Big-time bowl games can create big-time financial issues for some schools

 
By David Wharton, Los Angeles Times | Published: December 31, 2012   

On a Sunday afternoon in early December, the Northern Illinois football team gathered on campus to learn its fate.

A Cinderella story from the fringes of the big-time college game, the Huskies erupted in cheers when they received an invitation to play in the prestigious Orange Bowl on New Year's Day.

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But as players jumped on tables and threw their hands in the air, administrators set to work behind the scenes, wondering if their university could afford its big break.

“I've been in...
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