Thursday, June 16, 2011

Auburn NCAA Football Title Loss

Auburn recently played in the NCAA BCS football title game and lost - money that is. According to the Ledger-Enquirer, the Auburn Tigers lost over $600,000. While a spokesperson for the university said that the reason for the loss was the distance traveled, another reason could be the cost of unsold tickets - Auburn incurred a $781,825 loss from unsold tickets, or uncharged tickets.

Some have told me that NCAA BCS football bowl games are not designed to be money makers, but rather a way of rewarding select individuals for long-term team loyalty, and hence many college and universities incur a loss during bowl games. That does make some sense, especially if the college/universities athletic department is self sufficient, but not if the loss is subsidized from other college/university expenditures.

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