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When all the numbers are crunched and the shared revenue is passed out, Kansas University could rake in close to $4 million this football bowl season, most of it based on playing in the prestigious Orange Bowl on Jan. 3.
That figure merely is an educated estimate at this point, and KU's travel expenses to Miami will have to come out of that amount. But it's a number that easily trumps what KU received in 2005 - about $2.1 million before travel expenses - after playing in the lower-tier Fort Worth Bowl.
The $4 million estimate figures in the approximately $1.75 million that each of the Big 12 schools will receive this spring as part of the conference's revenue-sharing plan for bowl payouts.
The rest will come from a Member Participation Subsidy, an amount that increases based on the prestige of the bowl, the distance required to travel to the site and the amount of tickets the school is able to sell for its game.
In the past, teams going to BCS bowls generally get around $2.3 million in M.P.S. money.
The ticket sales are the wild card. The Big 12 picks up the tab for any excess tickets that are not sold (in KU's case, there is an allotment of 17,500 for the Orange Bowl). But if more than half of the allotment is scooped up - Kansas is well past that at this point - then the school is permitted to retain half of the revenue from those sales.
"If you sell more and it's a larger (price), you're going to get more," Big 12 chief financial officer Steve Pace said.
In addition to the ticket bonus, Kansas is allotted $1.48 million for expenses and $199 per mile traveled. Add to it the $1.75 million for revenue sharing, and the estimation of $4 million comes up.
Missouri, meanwhile, expects to get roughly $3 million for going to the Cotton Bowl. Kansas State will get the $1.75 million estimate as part of the revenue sharing, but no M.P.S. since it is not going to a bowl game.
Revenue sharing can be a controversial subject, but athletic director Lew Perkins is fine with the conference collecting everyone's payouts and sharing the wealth.
"Most of the money goes to the conference, which we believe it should," Perkins said. "We believe in revenue sharing."
In all, Pace guesses that the Big 12 will receive $35 million in bowl payouts from the eight games league schools are heading to. A majority of that - roughly $21.5 million - comes from the two BCS bowl bids earned by Oklahoma and Kansas. Oklahoma won the Big 12 and will play in the Fiesta Bowl on Jan. 2.
The Sooners likely will get around $4 million as well, but the figure will differ slightly from what Kansas will get based on travel distance and ticket-sale bonuses.
At least part of the extra money heading KU's way already is earmarked - football coach Mark Mangino's contract states he will receive a $100,000 bonus for coaching Kansas to a BCS bowl.
More like this
- Orange Bowl travel costs for KU: $2M 86 comments / February 20, 2008
- Ryan Wood's KU football notebook 22 comments / December 6, 2007
- KU can forget the Alamo 40 comments / December 4, 2008
- Three bowls still eying Jayhawks November 29, 2005
- Jayhawk fans seeing Orange 35 comments / December 3, 2007
Comments
jayhawkinatl (anonymous) says...
Vote for Mangino everyday at:
www.coachoftheyear.com
He's currently in 6th place.
December 7, 2007 at 6:53 a.m. ( permalink | suggest removal )
Cornfed (anonymous) says...
6th?
December 7, 2007 at 7:12 a.m. ( permalink | suggest removal )
jayhawkinatl (anonymous) says...
Yep, I can't believe some of the coaches that are ahead of him.
December 7, 2007 at 7:57 a.m. ( permalink | suggest removal )
rolo2383 (anonymous) says...
I hate to be the guy to bring up something that is potentially negative but I hope we sell more than our allotment of tickets to this game. I know it's still early but in years past teams like KState would have already sold all of their tickets and then some. I hope we get at least 25,000 fans at this game. I realize this game is a long way from here and there are probably alumni who live down in FL who will buy tickets from other sources. This our opportunity to show we can travel and support our team. If we only show up with 17,000 fans we might get overlooked the next time we are in this position.
December 7, 2007 at 8:51 a.m. ( permalink | suggest removal )
pilot100 (anonymous) says...
Hey J-Nation go to this link and vote the "Orange Bowl" Match up...http://msn.foxsports.com/cfb/story/7521486
December 7, 2007 at 9:08 a.m. ( permalink | suggest removal )
BuddhaDude (anonymous) says...
What side of the stadium do we get? Already got my tickets via Ticketmaster.
December 7, 2007 at 9:22 a.m. ( permalink | suggest removal )
jpstrayer (anonymous) says...
Rolo2383...as I understand it...unless KU fans can pick-up tickets from scalpers...the offical max KU fans can be is 17500. V Tech gets 17500 as well...the remainder of the tickets go to Orange bowl sponsers and general public sales.
Looks like KU gets the NW corner:
http://www.orangebowl.org/ViewArticle...
December 7, 2007 at 10:19 a.m. ( permalink | suggest removal )
jhwkfan162515 (anonymous) says...
Now hopefully Lew Perkins won't waste this $4 million on any more new uniforms or logo changes...or any more relocated home games to Kansas City...
December 7, 2007 at 10:22 a.m. ( permalink | suggest removal )
eastTXjayhawk (anonymous) says...
amazing that they were able to find a photo of denzel washington holding an orange to place on the top of this story ;-)
December 7, 2007 at 10:41 a.m. ( permalink | suggest removal )
sevenyearhawk (anonymous) says...
eastTX, are you txrockchalk's cousin?
December 7, 2007 at 10:57 a.m. ( permalink | suggest removal )
txrockchalk (anonymous) says...
I wouldn't wish that on eastTX or anyone, sevenyear :o)
December 7, 2007 at 12:32 p.m. ( permalink | suggest removal )
tdub (anonymous) says...
In back page news... Mangino wins his first of many possible COY awards...
December 7, 2007 at 12:37 p.m. ( permalink | suggest removal )
CasperCorps (anonymous) says...
Four million? Thats awesome, looks like we're gonna have some roads repaved this year folks!! Highschool teachers will be getting raises!!.. Tuition will be lowered..What? Not gonna happen?.. But But where will the money go then?..
December 7, 2007 at 12:49 p.m. ( permalink | suggest removal )
eastTXjayhawk (anonymous) says...
in missouri that would also make us brothers...
December 7, 2007 at 1:01 p.m. ( permalink | suggest removal )
kickazzkurtz (anonymous) says...
Congrats to Mangino on the Home Depot coach of the year award.
17,500 tickets are set aside for KU and 17,500 are set aside for Tech. I bought my ticket through Ticketmaster in a neutral section. There actually can be much more than 17,500 KU fans at the game. The staduim holds 75,000 so after KU and Tech's tickets that leaves 40,000 seats. Some go to sponsors but the rest is free game.
December 7, 2007 at 1:09 p.m. ( permalink | suggest removal )
BuddhaDude (anonymous) says...
NE corner here. Hopefully I'll be surround by more Blue Shirts.
December 7, 2007 at 1:13 p.m. ( permalink | suggest removal )
dagger108 (anonymous) says...
jhwkfan1625 - Now hopefully Lew Perkins won't waste this $4 million on any more new uniforms or logo changes...or any more relocated home games to Kansas City...
I believe that part of the athletic department budget is paid by Adidas to provide uniforms for BB, FB, and other sports, so if they want to pay us more $ to change the uni's again, change/pay away.
Fortunately, it also does not cost us anything to move a game to Arrowhead, but instead we make millions more $ for that game, as well as next year's MU home game, not to mention the more subtle benefit of the Game Day exposure, and the allure to players and recruits of being able to play in a pro stadium.
So unless you have cheese and crackers for all, take the whining to the mizzou site, where they have taken factual distortion to a whole new level.
Rock Chalk! Rock on Lew!
December 7, 2007 at 1:30 p.m. ( permalink | suggest removal )
GrayHawker (anonymous) says...
They get new uniforms every year. Adidias pays for them.
Thought everyone knew that?
I understand that the stadium lost some seats in recent renovations and the total is closer to 72,000 now.
The OB has sold all of their tickets beyond the allocations to the schools. Most of them went to ticket brokers like Ticketmasters or TicketReserve.
As far as the OB is concerned, they are sold out.
December 7, 2007 at 2:22 p.m. ( permalink | suggest removal )
100 (anonymous) says...
purchase orange bowl tix!!!
December 7, 2007 at 4:34 p.m. ( permalink | suggest removal )
troutsee (anonymous) says...
Have we sold our 17,500?
December 7, 2007 at 4:35 p.m. ( permalink | suggest removal )
rockchalkjayhawk81 (anonymous) says...
how much is allotted for coach manginos "hoagie fund"
December 7, 2007 at 11:56 p.m. ( permalink | suggest removal )
dbgjayhawk (anonymous) says...
heck yes. i'm in the northeast corner. i'm glad to know there will be at least one ku fan around there.
December 8, 2007 at 12:04 a.m. ( permalink | suggest removal )
DallasHawk (anonymous) says...
Go hawks! Were so proud of you!!!!!I am proud to be a jayhawk!
December 8, 2007 at 1:42 a.m. ( permalink | suggest removal )