Colleges Net $500 Million From Bowl Games

The 35 postseason games of the Football Bowl Subdivision paid out more than $500 million to college football conferences this season, the Associated Press reported. The payout is an increase of $200 million from last season, the final year of the Bowl Championship Series. The increase is primarily the result of media deals to broadcast the seven games that make up the new college football playoff. ESPN pays the conferences about $470 million per year to broadcast the games.