3.5 million --- $1.775 million