Duke Football Rolls in ACC cash

Duke fell short of qualifying for a bowl game this year, but that didn't stop the Blue Devils from pocketing a nice chunk of change from bowl season.

Seven ACC teams qualified for bowls, and the league generated $28.85 million in revenue from those games, according to the Triangle Business Journal.

After reimbursing schools that played in bowls for travel expenses—nearly 8 million bucks—the remaining $20 million will divided evenly among the 12 member schools this June, meaning that Duke will make a cool $1.75 million despite not getting to the postseason.

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Curiously, the Journal's numbers show that schools that didn't have to travel far for their bowl games were still reimbursed very nicely. For example, North Carolina received $1 million for its travel expenses even though the Tar Heels only drove 2.5 hours to Charlotte, and Miami received the same amount for playing in Orlando, about four hours from campus.

Of the ACC's seven bowl games, Georgia Tech's bid to the Orange Bowl generated by far the most money for the league. The Yellow Jackets earned the ACC a staggering $18 million, while none of the other bowl games made more than $3.4 million in profits. Tough luck for Georgia Tech, though—it won't get to keep the majority of that cash. Instead, its ACC rivals will benefit from fatter wallets this offseason.