The Iowa Athletics Department netted a $382,500 surplus from the $1.8 million budget given to it by the Big Ten for the 2010 Insight Bowl, according to a report released by the university May 6.
The largest expense was lodging, meals, and per diem for the football team, which totaled $498,900.
The report also doesn’t include the bonuses paid to the Iowa coaching staff for advancing to the postseason, which totaled $494,861.
“First, I want to congratulate again our student-athletes and staff for a tremendous victory over a very talented and nationally ranked opponent,” Athletics Director Gary Barta said in a statement.
“Our first visit to the Valley of the Sun was a very successful one and included another outstanding turnout by fans of the Hawkeyes who helped the Insight Bowl set a new attendance record. With respect to the financial report, credit goes to our staff and coaches for successfully managing the trip well within the budget provided.”