Florida St. Expects to Recoup Losses From BCS Title Game

April 22, 2014 / Football
From Tallahassee.com

Florida State’s trip to the 2014 BCS National Championship Game wasn’t cheap — it cost the Seminoles $2.82 million and left the athletics department with an initial loss of nearly $500,000 — but the university expects to see a net profit when all is said and done, according to documents released this week.

With the game being played in Pasadena, Calif., the largest cost by far was transportation ($1.373 million), followed by net ticket expenses ($710,385).

To offset those costs, the university received $2.15 million from the Atlantic Coast Conference, and an additional $189,400 in “other revenue.” That amounts to total direct revenue of $2,339,400, which equates to an immediate shortfall of $481,213 when measured against expenses.

But the university’s summary of institutional bowl expenses notes that the university “will more than cover the excess expenses” when other financials are accounted, including:

■ Florida State’s share of the cumulative bowl revenue, which is split among football-playing member institutions;

■ Licensing and trademark revenue related to national championship merchandise;

■ And increases in season ticket sales and Seminole Boosters contributions.


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