After travel expenses are paid I believe.
It’s a weird formula that’s supposedly public but nobody really knows what the formula is. For instance, UCF and USF created booster run organizations, in part, to hide the details of the broadcast and bowl payouts.
What we do know: we get around $1.2 million for sitting on the couch. That’s our share of the playoff money and the AAC bowl pool combined. Judging by other conferences who do make bowl payouts public, you get a minimum of about $175,000 in cash if you don’t bowl in the AAC, depending on how many teams in the AAC bowl that year. Looking at the publicly reported payouts from the state schools, and some of the other publicly available information from our friends at Memphis. It seems we get an equal share plus an equally divided fraction of the payout amongst those that actually bowl, plus a certain amount depending on what bowl you are in, except NY6 participants who get to keep additional amounts. That’s how UCF gets $7.2 million after losing to LSU, teams like SMU gets $3 million and we get in the ballpark of $1.2 million. The point being, there is a substantial gap in what we will see if we end up having to go bowl at SMU instead of to Fort Worth or Atlanta.
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