CFP: SMU revenue less than full Power 5 share

• Heather Dinich, ESPN Senior WriterFeb 5, 2024, 09:43 PM ET

  Close

  • College football press reporter
  • Signed up with ESPN.com in 2007
  • Graduate of Indiana University

The College Football Playoff management committee unanimously agreed upon an undisclosed quantity of money for incoming ACC member SMU that will go to the conference, but it’s still less than the revenue the CFP typically distributes to Power 5 schools, CFP executive director Bill Hancock said Monday.The 11 presidents and chancellors who control the playoff must still unanimously authorize SMU’s profits circulation for the next two years, which are the final two seasons of the current 12-year contract. SMU will ultimately get the complete share when the new agreement is done.” I think everybody in the

room felt like it was a reasonable lodging,”Hancock stated.”They’ve spent a very long time speaking about it– over three conferences.”The decision is substantial since in the past, schools that made the leap from a Group of 5 conference to a Power 5 league likewise saw an increase in CFP income from approximately $1 million to $6 million. In 2022, the CFP voted to offer complete Power 5 income to incoming Big 12 schools UCF, Cincinnati, Houston and BYU. SMU and the ACC were under the impression they would get the same.Editor’s Picks 2 Associated Hancock decreased to say specifically what the financial agreement was,

and ACC commissioner Jim Phillips decreased to comment after the meeting, as did SMU athletic director Rick Hart.The 10 FBS commissioners and Notre Dame athletic director Jack Swarbrick, who joined Monday’s CFP conference in Dallas by Zoom, have been talking about SMU

‘s income circumstance for months. SMU had currently accepted forgo ACC television revenue for its first nine years in the league.There is currently a glaring CFP profits gap in between the Power 5( Pac-12, ACC, SEC, Big 12 and Big Ten )and the Group of 5(Conference-USA, Mid-American, Mountain West, Sun Belt and American Athletic Conference). Currently, about 80%of the CFP earnings goes to the Power 5, while 20% is designated to the Group of 5. Now the commissioners need to identify how it will be shared amongst the”Power 4,”as the Pac-12 is on the brink of extinction following defections to other leagues.With the Pac-12 to Washington State and Oregon State, the CFP’s model for how groups receive the brand-new 12-team playoff this fall stays on hold. Except for the Pac-12, there is consentaneous support for a 5 +7 model that rewards the 5 highest-ranked conference champs plus the next seven-highest ranked groups. Hancock said that choice is with the board, where Washington State president Kirk Schulz represents the league with a vote on an issue that needs unanimity for approval.” It’s refrained from doing yet since the Pac-12 isn’t prepared to vote on it,”Hancock said.Schulz has decreased comment.