Does the Texas Bowl make money? | Syracusefan.com

Does the Texas Bowl make money?

BostonOrange

2nd String
Joined
Aug 28, 2011
Messages
722
Like
482
No title sponsor. Live gate almost nothing. Reliant stadium cannot be cheap to operate for a day. Does the espn check and the tix that the schools buy really offset that? Someone educate me...
 

KaiserUEO

2022 and 2x ESPN Tourney Challenge Winner
Joined
Aug 26, 2011
Messages
18,423
Like
22,136
No title sponsor. Live gate almost nothing. Reliant stadium cannot be cheap to operate for a day. Does the espn check and the tix that the schools buy really offset that? Someone educate me...
seriously.

what is the state of texas going to do, write it off on their taxes??

is all this just advertising for tourism?? why bother?

i dont get this one either.
 

HtownOrange

Living Legend
Joined
Aug 27, 2011
Messages
11,343
Like
13,281
I think the Texas Bowl is owned by the Texans NFL organization. Whether they make money is debateable.
 

upperdeck

Living Legend
Joined
Aug 26, 2011
Messages
24,798
Like
24,870
they got 10-15K of people traveling into the city that would not be there. maybe they get a kickback from the tourism board. what was the ticket allotment that the conf kick in beyond what the schools buy?

too many bowl games have no people in the stands so there has to be some reason for existence if they are all losing so much money.
 

Alsacs

Living Legend
Joined
Aug 28, 2011
Messages
63,343
Like
91,295
Of course they make money this bowl is an obvious 501(C)(3) for whomever owns and operates this bowl. They don't pay any taxes and can jack up expenses and write them off instead of paying that money to Uncle Sam. Every bowl is a scam and is full of people being paid inflated salaries and not having to pay that money to the government. Any operator of a bowl probably stuffs that bowl board with relatives, friends, corporate friend and pay them for working on the bowl committee. Its smart and technically legal. You are able to write that money off your tax returns and pay friends instead of the paying the government. I would do it if I was a corporation. Why do you think almost every bowl has a corporate sponsor. They get to write that money off by creating a 501(c)(3) out of it and get advertising/branding out of it as well.
 

CousCuse

Comin in Hot
Joined
Dec 15, 2013
Messages
10,871
Like
8,162
It's called free enterprise. Are there too many movies,malls,womens shoes,restaurants, etc., etc... Maybe there should be a gov committee to decide,or a czar.
 

sufandu

Living Legend
Joined
Aug 30, 2011
Messages
12,851
Like
18,529
If it's owned by the Texans than it at least offsets some costs of having an empty stadium do nothing for a day. It's like having a yard sale. You're not really making much off of anything you sell, but it's more than if the stuff just sat in boxes in a closet somewhere.
 

ImperialOrange

Living Legend
Joined
Aug 26, 2011
Messages
18,165
Like
39,980
I think the Texas Bowl is owned by the Texans NFL organization. Whether they make money is debateable.

It's gotta be a write off similar to NBA teams writing off WNBA teams.
 
Last edited:

JoeSU

All American
Joined
Aug 26, 2011
Messages
4,221
Like
4,867
does SU lose money when 25K are at a game?
I sure hope not. Someone estimated our share of the equally divided ACC Bowl revenue to be somewhere north of $2M. Yes, we're responsible for our ticket allotment, but we also receive an allowance from the league to cover the team travel expenses.

As for how the bowls make money, I assume a major source of revenue is from selling the broadcast rights to ESPN, who in turn sells commercial time. Others with more knowledge may have a better idea of the amounts involved.
 

OttoinGrotto

2020-21 Iggy Award Winner 3 Point Shooting %
Joined
Aug 26, 2011
Messages
52,831
Like
142,915
Of course they make money this bowl is an obvious 501(C)(3) for whomever owns and operates this bowl. They don't pay any taxes and can jack up expenses and write them off instead of paying that money to Uncle Sam. Every bowl is a scam and is full of people being paid inflated salaries and not having to pay that money to the government. Any operator of a bowl probably stuffs that bowl board with relatives, friends, corporate friend and pay them for working on the bowl committee. Its smart and technically legal. You are able to write that money off your tax returns and pay friends instead of the paying the government. I would do it if I was a corporation. Why do you think almost every bowl has a corporate sponsor. They get to write that money off by creating a 501(c)(3) out of it and get advertising/branding out of it as well.
I remember something last year about how one of the bowls had it's own CEO that pulled in like 170k a year or something.
 

Alsacs

Living Legend
Joined
Aug 28, 2011
Messages
63,343
Like
91,295
I remember something last year about how one of the bowls had it's own CEO that pulled in like 170k a year or something.
Its a joke my firm gets boatloads of free tickets to the Belk Bowl each year and since we are their firm. The taxation division in my firm makes sure they use every legal loophole they can use in deducting taxes. Corporations can use these bowls for branding and give meaningless jobs to people they know and game the system.
 

Scooch

Living Legend
Joined
Aug 27, 2011
Messages
14,106
Like
40,142
OttoinGrotto said:
I remember something last year about how one of the bowls had it's own CEO that pulled in like 170k a year or something.

Read up on what went down with the Fiesta Bowl. How any of these things still exist is a testament to the power of inertia.
 

OttoinGrotto

2020-21 Iggy Award Winner 3 Point Shooting %
Joined
Aug 26, 2011
Messages
52,831
Like
142,915
Read up on what went down with the Fiesta Bowl. How any of these things still exist is a testament to the power of inertia.
Oh, this is gonna be fun.
fiesta bowl ceo google search.png
 

OttoinGrotto

2020-21 Iggy Award Winner 3 Point Shooting %
Joined
Aug 26, 2011
Messages
52,831
Like
142,915

Scooch

Living Legend
Joined
Aug 27, 2011
Messages
14,106
Like
40,142
OttoinGrotto said:
Oh man, I low balled it big time. http://www.usatoday.com/story/sports/ncaaf/2012/12/11/bowl-bosses-pay-college-football/1762487/ I'm not saying this is sickening, and I know some people will come out of the woodwork to say it's just the market and who is anyone to question what someone else makes, but... something's not right here.
It is sickening and there's no "market" rationale. These are tax exempt operations that make people fabulously wealthy. Yet this is not even in the top 10 things about college athletics that should outrage people.
 

JJReddawg

All Conference
Joined
Aug 26, 2011
Messages
3,472
Like
6,886
I'm not saying this is sickening, and I know some people will come out of the woodwork to say it's just the market and who is anyone to question what someone else makes, but... something's not right here.

It's crazy. Absolutely crazy.

In other news, I'm starting my own Bowl Game if anyone wants to jump on. I haven't determined the location, but I'm open to bidding from any cities that are interested.
 

Similar threads

Forum statistics

Threads
161,655
Messages
4,411,076
Members
5,670
Latest member
cusenj

Online statistics

Members online
29
Guests online
267
Total visitors
296




Top Bottom