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How is the bowl money allocated to the schools? CUSA will receive about $6 million from the bowl games that its teams participated in. Are the participating schools first reimbursed for all bowl game related expenses and then the remaining money is allocated to the conference members evenly or do the participating schools get a larger share of the net payout?

i'm pretty sure it's apread evenly after expenses.

Im not sure about the game-related expenses, but I'm pretty sure that the school keeps half the payout and the rest goes into a pool to be split among all CUSA schools.