17 May 2011
College football blogger The Wiz of Odds has analyzed expense reports from 56 of the 70 teams that played in bowl games last year, to try to figure out if the bowl games really are the moneymakers that many college football officials claim them to be. The biggest issue here seems to be "ticket guarantees." Schools agree to purchase a percentage of tickets in order to play in a bowl game, which means if those tickets don't sell to the public, the school is on the hook. And the University of Connecticut got MASSIVELY screwed playing in last year's Fiesta Bowl.
"The 30 non-BCS bowl games are, at best, a break-even venture. Without the ticket guarantee, it is likely that half the bowls would not exist."
28 comments, Last at 22 May 2011, 9:22pm by zlionsfan
Tom and Mike have climbed to the top of the Hill of Nonsense and unleash another wave of insane wagering on the world.