- Thread starter
- #1
HuskerinBig10
Dad, World Traveler, Investor, college football
In 2013, Nebraska was paid $15,000,000 by the B1G. New teams to the Big 12 TCU and West Virginia were paid $11,000,000. The other eight members of the Big 12 were paid $22,000,000 each. That $22,000,000 is about the ceiling for the Big 12 payouts for the next 11 years.
Nebraska is still on the short end of athletic money, but still turns a profit. Remember, that is just the B1G Athletic money. Something like only 22 Athletic Departments turn a profit and some of those 22 are actually getting subsidies from their state taxpayers to help turn a profit.
When you throw in the CIC benefits/money, Nebraska's net surpassed the $22,000,000 payout from the Big 12.
The new TV contract will be negotiated in 2015 with estimates that the conference will get around $600,000,000 per year to $700,000,000 per year. It is possible that the correct two more schools could pop the number higher.
I pointed this out before, the University of Chicago(member of the CIC) brought in almost the same amount of federal research dollars as the University of Texas, a little over $300,000,000. Texas also has other richer funding sources from private industry.
The last numbers I saw for the CIC, including Rutgers and Maryland(members since July 1, 2013) the CIC dollars were near $6,000,000,000. Yes, BILLION. Michigan gets the lion's share, near $1,000,000,000.
Out of the Top 20 R&D schools, five are from the B1G, four from the PAC 12, ZERO from the Big 12, ZERO from the SEC, two from the ACC. (BTW, Nebraska is not one of the five)
The economic move to the B1G is obvious, it was SMART. Now, can the athletic move to the B1G prove to be smart? I think so.
In 2015, Nebraska will be a national championship contender in football. I will add one caveat, if Randy Gregory leaves after this season(probably) then the chances will go down unless there is some other player that is nearly as good as Randy Gregory. Right now, there isn't anyone else like Randy Gregory on the team and no one is even close.
Nebraska is still on the short end of athletic money, but still turns a profit. Remember, that is just the B1G Athletic money. Something like only 22 Athletic Departments turn a profit and some of those 22 are actually getting subsidies from their state taxpayers to help turn a profit.
When you throw in the CIC benefits/money, Nebraska's net surpassed the $22,000,000 payout from the Big 12.
The new TV contract will be negotiated in 2015 with estimates that the conference will get around $600,000,000 per year to $700,000,000 per year. It is possible that the correct two more schools could pop the number higher.
I pointed this out before, the University of Chicago(member of the CIC) brought in almost the same amount of federal research dollars as the University of Texas, a little over $300,000,000. Texas also has other richer funding sources from private industry.
The last numbers I saw for the CIC, including Rutgers and Maryland(members since July 1, 2013) the CIC dollars were near $6,000,000,000. Yes, BILLION. Michigan gets the lion's share, near $1,000,000,000.
Out of the Top 20 R&D schools, five are from the B1G, four from the PAC 12, ZERO from the Big 12, ZERO from the SEC, two from the ACC. (BTW, Nebraska is not one of the five)
The economic move to the B1G is obvious, it was SMART. Now, can the athletic move to the B1G prove to be smart? I think so.
In 2015, Nebraska will be a national championship contender in football. I will add one caveat, if Randy Gregory leaves after this season(probably) then the chances will go down unless there is some other player that is nearly as good as Randy Gregory. Right now, there isn't anyone else like Randy Gregory on the team and no one is even close.