Big 12 revenue sharing evens up a bit
Source: Big 12 Football Blog - Jun 3, 2011 at 7:02 PM
Big 12 meetings in Kansas City concluded Friday, but the league voted to shell out a bit more money to to conference teams with lower revenue.
Around half (57 percent) of conference revenue had been distributed equally, but after this week, that number will jump to 76 percent.
The remaining 24 percent of television revenue is doled out according to each team's television appearances. The change passed via a unanimous vote.
From the Associated Press:
Around half (57 percent) of conference revenue had been distributed equally, but after this week, that number will jump to 76 percent.
The remaining 24 percent of television revenue is doled out according to each team's television appearances. The change passed via a unanimous vote.
From the Associated Press:
Commissioner Dan Beebe declined to speculate exactly how much this will mean to lower-revenue members such as Kansas, Baylor, Iowa State and Kansas State. But he agreed it will be "millions" given the new $1.17 billion football deal with Fox
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