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The winner of the College Football Playoff National Championship does not receive a specific payout, but the game involves a significant amount of money. The revenue from the College Football Playoff is distributed to conferences, and each conference has its own rules for distributing the funds to individual member institutions.
The distribution of funds in college football is different from that in the NFL. In college football, funds are distributed directly to conferences, with each conference having its own rules for distribution to individual member institutions.
Some conferences distribute funds evenly between all , while others award bonuses to the participating team. Additionally, some bowls have direct contracts with conferences, and the funds from these contracts are separate from the general payouts.
As of the 2021-22 season, each conference receives $6 million for each team selected for a semifinal game and an additional $4 million for each team that plays in a non-playoff bowl under the College Football Playoff. However, there is no additional payout for the National Championship Game itself. The expenses such as travel, accommodation, and food for the game are covered, but there is no specific prize money for the winner.
How much do CFP teams get paid?
The College Football Playoff revenue distribution plan includes various allocations. Each conference receives $300,000 for each of its schools when the school's football team meets the NCAA's APR for participation in a post-season football game.
Conferences also receive $6 million for each team selected for the semifinal games and $4 million for each team that plays in a non-playoff bowl. Additionally, conferences whose teams participate in certain games receive funds to cover expenses, with specific amounts allocated for different games.
In conclusion, while the winner of the College Football Playoff National Championship does not receive a specific payout, the college football game involves a significant amount of cash that is distributed to conferences and individual member institutions based on predetermined formulas.