It's got to be a big financial hit for Virginia. They're still paying the money to Ohio to play, but now it is getting no income while having to pay travel expenses. I wonder if Virginia has to pay Vanderbilt for use of the stadium? Either way, it's got to be a big loss for Virginia.
I can't see how it wouldn't have been better to play in Athens, even if it meant Virginia had to still pay Ohio. Maybe Ohio could have offered some of the revenue or some kind of discount in the payment (maybe it did). Either way, it would seem less costly for Virginia, but maybe it was worth the financial difference in order to not play a true road game.
I have the same thoughts.
What exactly is in this for Virginia?
-They still pay Ohio $650K
-They now have to pay for travel
-Who is covering the costs for the stadium use?
-They don't get ticket revenue (free tickets?)
-Do they have to refund people tickets for the original game?
-Who gets TV revenue? Virginia? The conference? Split with the MAC or Ohio?
If I'm Virginia, I'm really questioning this decision from a financial perspective.