Friday, August 12, 2011
OSU bowl revenue going to charities
By Adam Rittenberg
The most significant news from Ohio State's hearing with NCAA's Committee on Infractions was the announcement that the school would forfeit its $338,811 revenue share from playing in the 2011 Sugar Bowl.
An Ohio State official told ESPN.com that the money will go to several local charities. A Big Ten spokesman said the remaining revenue the league received from the Sugar Bowl will remain with the other institutions.
I think Ohio State made a smart move by forfeiting the revenue and announcing the additional penalty on the day of its hearing. It's one thing to vacate a win, a symbolic gesture, but vacating a win from a game where you profited looks bad. While losing the money isn't a huge deal for one of the nation's richest athletic departments, it's the right thing to do and could help Ohio State in the eyes of the COI.