It’s all Ohio State’s fault, or something.
In speaking with reporters, McGarity referenced high ticket prices at Ohio State that give the Buckeyes a profit of roughly $7 million per game.
“We in turn net approximately $2.25 million every year,” McGarity said. “So there’s a wide, wide gap and I think it dovetails into the market or the accessibility to these non-conference teams (as opponents). It’s going to turn into a bidding war, because if School A can go to Ohio State and have a guarantee of $1.5 million, that makes business sense, because they’re generating $7 million a game. But that race for trying to find opponents is going to increase, and it’s going to be very competitive. Not only do we need it for that standpoint, but costs aren’t going down.”
Now, for the sake of argument, let’s skip past the point that when you toss in Hartman Fund contributions, the revenue gap between what Georgia football (“$23.4 is budgeted to be from the Hartman Fund, $22.5 is budgeted to come from football tickets”) and Ohio State football ($48,761,850.00 as of fiscal year 2011-2) pull in shrinks dramatically. And never mind that Big Ten schools revenue share gate receipts from football games. Here’s what I want to know: if Greg McGarity is so concerned about the rising cost of non-conference games, isn’t that a strong justification for going to a nine-game SEC schedule?
I know, I know.