How much has the BCS cost collegiate athletics? $4.83 BILLION and counting!
It is very easy to talk to a few network TV executives, media buyers, and corporate marketing honchos and figure out how much college football and collegiate athletic programs will leave on the table this year (over $650 MILLION DOLLARS this year alone) and over the next 10 years ($7.0 BILLION PLUS DOLLARS) if the current BCS system stays in place over the revenues of what a 16 team college football playoff would generate. What is a more interesting question, especially in a time when the vast majority of college athletic programs are losing money (With only 19 of 120 I-A athletic programs showing a net profit) and the cost of everything from fuel to college tuition skyrocketing, is how much money has the BCS already cost athletic programs across the United States? This is not a trivial question, and in fact it is very important question that should be put directly to the BCS Boys and to the bowl executives that the BCS works so hard to protect. It is our contention that not only is the BCS one of the greatest frauds in the history of sport by arbitrarily picking two teams at the end of the regular season to play for the National Title (How does a team (LSU) that lost to Kentucky and Arkansas even get into a National Title game? Answer: Only in the bizarro world of the BCS), but that the BCS has already cost athletic programs and our colleges & universities BILLIONS of badly needed DOLLARS.
Just how much has the BCS cost college athletic programs in its 10 year history if a 16 team playoff had been instituted in 1997 instead of the BCS? Luckily, we here at Coaches Hot Seat have access to the details of TV contracts for college football’s post-season going back to the early 1990s and all it takes is a little research and a calculator to come up with the following numbers:
Revenue generated by BCS since inception (1998 to 2007): $1.02 Billion Dollars
Revenue that would have been generated by a 16 team playoff (1998 to 2007): $5.85 BILLION DOLLARS
Collegiate athletic department Revenues lost because of the BCS (1998 to 2007): $4.83 BILLION DOLLARS
Yes, that is right the BCS has cost collegiate athletic programs $4.83 BILLION DOLLARS over the past 10 years (it will go up to over $5.52 BILLION DOLLARS in January 2009 with the BCS in place for the ‘08 season!), by clinging to an antiquated and bogus process to determine the National Champion in college football. Yes, these BCS Boys are big dreamers all right, as they work like hell to prop up the most fraudulent post-season system in college athletics, a type of system that we here at Coaches Hot Seat have not experienced since our early days of playing T-Ball when everyone was deemed to be a champion (What a bogus way to view the world)! “How lovely” is how the president of Ohio State Gordon Gee described the bowl system before the BCS came into existence, and we really wonder how Gee who has now embarked OSU on a multi-billion dollar capital campaign can possibly explain to his alumni that not only does college football not crown a legitimate champion, it also leaves BILLIONS of DOLLARS on the table that rightfully belong to our student-athletes and to our colleges and universities.
Yes, asking how much the BCS has cost collegiate athletic programs is a very important question to ask, because the BCS Boys dismiss out of hand the idea of a playoff in college football, which is exactly how ever other National Champion is crowned in intercollegiate athletics. What a joy it has been to watch the College World Series this past week where a National Title will be earned on the field of play, instead of the glorified high school popularity contest that the BCS Boys run every year. Not only do the BCS Boys crown a fraudulent champion, they are costing all of our student-athletes access to BILLIONS of DOLLARS, and the money that is not being generated by a 16 team college playoff is coming from somewhere. Athletic directors across the country strain to balance their budgets and to raise enough money from their increasingly stressed alumni who are paying $4 bucks plus for a gallon for gas, and food prices that seem to going up in a never ending spiral. How nice it must be for the BCS Boys that they believe so in their precious little system, that they are so willing to sacrifice BILLIONS OF DOLLARS that our athletic programs badly need to just put uniforms on the backs of our athletes. It is impossible for us to understand how any non-BCS AD, college president/chancellor, or trustee of a school could possibly support the current fraudulent post-season in college football, that has cost in the past and will be costing in the future collegiate athletic programs BILLIONS of DOLLARS. No, make that any AD, college president or chancellor, or trustee of a non-BCS or BCS school that could under any circumstance allow the current debacle of the BCS to continue. The BCS is literally draining BILLIONS of DOLLARS from athletic programs, just so that a very few elitists can keep their boot on the neck of the game of college football. How pitiful… These men do not want what is best for the game, but rather they do not want the NCAA to be involved in the post-season of college football, because they then would have to share their precious dollars that the BCS Boys now collect and distribute like 12th century lords in Europe. No, that is not how America is supposed to operate, where championships are given out to teams that do not earn those titles on the field of play, and where a group of elitists hold onto power just for power’s sake. No, that is not the America we know, and that is not the way Americans normally act. Americans look forward, hopeful of the future, as Benjamin Franklin was at the end of the Constitutional Convention: As his fellow delegates to the Constitutional Convention rose one by one to sign the newborn document, Franklin observed that for many days he had been unable to decide whether the rosy sun on the painting behind the president’s chair was rising or setting. “But now at length,” said Franklin, “I have the happiness to know that it is a rising and not a setting sun.”
Please do not lecture us on the sanctity of the bowls (the rationale that because something happened yesterday means it should happen again today holds no water with us, for we are Americans and we change, adapt, but mainly improve what we find) or that student-athletes will miss out on classes or will have a tough time getting ready for tests. College baseball, basketball, golf, tennis, swimming, softball, lacrosse, and dozens of other sports miss 10 times the amount of classes that football players now miss, and all of those other sports have found ways to get their student-athletes to class, to graduate students at usually much higher rates than football, and to crown a legitimate National Champion that has earned that title on the field of play.
Here are the facts as they exist in the real world BCS Boys. College athletic budgets across the country are straining under increasing fuel costs, pressure from rising tuitions and thus salaries on college campuses, and the decreasing value of our dollar is creating rising inflation in our economy which causes the prices on all goods and services to rise (Dave Hickman in the Charleston Gazette just chronicled many of these problems at West Virginia). As FSU president T.K. Wetherell recently said, It’s not a question of if there is going to be a playoff, it’s going to be a question of when,” said Wetherell the only university CEO on the panel. “It’s going to be driven by money. None of us sitting at this table … are ever going to admit that.” Of course President Wetherell is right, and come January ’09 and another year of the bogus BCS has come and gone, the BCS Boys are going to have to explain why they continue to stand by a system that is costing collegiate athletic BILLIONS of DOLLARS. In January 2009 the total amount of money left on the table by the BCS Boys will be up to $5.52 BILLION DOLLARS, and that is money that should be going into our college and university athletic programs. There is no rationale or logical explanation for why the BCS Boys cling to the current system, especially when the champion it claims to crown does not earn that championship on the field of play. The BCS is a fraud and it is costing our college athletic programs BILLIONS OF DOLLARS. A system like that is doomed to failure, and the BCS has been a failure on every front except for its ability to funnel millions of dollars though the hands of the BCS Boys. On that one point and on that point alone the BCS has been a huge success, but our collegiate athletic programs have paid a massive price for the BCS Boys’ selfishness.
Everyday that the BCS continues to exist it is costing collegiate athletic programs $1.88 MILLION DOLLARS. With 120 I-A football teams, that is $15,667 THOUSAND DOLLARS everyday, $470,010 THOUSAND DOLLARS every month, and $5.64 MILLION DOLLARS every year in lost revenues for every I-A athletic program. The BCS Boys have stuck their chests out in recent months claiming the BCS will be around for years to come, and that there is nothing in the world that is going to change that fact. We have some news for the BCS Boys: College football is going to have a 16 team playoff and in the very near future, because once college presidents understand the amount of money your fraudulent BCS is leaving on the table, all of you will be backpedaling looking for cover and trying to explain your foolishness. Come January 2009, when our economy will probably be much like today, or even worse, and gas is running at 5 or 6 dollars a gallon, you’re precious little BCS is going to look very out of touch with the reality that the rest of us live in. The BCS will be tossed on the scrapheap of history and replaced with a college football playoff, because of basic economics and to the fact that it is a bogus way to determine a national champion, when every other National Title in intercollegiate athletics is earned on the field of play.
Yes, college football will have a playoff and there is not a damn thing the BCS Boys will be able to stop that from happening. Meanwhile the clock keeps ticking and the money the BCS Boys say athletic programs do not need might as well be being thrown in the ocean. How selfish can these BCS Boys be to perpetuate a system that primarily serves them, but no one else? As Oscar Wilde said: “Selfishness is not living as one wishes to live, it is asking others to live as one wishes to live.” Yes, you have these BCS Boys nailed to a tee Oscar!
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[...] How much has the BCS cost collegiate athletics? $4.83 billion and … Athletic directors across the country strain to balance their budgets and to raise enough money from their increasingly stressed alumni who are paying $4 bucks plus for a gallon for gas, and food prices that seem to going up in a never … [...]
These are pretty bold numbers; I kept reading the rant to see if you offered an explanation as to how you arrived at the numbers?
I am all for a playoff, but you won’t get a 16 team playoff. 4 extra football games to determine the champion with the huge impact of injuries? A 4 team play off is possible, but you’ll never get 16 teams.
Assuming you are using the number of games, a 16 team tourney is 15 games, a 4 team tourney if 3. So divide your number by 5 and you get… $1.17 billion. That is $15 M more per year under a best case scenario using what I can only assume is your method. Considering it would only go to the big dogs, I don’t feel too badly about them missing out on this.
[...] What is a more interesting question, especially in a time when the vast majority of college athletic programs are losing money (With only 19 of 120 I-A athletic programs showing a net profit) and the cost of everything from fuel to college tuition skyrocketing, is how much money has the BCS already cost athletic programs across the United States? [Coaches Hot Seat] [...]
Like the above commentor, I has hoping for an explanation of the numbers.
any evidence? Any at all?
Total crap. Give me a way to come up with your figures and maybe, just maybe I’ll believe it. I’m pretty sure that the powers-that-be have figured out how to maximize every possible dollar out of post season play. I truly doubt they are missing out on a single penny, let alone $60 trillion. Oh, I was supposed to put that in bold to try to drive home the point wasn’t I? Douche
does “Revenue generated by BCS since inception” include ALL bowls, or just the BCS bowls?
“Yes, that is right the BCS has cost collegiate athletic programs…”
which collegiate athletic programs? every single div-I school, or the ones that would have made the playoffs? Also, revenue does not equal profits, I’m sure most of that money would go to the networks.
the university presidents, ncaa officials, and bcs reps might not know how to please football fans. They might not know how to crown an undisputed champion. But one thing I’m confident they do know is how to squeeze every last cent out of the college football.
Attack the BCS for its lack of objectivity, its favoritism towards certain schools, or its outdated conference tie-in model. But please, don’t try attacking it from a financial angle. $$ is the only reason why the BCS is still around.
when you refer to the “BCS boys”, are you talking about the selection committee or the conference reps? Because the selection committee’s only job is to choose the bowl participants, they have no say in any other matter. The conference reps are just mouthpieces for the universities. So, it seems that you’re arguing that the universities are cheating themselves out of money, which doesn’t make a whole lot of sense.
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