Bowl was a win-win for U$F. tks Brett

[TyBull]

Bowl was a win-win for U$F

Posted January 24, 2007 by Brett McMurphy

Updated Jan 24, 2007 at 12:40 AM

Going to a bowl game is usually a losing proposition for colleges, at least financially. However, for the University of South Florida, the Papajohns.com Bowl was a win-win situation. Not only did USF defeat East Carolina for the program’s first bowl victory, but USF also turned a tidy profit.

USF made $188,200, according to the school’s financial figures. USF spent a total of $911,800 on the bowl, including unsold tickets, coaches bowl bonuses, transportation, housing, meals and other expenses, while receiving $1.1 million as its bowl payout from the Big East. USF’s largest expenditure was $236,500 for reimbursement of unsold tickets as required by the bowl. Last year in its inaugural bowl trip to the Meineke Car Care Bowl, USF made a profit of about $80,000.

[ChiTownBull]

236,500/30

if this was the correct price we had to pay up for over 7,800 tix.

what was our allotment?

12k

did we only sell 4,200 tix?

[Joe]

10k allotment...i think

[ChiTownBull]

10k allotment...i think

wasn't there only one price for tix this yr?

[Joe]

yes

[ChiTownBull]

then it does not add up

[Joe]

How many tix did we sell?

[HaulingBull Sucks]

How much did the teams that didn't go to a bowl game receive?

[Guest]

The $236,500 divided by $30 is actually 7,883 tickets paid for by USF (so Brett may have rounded somehow.

Obviously, athletics gave away a few tickets... both the 500 to the students and more for the traveling contingent (families, staff, etc).

However, if that number is accurate, then only 1,117 people paid for tickets.  Since USF was saying that 5,200 or there abouts had been sold -- it seems off.

This might need clarification ... if anyone really cares all that much.

The important things are:

- USF went to a bowl game

- USF didn't lose money on the trip

[Big_Hairy_Bull]

The $236,500 divided by $30 is actually 7,883 tickets paid for by USF (so Brett may have rounded somehow.

Obviously, athletics gave away a few tickets... both the 500 to the students and more for the traveling contingent (families, staff, etc).

However, if that number is accurate, then only 1,117 people paid for tickets.  Since USF was saying that 5,200 or there abouts had been sold -- it seems off.

This might need clarification ... if anyone really cares all that much.

The important things are:

- USF went to a bowl game

- USF didn't lose money on the trip

I am 99.9% sure the allotment was 12k.  Subtract the 7,883 from that. It leaves 4117 tickets bought. You add the 500 students tickets paid for and a couple hundred more for Staff and Family. It leaves you right around the 5,000 attendance mark.

Sounds about right.

Go Bulls