Bowl Game revenue question

Are bowl game revenues split among the conference? Or does the individual school keep the payout (less travel expenses)?

Pretty sure its all split in the sec.

I found this from last year!

Keep in mind that all of this money goes to the conference, not to the team playing in the game. Most conferences split it equally between all 12-14 teams with an equal share also going to the conference office (although some give a bonus to the team participating in the game).

SEC

$50 million base to the conference

$6 million to the conference for Alabama (Sugar Bowl – CFP semifinal)

$4 million to the conference for Ole Miss (Peach Bowl)

$27.5 million to the conference for Mississippi State (Orange Bowl)

Total: $87.5 million to the conference

Conference distribution model: For bowl games with receipts of $4,000,000 – $5,999,999, the participating team retains $1.475 million (Ole Miss), plus a travel allowance determined by SEC. For bowl games with receipts of $6 million or more, the participating team receives $2 million (Alabama and Mississippi State), plus a travel allowance determined by the SEC. If an SEC team makes it to the championship game, it receives another $2.1 million, plus travel allowance. The remainder of the revenue from these bowls is divided 15 ways – one share for each of the 14 SEC teams and one share for the conference office. There’s also a distribution method for bowls with lower payouts, but I’m not covering that here.

College Football Playoff: Conference Payouts -

Did Mississippi State Really get $27.5 million for that effort in the Orange Bowl last year?