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+---- Thread: Big 12 payout: $198M to 10 teams (/thread-635213.html)
Big 12 payout: $198M to 10 teams - Theodoresdaddy - 05-31-2013 11:48 PM
The Big 12 Conference has gone from the brink of collapse only a few short years ago to record revenue.
Big 12 Commissioner Bob Bowlsby said Friday that the league's 10 schools will share a record $198 million for the 2012-13 school year, an amount expected to increase significantly going forward.
The eight continuing members of the Big 12 - Baylor, Iowa State, Kansas, Kansas State, Oklahoma, Oklahoma State, Texas and Texas Tech - will get about $22 million each this time. Newcomers TCU and West Virginia will get half shares for 2012-13, about $11 million each from their first year in the Big 12.
"We like the amount of money that we're distributing on an institution by institution basis. There's a lot to like about our current circumstance,'' Bowlsby said at the end of the league's spring meetings "And I can understand some uneasiness, especially based on what has gone on the last couple of years. ... I think our league is rock-solid and we have done everything we can, in the near term and in the long term, to keep this group of 10 schools together in perpetuity. And I think we also have done that and maintained a full set of prerogatives should circumstances change in the future.''
Big 12 teams shared $183 million in revenue in 2011-12, the last year in the league for Texas A&M and Missouri before their departures to the Southeastern Conference.
TCU and West Virginia will get higher percentages each of the next two years before being fully-vested Big 12 members in 2015-16, by which time Bowlsby said the league's 10 teams should be getting about $30 million each from the conference. That could reach $40 million within another decade after that over the length of the Big 12's TV contract with ESPN and Fox Sports.
http://www.wvgazette.com/Sports/201305310197
RE: Big 12 payout: $198M to 10 teams - jdgaucho - 05-31-2013 11:58 PM
No reason to go past 10 members
RE: Big 12 payout: $198M to 10 teams - oliveandblue - 06-01-2013 12:24 AM
My only question is this: Are these schools worth the insane amount of money that is in this TV contract?
RE: Big 12 payout: $198M to 10 teams - Vewb1 - 06-01-2013 06:12 AM
(06-01-2013 12:24 AM)oliveandblue Wrote: My only question is this: Are these schools worth the insane amount of money that is in this TV contract?
Good point. When ESPN, CBS and Fox Sports figure that out, the answer will be NO.
RE: Big 12 payout: $198M to 10 teams - Maize - 06-01-2013 06:27 AM
Texas & Oklahoma are...that is all that matter...plus it kept them off the open market so NBC Sports could not bid on them.
RE: Big 12 payout: $198M to 10 teams - ClairtonPanther - 06-01-2013 09:12 AM
(06-01-2013 06:12 AM)Vewb1 Wrote:(06-01-2013 12:24 AM)oliveandblue Wrote: My only question is this: Are these schools worth the insane amount of money that is in this TV contract?
Good point. When ESPN, CBS and Fox Sports figure that out, the answer will be NO.
Wrong. If the Big XII wasn't worth that money they wouldn't be paid that money. And if those 3 networks wouldn't have ponied up the money, the NBC or TNT would have.
RE: Big 12 payout: $198M to 10 teams - quo vadis - 06-01-2013 09:20 AM
How many new threads have to be started with this same information?
RE: Big 12 payout: $198M to 10 teams - XLance - 06-01-2013 09:27 AM
(06-01-2013 09:20 AM)quo vadis Wrote: How many new threads have to be started with this same information?
It's going to be a long 10 years.
RE: Big 12 payout: $198M to 10 teams - bitcruncher - 06-01-2013 09:45 AM
(06-01-2013 09:27 AM)XLance Wrote:It will be even longer for those on the outside looking in...(06-01-2013 09:20 AM)quo vadis Wrote: How many new threads have to be started with this same information?It's going to be a long 10 years.
RE: Big 12 payout: $198M to 10 teams - CardFan1 - 06-01-2013 10:10 AM
Nice Payday Bit! Kick Ass this Year.
RE: Big 12 payout: $198M to 10 teams - bitcruncher - 06-01-2013 10:16 AM
(06-01-2013 10:10 AM)CardFan1 Wrote: Nice Payday Bit! Kick Ass this Year.That's the plan. How well it works out remains to be seen...
RE: Big 12 payout: $198M to 10 teams - XLance - 06-01-2013 10:23 AM
(06-01-2013 09:45 AM)bitcruncher Wrote:(06-01-2013 09:27 AM)XLance Wrote:It will be even longer for those on the outside looking in...(06-01-2013 09:20 AM)quo vadis Wrote: How many new threads have to be started with this same information?It's going to be a long 10 years.
Agreed!
RE: Big 12 payout: $198M to 10 teams - quo vadis - 06-01-2013 10:52 AM
(06-01-2013 09:45 AM)bitcruncher Wrote:(06-01-2013 09:27 AM)XLance Wrote:It will be even longer for those on the outside looking in...(06-01-2013 09:20 AM)quo vadis Wrote: How many new threads have to be started with this same information?It's going to be a long 10 years.
I do not mind payout info being posted but this Big 12 info had already been posted at least twice previously. Pointless to do it again.