The revenue figures were reported by the bowls and the College Football Playoff to the NCAA and the schools supplied expense reports for participation, said Damani Leech, the NCAA's managing director, championships and alliances.

The College Football Playoff replaced the BCS last season. The playoff matched the four top teams in the nation, as chosen by a selection committee, in two bowl semifinals with the winners playing for the national title. The BCS paired the top two teams in the country as chosen by polls and computer ratings in a national championship game.

The conference commissioners who created the College Football Playoff considered holding the semifinals at campus venues, but ultimately decided to work within the bowl system. The increase in revenue comes at a time when running a major college athletic program is becoming more costly.

How Much Does the NCAA Make off March Madness? | Investopedia

All FBS conferences are planning to raise the value of an athletic scholarship by several thousand dollars to cover the full cost of attendance. The NCAA also now allows schools to pay for meals for athletes, and more costly reforms are in the works.

Revenue Distribution | College Football Playoff

For there to be a significant spike in football bowl and College Football Playoff money at least gives our athletic directors some breathing rooms with business decisions they need to make. The NCAA postseason bowl certification report also includes a survey of players, 23 head coaches and 40 athletic administrators to gauge the level of satisfaction with the bowls.

College bowl game payouts surpass $ million in first year of College Football Playoff

The report said 34 percent of those responding were extremely satisfied with the bowl experience, 48 percent were very satisfied and 15 percent were moderately satisfied. In , only 19 percent of respondents said they were extremely satisfied and 34 percent they were moderately satisfied.

The report says to expect more bowls next season. The Cure Bowl in Orlando was approved last season but delayed its starting date. Little Rock, Arkansas, Tucson, Arizona, and Austin, Texas, are also hoping to be certified, which could make 43 postseason games that need 84 teams -- eight more than last season.

Five teams that were bowl eligible last season didn't play in the postseason, which doesn't include Georgia Southern. The Eagles won nine games in their first season playing in FBS, but were not eligible for postseason play due to NCAA rules regarding transition years. Appalachian State and Old Dominion also become postseason eligible this season. FBS members need to adopt new legislation this summer setting up safety nets to fill bowl spots if not enough teams reach eligibility, which generally means at least a.

The current NCAA safety-net bylaw runs out in August and includes provisions for allowing teams to participate in bowl games with two victories against FCS teams and during transition years.

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