Here is all you need to know about the College Football Bowl Season prize money and payouts
Find out how much each team earns per game
In the Rose Bowl, the Wolverines defeated Alabama 27–20 thanks to RB Blake Corum’s 17-yard touchdown run in overtime.
As the squad attempts to win its first national championship since 1997, it’s the first victory in three consecutive College Football Playoff outings for the Wolverines.
College Football Bowl teams and players payouts, salaries and prize money for Sugar, Rose, Cotton Bowl
That Michigan Rose Bowl win is so much better with Titanic music (🔊)#GoBlue pic.twitter.com/WVlObsx4QK
— Swanky Wolverine (@swankywolverine) January 2, 2024
With 1:34 remaining in regulation time, JJ McCarthy hit Roman Wilson for a quick pass to tie the game, setting up Michigan’s victory. With 4:41 remaining, Alabama had scored a 52-yard field goal to take a 20-13 lead.
On the other hand, after defeating Texas 37-31 in the Sugar Bowl and securing a match with Michigan in the College Football Playoff national title game, the Washington Huskies utilised their potent offence to fend off a late comeback.
In addition to sending the Huskies to their first-ever national championship game, the victory marked Washington’s first College Football Playoff triumph since the team’s 2016 semifinal loss.
The college bowl season is a whole other experience. Tracking all forty-three games with the word “bowl” in their names is a challenge, but tracking the revenue they bring in annually is an even bigger challenge.
The NCAA makes millions of dollars from collegiate bowl games, from the nearly forgotten Famous Toastery Bowl to the 100-year-old Rose Bowl Game.
Even though each game has a set amount of money allocated to the participating teams, the money does not go directly to the institution; rather, it is deposited into the conference account of the team, which then divides it up among its members based on predetermined standards.
What is the winning team’s share of the College Football Playoffs?
When it comes to College Football, unlike the NFL, money is sent directly to conferences (save for Independents), each of which has its own regulations governing how it is disbursed to its individual member schools.
Every team chosen for a semifinal game in the College Football Playoff receives $6 million from the league, and every team participating in a non-playoff bowl (Cotton, Fiesta, and Peach Bowls in years when they are not semifinal venues) receives $4 million.
The following is a breakdown of revenue and bonuses for the conferences whose teams take part in the CFP:
- A $2.1 million participation subsidy and $950 per mile of travel to the championship game, or a $2.5 million participation subsidy and $450 per mile of travel, are available to Big 12 teams playing in the semifinals.
- Each team that advances to the semifinals receives $2.05 million from the SEC, and if the team advances to the championship, they will receive an additional $2.15 million.
- Participating in bowl games does not earn players bonuses or money. As an alternative, they get presents, with a maximum value of $550 per player, as incentives.
- A Fossil watch and a New Era cap will be given to Sugar Bowl players.
- Participants in the Rose Bowl will be compensated with a Fossil watch, an Oakley Works bag and a New Era 59Fifty cap.