The Atlantic Coast Conference is allowing the University of Miami to keep all of the conference’s College Football Playoff prize payout, totaling $14 million so far.
Schools can earn up to $20 million for its conference this year: $4 million for making it to the 12-team field, another $4 million for making it to the quarterfinals and $6 million each for the semifinals and championship.
Each conference also receives $3 million per team, per round to cover travel expenses. UM gets to keep all of the ACC’s travel money designated for the team.