Boise State expects to make a profit of nearly $1.7 million from its appearance in the 2014 Fiesta Bowl, according to a revenue-and-expense breakdown provided to the Idaho Statesman in answer to a public-records request.
The exact profit: $1,686,680.90.
Boise State based its report on a $4 million payout from the Fiesta Bowl appearance. The school received half of the Mountain West’s College Football Playoff bonus, or $2 million. It also received $2 million in expense money. The school will get another $167,000 as its share of the other $2 million the conference received from the CFP, but that conference distribution wasn’t included in Boise State’s calculation.
Boise State netted $1.2 million on a $3 million payout for the 2010 Fiesta Bowl and $2.8 million on a $4.3 million payout for the 2007 Fiesta Bowl. All told, the school has made about $5.7 million off its three Fiesta Bowl trips.
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Major expenses for the 2014 trip included:
– $535,921.91 for the ticket office and parking. That includes 2,826 unsold tickets.
– $397,273.69 for airfare and ground transportation. The school chartered three flights each direction.
– $267,723.08 for lodging for the team and staff. The school was required by the Fiesta Bowl to take 150 rooms at the Fairmont Scottsdale Princess Resort for six nights for the team and staff ($227 per night) and 125 rooms at the same hotel for three nights for the official travel party ($227 per night). The school was obligated to take another 75 rooms for three nights at a different hotel ($149 per night). Some of those hotel nights were sold to fans to lower the school’s bill.
– $206,445.05 for food for the team and staff.
– $162,395.54 to bring the band, cheerleaders and dance team. The school was required by the Fiesta Bowl to take 125 rooms for three nights for the band and spirit group ($145 per night).
– $162,261.03 for equipment, team awards and gifts.
– And $547,279.15 for supplemental pay. That includes $175,000 for coach Bryan Harsin, $200,000 total for his nine full-time assistants and $30,000 for Athletic Director Mark Coyle.
The total of expenses was $2,313,319.10.
The Fiesta Bowl profit likely will stay in the athletic department to help with the increased costs caused by the move to cost-of-attendance scholarships this fall, added food offerings for athletes and rising student-insurance costs, the university said in a statement. Cost-of-attendance scholarships alone will add about $1.2 million to the budget.
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Below are today’s Boise State football interview videos. The one with Antoine Turner is particularly compelling.