JoseyWalesTheOutlaw
Member
College Football Playoff distribution down roughly $45M, per report
Sports Business Journal reports CFP revenue down roughly 10 percent.
www.al.com
The College Football Playoff felt the financial pinch of the COVID pandemic, according to a report in the Sports Business Journal.
A week after a new CFP proposal would expand the field to 12, revenue distribution from the College Football Playoff was down $44.6 million hit in 2020-21, a 9.2 percent downturn from record revenue the year before, per the report.
Ticket sales due to capacity restraints, lack of hospitality and merchandise were all factors for the dip in revenue.