Payout "per team", all figures in millions
Fiesta - 22.3
Cotton - 3.6
Alamo - 3.2
Insight - 3.3
Holiday - 2.1
Meineke - 1.7
Pinstripe - 1.8
*Independence - 1.1 BIG 12 TOTAL SHARE - 39.1
Expense allowances given to participating teams (including mileage)
Fiesta - 1.9
Cotton - 1.15
Alamo - 1.1
Insight - 1.3
Holiday - 1.4
Pinstripe - 1.35
Meineke - 0.75
*Independence - 0.9 ALLOWANCE TOTAL - 9.85
TOTAL POOLED MONEY - 29.25
Divided by 10 schools = $2.925 million per school, PLUS any extra left over from expense allowance of participating school
There is also a clause that allows schools to keep 50% of ticket revenue after 50% of the ticket guarantee is sold (which is why it's important to buy through the school instead of a third party).
So, ISU should get roughly $4.275 million, minus trip expenses, plus some ticket kickback.
If they have 350 in their travel party including band which I'm guessing makes my number low that averages to about 3,800 dollar per person. For 8 days though and I'm guessing they don't stuff 4 players in a room. Our trip for half that time with 10 people in two rooms will cost a little over 1,000 dollars and we are staying in New Jersey. I'm sure they get some kind of rate at one of those hotels but I'm guessing its not cheap.
My best friends half-sister's cousin's aunt works for the athletic dept. and before the bowl selections came out the word was that ISU was projecting to lose quite a bit of money by going to the Pinstripe. Apparently taking a team to this bowl game is very, very expensive. Take the source for what it is worth.
Thank you, Simone.
"There are five real good recruits in the state. We got three of them. One couldn’t get into school, and the other went to (the University of) Iowa...which is about the same thing." - Coach Johnny Orr
You have to get hotels for 105 football players, coaches (maybe their families?), football team staff (e.g. equipment managers, trainers), athletic department folks, cheerleaders, and Cy. Then you have to damn near double that for the band. Since this is in NYC, you probably don't want to put them in a dangerous area, either, which is going to drastically increase the hotel costs.
Now you have to give them all money to eat, pay those employed by the Athletic department, and arrange transportation, be it by plane or bus.
While true, they would probably save money by flying into and staying in NJ and bussing into the city. Only downside is that it's probably at least an hour via bus to wherever they need to go. But it would certainly save money overall.
I think we only have to sell around 2,300 tickets to cover our share. We should easily get there.
Now travel and lodging costs on the other hand...
But a bunch of the tickets are subsidized. Each player gets 6 tickets that are covered by the AD at $125/ticket. Each student ticket (easily less than 500 IMO) has been subsidized. There is NO way we're staying a week in NYC and staying under the travel allotment. This is gonna be a spendy week for the athletics department.
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