Big Ten schools are reportedly set to make more than $40 million in 2017-18, that according to information provided to the Lafayette (Ind.) Journal-Courier. The document, obtained by the newspaper through an open records request to Purdue University, states 12 of the 14 schools in the conference are projected to receive close to $44.5 million in 2017-18.
Maryland and Rutgers, who will join the Big Ten in July, are not eligible to receive their share of the league distribution until six years after the 2014-15 academic year per a distribution agreement with the Big Ten. It’s the same sort of deal Nebraska agreed to when it joined the league in 2011.
It’s no secret that conference officials will be in negotiations for a new television contract as the current deal is set to expire in 2016. It’s safe to assume the new deal would be much larger due to the additions of Maryland and Rutgers, who were added to the league essentially for their television markets.
The Big Ten's deal is with ABC/ESPN as well as its own network, the Big Ten Network.
According to the Journal-Courier report, 11 of the Big Ten schools will receive close to $27 million by June 30 as part of their league distribution plan. That plan includes money raised from the current television deal, bowl distribution, NCAA distributions, the league’s new football championship game and the men’s basketball tournament.
Officials project revenue for the league to increase each season growing from a possible $27 million this season to $30.9 million in 2014-15; $34.1 million in 2015-16 and $35.5 million in 2016-17 for all the schools minus Nebraska.
I’m sure these numbers would be interesting fuel to the fire for the talk of unionization.
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