There's a pretty detailed and interested look at bowl revenues for college teams up on Deadspin this morning, basically debunking the idea that teams lose their shirts at times by participating in bowl games.
The article focuses almost exclusively on the Orange Bowl, especially Virginia Tech's 2011 appearance against Stanford, with detailed breakdown on the Hokies bowl expenses/revenues and how everything is distributed to/from the ACC.
Long read, but well worth it, IMO
Teams In The Orange Bowl Don't Make Any Money, And Other Lies
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