Anyway, the school "absorbed" about $507,000 in ticket losses. (Tickets were $65 apiece.)
You can see the bowl swindle is almost cartoonish in nature. It's almost like evil geniuses Dexter, The Brain, Skeletor and Simon Bar Sinister got together, hatched the plan and have since been rubbing their hands, twisting mustaches and laughing loudly. The plan worked! Bahahaha!
"It was not too long ago," Parsons said, "we went to the Fiesta Bowl and lost several million."
This works for the schools? Were it not for the BCS bowls, there would be little or no postseason money streaming into the conferences and trickling to the schools.
Meanwhile, according to the "Death" book, "experts estimate a college football playoff could approach $750 million in annual revenue, more than $600 million ahead of the current system. The old bowls would survive mostly as is."
A playoff would be a delight for the fans. It could help cash-strapped universities. It could ensure that schools hitting lesser bowls make profits. Conferences could simply siphon playoff money to make sure there are profits. (To the tune, I mean, of more than $144,750).
It's simply time for the schools to snap out of the evil geniuses' trance.