This is a really a good deal for TU. It is a standard Big12 contract. The home team keeps all the receipts and the visiting team gets $300,000. Same as contracts with OU, Texas. TCU etc, I am very surprised Holder agreed to it.
First thing is, Chapman stadium seats 25,193.
I know this for a fact, because we counted them----twice. If you do not believe me count them your self. It only took two of us about 90 minutes. That includes all seats, suites, club seats, box seats, and handicap seats. There is really is no standing room only at Chapman, even though the seating charts shows a very small area. The areas next to the Case Center might accommodate a couple hundred. The Case center is not a part of the stadium and at best the Fire Marshall would allow no more than a couple of hundred.
So if TU sells out the stadium of 25,000 for $75 per ticket to the OSU game they take in $1,875,000 plus concessions and programs etc.
Ticket prices for most TU games average about $25 each. Attendance is usually around 17,500. So they take in roughly $437,500.
A difference of $1,437,500. Plus they sometime tie season ticket sales or mini season ticket sales to the OSU game. Which increases their revenue.
The travel expenses are a wash, since both teams get the same amount.