The Texas Bowl payout is 6.4 Million combined for both teams. No way they can aggy it up enough to not be profitable. Plus there is this..
For the 2023-24 academic year:
Each conference will receive $300,000 for each of its schools when the school’s football team meets the NCAA’s APR for participation in a postseason football game. Each independent institution will also receive $300,000 when its football team meets that standard.
A conference will receive $6 million for each team that is selected for a Playoff Semifinal. There will be no additional distribution to conferences whose teams qualify for the national championship game. A conference will receive $4 million for each team that plays in a non-playoff bowl under the arrangement.
Each conference whose team participates in a Playoff Semifinal, Cotton, Fiesta, or Peach bowls, or in the national championship game will receive $2.85 million to cover expenses for each game.
Based on calculations from the 2022-23 season, the following distributions were made in the spring of 2023 (Estimates for the 2023-24 season will be finalized following the 2024 CFP National Championship.):
Each of the 10 conferences received a base amount. For conferences that have contracts for their champions to participate in the Orange, Rose, or Sugar bowls, the base combined with the full academic performance pool was approximately $79.41 million for each conference. The five conferences that do not have contracts for their champions to participate in the Orange, Rose or Sugar bowls received approximately $102.77 million in aggregate (full academic pool plus base). The conferences distribute these funds as they choose. Notre Dame received a payment of $3.89 million by meeting the APR standard; the other six independents shared $1.89 million.
Certain conferences in the Football Championship Subdivision received approximately $3.08 million in aggregate.