Sources: MEAC, SWAC Champion to Meet in Legacy Bowl Starting in 2011

[CSN Log]

05-29-2010 11:55 AM

BIRMINGHAM, Ala. - The Heritage Bowl, pitting schools from the Mid-Eastern Athletic Conference (MEAC) and Southwestern Athletic Conference (SWAC) will be restored under the name of the “Legacy Bowl".

This report comes to College Sporting News through sources on TSPNSports.com, who heard the initial report on the Jaguar Journal radio show out of Baton Rouge, La.

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[TexasTerror]

If the payout is $1.5M to each conference...

10 SWAC teams = $150k per school
11 MEAC teams (w/addition of Savannah St & NC Central) = $136,363 per school

Does that $3M subtract the costs of travel for the MEAC and SWAC school that have to travel? What about the cost of the bands? Can you subtract that off the top from $3M.

[TexasTerror]

On further thought...

With the extra $150-160k in their coffers, will this encourage several of the SWAC schools to continue scheduling 10 games? It seems several of them have had their fair share of struggles to schedule, even with the return of the nine-game mandate.

It will essentially make up for the costs of a low-level FBS game or in some cases, be a significant upgrade over the amount over the amount of money netted for a typical home game by the SWAC schools.

Thoughts?

[WestCoastAggie]

If the payout is $1.5M to each conference...

10 SWAC teams = $150k per school
11 MEAC teams (w/addition of Savannah St & NC Central) = $136,363 per school

Does that $3M subtract the costs of travel for the MEAC and SWAC school that have to travel? What about the cost of the bands? Can you subtract that off the top from $3M.

Add Coppin St. & MD Eastern Shore. It would be about $115,384.67

[TexasTerror]

Add Coppin St. & MD Eastern Shore. It would be about $115,384.67

Do the non-football schools typically get a piece of the football pie? I wouldn't expect them to, unless the MEAC works on a different set of revenue distribution than most other conferences.

[WestCoastAggie]

Do the non-football schools typically get a piece of the football pie? I wouldn't expect them to, unless the MEAC works on a different set of revenue distribution than most other conferences.

Knowing the way the MEAC works, I would be surprised if the Presidents/Chancellors of Coppin & Eastern Shore weren't sitting at the table voting. Denns probably needed all the votes he could get.

[TexasTerror]

FYI - this is what the very knowledgeable Jafus said on TSPN...



Actually, the payout would be based on shares. Similarly, to the payouts of individuals that hold stock shares based on dividend returns of a corporation. For example every team in the conference would earn one share as a conference member. The conference representative that participates in the game would earn an additional share.

For simplicity, let us say, that the conference nets $1.2M of the reported $3M, then a conference of 10-members, they would have 10 shares, + 1 additional share for the game participate providing a payout of $109,090.91 per institution or $218,181.82 for the bowl participant. Furthermore for a conference with 11 football participating members, they would have 11 shares, + 1 additional share for the game participate providing a payout of $100,000.00 per institution or $200,000.00 for the bowl participant. For comparison, that is more than what the Sunbelt Conference has been able to negotiate in their bowl tie-ins and guarantees and they are responsible for an alloted amount of tickets that must be purchased.

Credit: TSPN (http://www.tspnsports.com/forums/showthread.php?p=1685956#post1685956)