superslyguy06
12-23-2004, 12:31 PM
I found this over on the UT Sports website...very interesting!
Bowl budgeting a challenge for BCS participants
AUSTIN, Texas - The Texas Longhorns football team and official party are readying for an historic trip to the 2005 Rose Bowl game to play the University of Michigan Wolverines. It is the Longhorns' first trip to a Bowl Coalition Series (BCS) game.
Much attention has been paid to the value derived from competing in a BCS game. The opportunity is one that continues Texas' ranking among the top football programs in the nation. This is the third time Texas has won 10 games in the last five years (the team was 11-2 in both 2002 and 2003).
For the passionate fans and alumni who follow Texas football, the trip to Pasadena is unprecedented. However, only 26,000 tickets were allotted to UT for sale.
Ten percent of those tickets were allotted to students, by athletics policy. An additional allotment of 2,000-plus are reserved for immediate family of coaches, staff and players and members of the football official travel party, a finite group which is authorized to travel to any away football game.
There is financial benefit, but not necessarily a windfall, for BCS qualification.
The budget for Texas to travel to a 2005 BCS bowl is the identical to the figure UT received when it advanced to the 1997 Tostitos Fiesta Bowl after winning the Big 12 Conference championship game against Nebraska.
Today, as a member of the Big 12 Conference, Texas receives a subsidy from the conference budget to attend a post-season bowl game. For a BCS game that is not the #1 vs. #2 matchup, that figure is $1,690,210 million.
All revenues from the Big 12's contracted bowl partners are collected by the league office. The conference office determines bowl travel subsidies. Revenue sharing policies approved by Big 12 presidents and athletics directors, and bowl funds are shared by all 12 conference member institutions.
In addition, Big 12 bowl policy awards institutions that successfully sell all of their allotted bowl game tickets. Since institutions are liable for the cost of bowl ticket allocations, the league determined that selling high-priced bowl tickets in a tight time frame - usually three weeks - should be rewarded.
The bonus to UT for selling its Rose Bowl allotment is based upon 50 per cent of every ticket sold over 10,000 (half of the allotment of 20,000).
For Texas, automatic expenditures include travel, hotel accommodations, ground transportation, and meals for the official football travel party and team.
In addition, UT Athletics pays expenses for the Longhorn Marching Band and cheerleaders. This cheerleaders budget is $15,000, and the band is an additional $407,000 for airfare, hotel, meals and ground transportation. The band, which also receives regular season travel funding from UT Athletics, arranged through its own budget enough additional funds to stay an additional day in Pasadena.
The official football travel party members arrive Dec. 25 and depart early on January 2 (eight days). Players must arrive December 26. Travel, meals, hotel accommodations, ground transportation, and mandatory bowl functions for the groups total $1,055,000 -- $450,000 for hotel alone.
Player awards permissible under NCAA rules total $75,000.
Any performance bonus for coaches and staff members also is derived from bowl revenue.
Other expenses - from sports medicine and audio visual supplies practice site costs - run $32,000.
Bowl budgeting a challenge for BCS participants
AUSTIN, Texas - The Texas Longhorns football team and official party are readying for an historic trip to the 2005 Rose Bowl game to play the University of Michigan Wolverines. It is the Longhorns' first trip to a Bowl Coalition Series (BCS) game.
Much attention has been paid to the value derived from competing in a BCS game. The opportunity is one that continues Texas' ranking among the top football programs in the nation. This is the third time Texas has won 10 games in the last five years (the team was 11-2 in both 2002 and 2003).
For the passionate fans and alumni who follow Texas football, the trip to Pasadena is unprecedented. However, only 26,000 tickets were allotted to UT for sale.
Ten percent of those tickets were allotted to students, by athletics policy. An additional allotment of 2,000-plus are reserved for immediate family of coaches, staff and players and members of the football official travel party, a finite group which is authorized to travel to any away football game.
There is financial benefit, but not necessarily a windfall, for BCS qualification.
The budget for Texas to travel to a 2005 BCS bowl is the identical to the figure UT received when it advanced to the 1997 Tostitos Fiesta Bowl after winning the Big 12 Conference championship game against Nebraska.
Today, as a member of the Big 12 Conference, Texas receives a subsidy from the conference budget to attend a post-season bowl game. For a BCS game that is not the #1 vs. #2 matchup, that figure is $1,690,210 million.
All revenues from the Big 12's contracted bowl partners are collected by the league office. The conference office determines bowl travel subsidies. Revenue sharing policies approved by Big 12 presidents and athletics directors, and bowl funds are shared by all 12 conference member institutions.
In addition, Big 12 bowl policy awards institutions that successfully sell all of their allotted bowl game tickets. Since institutions are liable for the cost of bowl ticket allocations, the league determined that selling high-priced bowl tickets in a tight time frame - usually three weeks - should be rewarded.
The bonus to UT for selling its Rose Bowl allotment is based upon 50 per cent of every ticket sold over 10,000 (half of the allotment of 20,000).
For Texas, automatic expenditures include travel, hotel accommodations, ground transportation, and meals for the official football travel party and team.
In addition, UT Athletics pays expenses for the Longhorn Marching Band and cheerleaders. This cheerleaders budget is $15,000, and the band is an additional $407,000 for airfare, hotel, meals and ground transportation. The band, which also receives regular season travel funding from UT Athletics, arranged through its own budget enough additional funds to stay an additional day in Pasadena.
The official football travel party members arrive Dec. 25 and depart early on January 2 (eight days). Players must arrive December 26. Travel, meals, hotel accommodations, ground transportation, and mandatory bowl functions for the groups total $1,055,000 -- $450,000 for hotel alone.
Player awards permissible under NCAA rules total $75,000.
Any performance bonus for coaches and staff members also is derived from bowl revenue.
Other expenses - from sports medicine and audio visual supplies practice site costs - run $32,000.