The College Football Playoff’s annual revenue distribution, typically in the $500 million range, could drop by 10% to 15% this season, according to executive director Bill Hancock.
The final total, which won’t be finalized until March, will depend primarily on how many fans are allowed into college football’s most important bowls. While sponsorship revenue may dip slightly, ticket sales and hospitality will be the main areas impacted if the games are held as scheduled in January.
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Discussion Questions:
- What is revenue?
- Why is revenue important to the CFP?
- Why do you think revenue will decline this year?
- Do you think there is anything the CFP can do to help offset the revenue losses this year? Why or why not?
- How will the revenue declines impact the CFP in the future?