Big 12 Conference Distributing $198M to 10 teams

By: Associated Press
By: Associated Press

IRVING, Texas - Big 12 schools are getting a nice payday.

Commissioner Bob Bowlsby said Friday that the conference will distribute $198 million to its 10 schools, a bump from $183 million the previous year.

Bowlsby said at the end of the league's meetings that amount will grow in the future when a new television contract goes into effect, plus money from Sugar Bowl matchups against a top SEC team.

The eight continuing members of the Big 12 will get about $22 million each. Newcomers TCU and West Virginia will get half-shares for 2012-13, about $11 million each from their first year in the Big 12. Their percentage will increase in future years.

The revenue doesn't include third-tier broadcast rights, such as Texas' agreement with ESPN for the Longhorn Network.


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