A television contract extension and the earliest...
A television contract extension and the earliest sellout in the Holiday Bowl’s 12-year history enabled organizers to increase the guaranteed payout to $1 million for each participating school, officials said.
The new payout is the largest of a non-New Year’s Day bowl game. Bowl officials and ESPN negotiated a contract extension under which the game will be telecast by ESPN through 1993, said bowl spokesman Bruce Binkowski.
Last year’s Holiday Bowl pitted Oklahoma State against WAC champion Wyoming. Each school received $907,613.
The payouts have increased each year since the bowl’s inception in 1978, when Navy and Brighman Young received $218,645 each.
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