02-17-2013, 11:42 AM
I'm not too surprised that Stanford covered all of its bowl trip costs with the fixed $1.5mil budget. I was surprised to learn that the additional tickets that Stanford sells beyond its initial allotment only fatten the bowl organizers' pockets--Stanford doesn't see that revenue.
http://www.stanforddaily.com/2013/02/15/...-the-farm/
Quote:For the 2013 Rose Bowl, Stanford fans bought all of the 30,193 tickets allocated to Stanford in less than 24 hours. The athletic department ultimately acquired and sold approximately 8,000 more tickets. However, Stanford did not earn supplemental revenue from selling additional tickets, since all ticket income goes back to the bowl organizers.
The revenue from those tickets went to the Rose Bowl, Eubanks said. We were selling the Rose Bowls tickets and providing an additional service to our fans, our alumni and our students by being able to meet their demand and so that they would be able to sit in Stanfords section.
http://www.stanforddaily.com/2013/02/15/...-the-farm/


