Re: FCS Selection Show
Originally Posted by
CAS4127
Can someone smarter than me tell me what exactly this means?
1. Prospective host institutions must submit the following minimum financial guarantees, which shall be 75
percent of the estimated net receipts as submitted on the proposed budget:
First round—$30,000
Second round—$40,000
Quarterfinals—$50,000
Semifinals—$60,000
2. If the minimum financial guarantees are met, the committee will award the playoff sites to the top eight
seeded teams.
You have to guarantee at least that dollar amount, whether through 75% of net receipts or out of pocket.
You're eligible to host as long as you meet the minimum bids for each round. If you're a seed and bid at least the minimum, you host a 2nd round game.
If you play another seed, the better seed hosts the game as long as the minimum is met.
EDIT: if I remember correctly, the amount that is paid is the greater of 75% of net receipts or the host institution's bid guarantee.
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