Blog Entry

Auburn and Oregon lost money with BCS trip

Posted on: March 4, 2011 1:12 pm
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Posted by Tom Fornelli

Earlier this week we wrote about the $1.8 million that UConn lost with its trip to the Fiesta Bowl. The largest portion of UConn's loss came from the number of tickets the school wasn't able to sell. Of course, UConn only lost money because it's a smaller school without a great football tradition, and just didn't have the same number of fans available to buy up tickets.  Surely a larger school wouldn't have such a problem with the BCS system, right?

Wrong. Not even Auburn and Oregon, the two teams playing for a national championship, could escape their postseason trips with a profit.

According to the Birmingham News, Auburn returned home from Glendale short over $600,000, while Oregon lost $261,132. Combined, the two schools ended up paying $875,238, with the biggest culprit once again being ticket sales. Auburn had to eat $781,825 in tickets, while Oregon took a $555,575 hit.

Granted, I'm pretty sure if you told Auburn it could win a national championship every year for $600,000 -- insert Cam Newton joke here -- it would take the deal in a heartbeat. Besides, the odds are that Auburn will make that money back through the sale of merchandise related to its BCS title. That being said, the fact that even the teams playing in the biggest college football game of the year are losing money to do so tells you an awful lot about the BCS system.

Sure, the BCS is around to help both the schools and the student-athletes. Just as long as you replace "schools and student-athletes" with "BCS" anyway.
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Comments

Since: Jun 24, 2010
Posted on: March 16, 2011 2:15 am
 

Auburn and Oregon lost money with BCS trip

This does not add up. The game was completely sold out with tickets being scallped for over $2,000 per ticket, so how did the schools "eat" tickets. I know Oregon did a tilted lottery in selling its alotment. If there was a shortfall in revenue from the tickets, that would mean the school gave away a lot of tickets rather than sell them all.



Since: Oct 19, 2006
Posted on: March 14, 2011 3:04 pm
 

Auburn and Oregon lost money with BCS trip

jngkat - from my understanding a certain percentage of the payout goes to the participating school but a majority of the money goes to the conference to distribute to other conference members.  Some conferences split evenly among all universities while others have a tiered system based on where you finish in the BCS standings.  Either way both Auburn and Oregon did NOT get a majority of the $18 million.



Since: Mar 8, 2011
Posted on: March 8, 2011 5:21 pm
 

Auburn and Oregon lost money with BCS trip

This seems like a pretty shady practice.  I live in Phoenix and tickets were selling for over $1000 a piece and up over $2000.  How did the schools have to eat money on tickets...



Since: Jan 17, 2008
Posted on: March 8, 2011 3:11 pm
 

Auburn and Oregon lost money with BCS trip

Buckeye, You shouldn't be casting stones after the "Buckeye 5" incident.  Also, have you heard the latest?  Tressel knew about it last April?  If true and proven, bye bye Tressel and Ohio State's national significance.  There have been a lot of Buckeye fans making similar digs.  Pride cometh before a fall?

Pride, as in like your fellow Auburn fans who claim others "are not worthy to kiss Auburn's feet"?

I did not make the dig that got under your skin, jgtoc, but you never know...that guy might be correct.  None of us truly knows what the NCAA may find in the Daddy Newton investigation.  I'm pretty sure the NCAA's investigation of Tattoo-gate is complete.  The only thing that is likely come out of OSU's appeal is that the 5 game suspensions are possibly reduced.  And I'll be the first to admit, I don't think that is very likely.  I have not heard the rumor about Tressel knowing about this issue last April.  I doubt that it makes any difference when Tressel first found out about the issue.  OSU reported it to the NCAA.  It doesn't matter if you know about it for 6 days or 6 months, as long as you blow the whistle on yourself.  You are trying to make something out of nothing.



Since: Jun 11, 2010
Posted on: March 8, 2011 9:00 am
 

Auburn and Oregon lost money with BCS trip

Can you then explain what happed to the revenue that both school received, for just playing the game (18 million split) maybe break it down.



Since: Dec 15, 2009
Posted on: March 8, 2011 8:16 am
 

Auburn and Oregon lost money with BCS trip

Buckeye, You shouldn't be casting stones after the "Buckeye 5" incident. 
Also, have you heard the latest?  Tressel knew about it last April?  If true and proven, bye bye Tressel and Ohio State's national significance.  There have been a lot of Buckeye fans making similar digs.  Pride cometh before a fall?



Since: Dec 15, 2009
Posted on: March 8, 2011 8:07 am
 

Auburn and Oregon lost money with BCS trip

I've read about this elsewhere, but this is the first I've seen of Auburn "eating $781,825 in tickets."  Tell me how that works.  By using such a term, the writer indicates that these tickets were not used.  This is absolutely not the case.  Auburn could have sold another million in tickets without a problem.  I personnally know hundreds of Auburn fans, mostly alumni who could not get tickets. 
The truth is that Auburn spent $781,825 on tickets for seats for the band, school officials and others. 



Since: Nov 9, 2010
Posted on: March 8, 2011 7:02 am
 

Auburn and Oregon lost money with BCS trip

Oddly I don't recall any story when bama spent just over $3M on their trip the previous season...which was 200K more than Auburn spent this year.  Selective opinionism?  Obviously not journalism....



Since: Feb 11, 2009
Posted on: March 8, 2011 4:49 am
 

Auburn and Oregon lost money with BCS trip

The logic of this article is ridiculous.  Expanding it writ large, adopting a playoff system to replace the current BCS system would cause even more schools to lose money, right.  I don't think so.  Given the accounting trickery to show the "losses" incurred by Oregon and Auburn, this is really a nonstory and additionally takes the wind out of the snide Cam Newton remarks.



Since: Jun 11, 2009
Posted on: March 8, 2011 3:00 am
 

Auburn and Oregon lost money with BCS trip

This article is misleading.  These schools don't actually "lose" money.  As another poster mentioned, it's an accounting trick.  These schools do this to maintain their 501C3 status. 


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