Coach Beamer gets extra $121,000 for beating Miami Saturday in his bonus envelope. It just happens to work out that way because he gets that much more for going to a BCS bowl vs a non-BCS bowl.
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Beamer goes bowling for dollars
Tech coach can collect upward of $280,000 for winning BCS game
BY MIKE HARRIS
TIMES-DISPATCH STAFF WRITER
Wednesday, December 1, 2004
BLACKSBURG - Virginia Tech earning a spot in the Bowl Championship Series won't have much of a financial impact on the school's athletic department, thanks to the revenue sharing plan in place in the Atlantic Coast Conference.
But Tech coach Frank Beamer stands to gain considerably if the Hokies beat Miami on Saturday and earn the ACC's slot in the BCS.
Beamer gets a bonus of $143,227 for taking the Hokies to their 12th straight bowl (they go to the Peach Bowl if they lose to Miami). He gets $10,000 more for winning.
That bonus jumps to $264,840 if the Hokies play in a BCS bowl. Beamer pockets another $15,000 for winning.
Offensive coordinator Bryan Stinespring and defensive coordinator Bud Foster receive $30,000 bonuses for a regular bowl and $35,000 for a BCS bowl. The other seven full-time assistants get $10,000 for a regular bowl and $20,000 for a BCS bowl. The assistants also get additional money for a victory.
The athletic department gets additional expense money depending on what BCS bowl Tech goes to, but the bowl destination does not affect Tech's revenue share.
The ACC offers an expense guarantee of $1 million.
It jumps to $1.6 million for the Orange and Sugar bowls, $1.85 million for the Fiesta and $2 million for the Rose.
Above that, Tech Athletic Director Jim Weaver said the school will receive about $6.25 million each of its first two years in the league (this year and next) and then will start receiving a full share of approximately $9.5 million each year.
"I have no problem with the way the ACC does it at all," Weaver said. "We're going to get more money in our first year than we've ever gotten from the Big East, and that's not a full share [this year].
Last year, the school's final one in the Big East, it got $5.1 million plus $1.1 million to go to the Insight Bowl in Phoenix, Weaver said.
The ACC will pay in full for whatever portion of the school's ticket allotment goes unsold beyond the first 8,000 tickets. The school is responsible for the sale of the first 6,000 tickets. The league pays for 50 percent of the cost of tickets 6,001-7,000 and 75 percent of the cost of tickets 7,001-8,000.
Weaver said the Big East did not pick up any cost for a school's bowl ticket obligation. Tech paid about $390,000 in unsold ticket fees last year when it fell about 7,500 short of its obligation to sell 10,500 tickets to the Insight Bowl.
Contact Mike Harris at (804) 649-6839 or mharris@timesdispatch.com
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