BIG 12 REVENUE

[Mike]

Why do these sports articles keep saying that the Big 12 is behind the BIG and the SEC in revenue?? The way I read it the Big 12 teams are getting more money then the SEC teams. Can someone enlighten me on what I'm missing??

This should be for their third tier media rights also? Please correct me, and explain to me what I'm missing here.

The Southeastern Conference will distribute $436.8 million out of an NCAA-record $455.8 million in revenues between its 14 institutions, it was announced Friday.

Each league member will receive $31.2 million -- an increase of more than $10 million per school from last year's payout of $20.9 million per school.

SEC revenues balloon to NCAA-record $455.8M




Along with the championship game announcement, the Conference also announced its generated revenue for member distribution for fiscal year 2015-16, with each member institution slated to receive $30.4 million, an increase of 20 percent over the previous year. All 10 league members will receive a full share. In addition to distributed revenue from the Conference, Big 12 schools also retain revenue from third-tier media rights deals. Since 2012, distributed revenue has increase over $117 million.


This is only .8 million less then the SEC according to my WV mathematical calculations. That does not count the third tier media rights.



MORGANTOWN, W.Va. — A Monongalia County judge’s ruling will allow West Virginia University’s third-tier rights agreement with IMG College to continue, denying a motion for summary judgment by West Virginia Radio Corp.

The university has 11 years remaining on the $86.5 million, 12-year agreement enacted with IMG in the summer of 2013. Business Court Circuit Judge Thomas Evans validated the contract, which resulted from a second round of bidding last year after the state attorney general’s office nixed the first request for proposal process.

Judge allows IMG contract with WVU to stand


My WV educated math comes up with a little over 7.2 million for our third tier rights

My calculations are that WVU is getting 37.9 million which is 6.7 million more then the SEC getting 31.2 million. That is almost 20% more then the teams in the mighty SEC are getting.

 

[Mike]

After the championship game is added will that make it around 10 million a year more?

 

[WVUDAD]

Mike, I think when they quote the numbers, they are talking about the leagues total, not the per team payout. And from what I've read, the CCG is supposed to add $30m to the leagues take, so $3m per team. The money distribution in the leagues is a mystery for sure

 

[mad2mc]

Why do these sports articles keep saying that the Big 12 is behind the BIG and the SEC in revenue?? The way I read it the Big 12 teams are getting more money then the SEC teams. Can someone enlighten me on what I'm missing??...This should be for their third tier media rights also? Please correct me, and explain to me what I'm missing here...My WV educated math comes up with a little over 7.2 million for our third tier rights.

Did you take off both of your shoes? Let bbw get his researching cap on and he'll explain it to you. I'm waiting for 2017 to see if the Big 12 will be the hunter or the prey.

 

[Mike]

Mike, I think when they quote the numbers, they are talking about the leagues total, not the per team payout. And from what I've read, the CCG is supposed to add $30m to the leagues take, so $3m per team. The money distribution in the leagues is a mystery for sure

That would really be stupid, of course the grand total should be more for 14 teams then 10.

 

[Mike]

Did you take off both of your shoes? Let bbw get his researching cap on and he'll explain it to you. I'm waiting for 2017 to see if the Big 12 will be the hunter or the prey.

Yes Sir! Counted on all twelve toes and eleven fingers

 

[mad2mc]

Yes Sir! Counted on all twelve toes and eleven fingers

There you go.

 

[bbwvfan]

Did you take off both of your shoes? Let bbw get his researching cap on and he'll explain it to you. I'm waiting for 2017 to see if the Big 12 will be the hunter or the prey.

You sir... too kind!

The article referenced for the SEC was from 2015.

Can't find any articles on current SEC disbursement. This article was from earlier in the year...

Big 12 paid out $9.4 million less to schools than SEC in 2014-15

The Big 12’s average payout to its full-sharing members in 2014-15 was $23.3 million, which was $9.4 million less than what SEC schools received from their conference.

 

[DCWV4life]

Let’s start off with the big news of the week, the Big 12 announced they are distributing $304M to its ten members and both West Virginia and TCU completely bought in as full members. It may feel like it has been a while, since it is the fourth year, but keep in mind that both teams were making around $9 million prior to joining the Big 12, that’s only a 233% increase.

 

[Slaton10]

Let’s start off with the big news of the week, the Big 12 announced they are distributing $304M to its ten members and both West Virginia and TCU completely bought in as full members. It may feel like it has been a while, since it is the fourth year, but keep in mind that both teams were making around $9 million prior to joining the Big 12, that’s only a 233% increase.

 

[Slaton10]

That Oliver Luck Ruined EVERYTHING!!