GRAMBLING, Louisiana -- It’s safe to assume capturing a national championship will have a monetary effect on your football program.Grambling State capped its 2016 football season, edging out North Carolina Central, 10-9, for the HBCU National Championship at the second ever Celebration Bowl in Atlanta. The victory pulled in $702,200 for the GSU football program and athletic department.
The payout for the Celebration Bowl victory stamps a solid money figure on what winning can do for smaller programs and athletic departments like Grambling. The HBCU national title takes up a big part of the large spikeof the more than 21 percent jump in total operating revenue for the school.
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Enthusiasm from the alumni and fan base swelled as arguably the Tigers’ best football season since 2008 -- along with what have proven to be critical moves made in leadership in the hiring of Grambling State president Rick Gallot and athletic director Paul Bryant -- generated the department $7,853,609 in revenue, a $1,654,886 spike from the previous year, according to a USA Today athletic finance database released Thursday.
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