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The Power Five conferences will almost double their financial haul in the College Football Playoff's first season as compared to the final year of the Bowl Championship Series, official estimates provided to USA TODAY Sports show.
The Atlantic Coast, Big 12, Big Ten, Pac-12 and Southeastern conferences each will draw a baseline amount of approximately $50 million in the first year of a 12-year contract.
The other five Football Bowl Subdivision-level leagues will split $75 million -- more than five times greater than their combined payday in 2013.
"It's good for everybody," said Bill Hancock, the College Football Playoff's executive director. "There's more money for everybody."
The total TV revenue from ESPN hasn't been disclosed, and Hancock declined to comment, but USA TODAY Sports has reported it will average at least $470 million annually over the life of the contract. Ticket and merchandising sales and sponsorship deals could add $40 million to $50 million annually.
In the BCS' final year, the baseline distribution to the ACC, Big Ten, Big 12, Pac-12, SEC and American Athletic was $27.897 million. Conference USA, the Mid-American, Mountain West and Sun Belt split $13.168 million.
Other revenues include:
Conferences will receive $6million for each team selected as one of the four playoff participants. (There will not be additional funds for the teams that advance to the title game.)
Conferences will receive $4million for every team selected for a non-playoff bowl (in 2014, the Cotton, Fiesta and Peach bowls).
Each conference will receive $2 million to cover expenses for each participant in a semifinal, and for the championship game.
Notre Dame will receive $2.3 million in 2014; the other three independents will split $922,658. (Notre Dame and other independents would receive $6 million for participation in the playoff or $4 million for participation in the Cotton, Fiesta or Peach bowls.)