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2023-24 Gross Revenue Totals for the P5 Conferences (Totals and Averages)
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JRsec Offline
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Post: #1
2023-24 Gross Revenue Totals for the P5 Conferences (Totals and Averages)
SEC:

3. Alabama: $243,096,720
5. Georgia: $241,843,474
7. Texas A&M: $231,773,287
10. Louisiana State: 220,281,227
13. Tennessee: $204,906,178
15. Kentucky: $193,967,575
16. Auburn: $193,417,486
20. South Carolina: $183,652,273
22. Florida: $180,556,616
26. Arkansas: $170,608,754
32. Missouri: $157,734,870
40. Mississippi: $145,401,658
43. Vanderbilt: $140,707,218
56. Mississippi State: $125,114,437
Total Revenue: $2,633,061,683
Avg per School: $188,075,834.50


Big Ten:

2. Ohio State: $262,172,467
8. Michigan: $221,371,145
9. Penn State: $220,283,390
12. Nebraska: $211,778,141
19. Wisconsin: $183,762,847
23. Iowa: $173,213,951
30. Indiana: $164,249,955
31. Michigan State: $164,109,919
34. Rutgers: $155,852,426
36. Illinois: $149,390,875
42. Minnesota: $144,816,418
48. Purdue: $134,863,232
51. Maryland: $132,764,504
57. Northwestern: $124,080,838
Total Revenue: $2,442,709,380
Avg per School: $174,479,241.43


PAC 12:

4. Southern California: $242,378,198
14. Stanford: $199,603,664
18. Washington: $187,686,516
25. U.C.L.A.: $170,897,220
35. Oregon: $150,908,401
38. Colorado: $146,567,503
39. California: $146,563,317
45. Arizona: $138,959,027
55. Arizona State: $126,892,086
58. Oregon State: $120,225,018
60. Utah: $111,749,094
72. Washington State: $89,041,553
Total Revenue: $1,831,471,597
Avg per School: $152,622,633.08


ACC:

21. Miami: $182,459,468
24. Clemson: $171,016,070
27. Florida State: $169,896,350
28. Duke: $166,864,316
29. Louisville: $165,168,798
33. North Carolina: $157,614,732
44. Virginia Tech: $139,458,791
46. Pittsburgh: $138,637,236
47. Boston College: $136,563,473
49. Virginia: $134,608,065
50. N.C. State: $133,227,278
54. Georgia Tech: $128,210,764
61. Syracuse: $111,504,051
64. Wake Forest: 102,342,890
Total Revenue: $2,037,572,282
Avg Per School: $145,540,877.29

6. *Notre Dame: $234,746,127


Big 12:

1. Texas: $320,312,665
11. Kansas: $215,031,889
17. Oklahoma: $188,933,196
37. Baylor: $148,063,513
41. T.C.U.: $141,889,741
52. Oklahoma State: $131,559,155
53. Brigham Young: $129,891,998
59. Texas Tech: $115,268,119
62. Kansas State: $106,312,406
63. West Virginia: $106,013,297
65. Iowa State: $100,543,747
67. Houston: $98,914,486
69. Central Florida: $93,417,587
71. Cincinnati: $89,597,392
Total Revenue: $1,985,749,191
Avg per School: $141,839,227.93


Other Schools Whose Revenue Fell Within the Bounds of the P5:
66. S.M.U.: $99,506,414 (now with the ACC)
68. South Florida: $95,425,212
70. Connecticut: $91,800,871
(This post was last modified: 06-02-2025 10:30 AM by JRsec.)
06-01-2025 05:03 PM
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JRsec Offline
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RE: 2023-24 Gross Revenue Totals for the P5 Conferences (Totals and Averages)
(06-01-2025 05:03 PM)JRsec Wrote:  SEC:

3. Alabama: $243,096,720
5. Georgia: $241,843,474
7. Texas A&M: $231,773,287
10. Louisiana State: 220,281,227
13. Tennessee: $204,906,178
15. Kentucky: $193,967,575
16. Auburn: $193,417,486
20. South Carolina: $183,652,273
22. Florida: $180,556,616
26. Arkansas: $170,608,754
32. Missouri: $157,734,870
40. Mississippi: $145,401,658
43. Vanderbilt: $140,707,218
56. Mississippi State: $125,114,437
Total Revenue: $2,633,061,683
Avg per School: $188,075,834.50


Big Ten:

2. Ohio State: $262,172,467
8. Michigan: $221,371,145
9. Penn State: $220,283,390
12. Nebraska: $211,778,141
19. Wisconsin: $183,762,847
23. Iowa: $173,213,951
30. Indiana: $164,249,955
31. Michigan State: $164,109,919
34. Rutgers: $155,852,426
36. Illinois: $149,390,875
42. Minnesota: $144,816,418
48. Purdue: $134,863,232
51. Maryland: $132,764,504
57. Northwestern: $124,080,838
Total Revenue: $2,442,709,380
Avg per School: $174,479,241.43


PAC 12:

4. Southern California: $242,378,198
14. Stanford: $199,603,664
18. Washington: $187,686,516
25. U.C.L.A.: $170,897,220
35. Oregon: $150,908,401
38. Colorado: $146,567,503
39. California: $146,563,317
45. Arizona: $138,959,027
55. Arizona State: $126,892,086
58. Oregon State: $120,225,018
60. Utah: $111,749,094
72. Washington State: $89,041,553
Total Revenue: $1,831,471,597
Avg per School: $152,622,633.08


ACC:

21. Miami: $182,459,468
24. Clemson: $171,016,070
27. Florida State: $169,896,350
28. Duke: $166,864,316
29. Louisville: $165,168,798
33. North Carolina: $157,614,732
44. Virginia Tech: $139,458,791
46. Pittsburgh: $138,637,236
47. Boston College: $136,563,473
49. Virginia: $134,608,065
50. N.C. State: $133,227,278
54. Georgia Tech: $128,210,764
61. Syracuse: $111,504,051
64. Wake Forest: 102,342,890
Total Revenue: $2,037,572,282
Avg Per School: $145,540,877.29

6. *Notre Dame: $234,746,127


Big 12:

1. Texas: $320,312,665
11. Kansas: $215,031,889
17. Oklahoma: $188,933,196
37. Baylor: $148,063,513
41. T.C.U.: $141,889,741
52. Oklahoma State: $131,559,155
53. Brigham Young: $129,891,998
59. Texas Tech: $115,268,119
62. Kansas State: $106,312,406
63. West Virginia: $106,013,297
65. Iowa State: $100,543,747
67. Houston: $98,914,486
69. Central Florida: $93,417,587
71. Cincinnati: $89,597,392
Total Revenue: $1,985,749,191
Avg per School: $141,839,227.93


Other Schools Whose Revenue Fell Within the Bounds of the P5:
66. S.M.U.: $99,506,414 (now with the ACC)
68. South Florida: $95,425,212
70. Connecticut: $91,800,871

Now let's do some additions and subtractions to reflect the moves that have happened since these revenues were earned.

The SEC with 14 schools will add Texas and Oklahoma. 509,245,861 + 2,633,061,683 = $3,142,307,544 in revenue for a 16 school SEC.

The Big 12 with 14 schools had 1,985,749,191 - 509,245,861 = $1,476,503,330
But the Big 12 added 4 PAC 12 schools worth 524,167,710 + 1,476,503,330 = $2,000,671,040 for their new 16 member Big 12. The loss of Texas and Oklahoma's value is covered by the 4 corners.

Meanwhile the Big 10 takes 4 schools from the PAC 12 too. Now add 751,870,335 to 2,442,709,380 = $3,194,579,715 in total revenue with 18 schools. Their move essentially matches new revenue of the SEC with 16.

Are you guys catching what's going on here? The SEC added total revenue with 2 schools that took them to 3.142 billion. The Big 10 added total revenue with 4 schools that took them to 3.194 billion, but with 18 schools instead of 16.

Meanwhile the ACC added 3 schools (2 from the PAC 12 and SMU) which adds 445,673,395 dollars in revenue to 2,037,572,282 which takes them to $2,483,245,677 in total revenue. That's for 17 schools as full members. But they are aware they could lose, 340,912,420 in revenue should FSU and Clemson leave. But that leaves almost enough to also cover the movement of North Carolina and leave them roughly the same generated revenue. But covers a move by N.C. State even better.

It seems to me the networks are merely trying to keep the SEC and Big 10 essentially equal in capacity to generate revenue and trying to keep the Big 12 and ACC also roughly equal in their ability to generate revenue.

But let's say that Clemson and FSU wind up in the SEC. That move is not enough to force a Big 10 response as it would only leave the SEC with about 150 million advantage in total revenue production with each standing at 18 members. ESPN could decide to hold more value in the ACC by keeping Clemson, enhance FSU's value in the SEC and pick up fully a product they have secured T3 with in the past, Kansas. It will be worth watching to see how ESPN plays the next moves.

Now you can see how interesting the math can be in a set of seemingly random numbers and why when you look at the conference whole as it relates to their media contract you can see how the networks protect their investments when parts start moving.

Just some food for thought.
(This post was last modified: 06-02-2025 10:56 AM by JRsec.)
06-01-2025 11:36 PM
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murrdcu Offline
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RE: 2023-24 Gross Revenue Totals for the P5 Conferences (Totals and Averages)
I’m still impressed with Stanford and Kansas’ revenues. They truly don’t need football success to support their efforts.
06-02-2025 06:05 AM
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AllTideUp Offline
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RE: 2023-24 Gross Revenue Totals for the P5 Conferences (Totals and Averages)
So here's an interesting stat line:

Combined stats of Kansas and Colorado = $361,599,392

Combined stats of Florida State and Clemson = $340,912,420

For the Big 12 and ACC, losing these schools would be a very similar drop in overall value.

If there is a plan to keep the ACC and Big 12 roughly equal then this would actually help achieve that goal.
06-02-2025 10:09 PM
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JRsec Offline
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RE: 2023-24 Gross Revenue Totals for the P5 Conferences (Totals and Averages)
(06-02-2025 10:09 PM)AllTideUp Wrote:  So, here's an interesting stat line:

Combined stats of Kansas and Colorado = $361,599,392

Combined stats of Florida State and Clemson = $340,912,420

For the Big 12 and ACC, losing these schools would be a very similar drop in overall value.

If there is a plan to keep the ACC and Big 12 roughly equal then this would actually help achieve that goal.

So are you suggesting that the SEC add all 4?

Hmm, let's see:

Colorado, Kansas, Oklahoma, Missouri, Texas

Arkansas, Louisiana State, Mississippi, Mississippi State, Texas A&M

Alabama, Auburn, Florida State, Tennessee, Vanderbilt

Clemson, Florida, Georgia, Kentucky, South Carolina

That would be fairly well balanced.



The problem would be who the Big 10 would want to get to 20. They need one in the Pacific, and either one in the Plains, or one to the East. Stanford is pretty obvious for the West, maybe an Arizona school. Who to the East? Miami?

If so then which two do the ACC go two to catch up? USF is only worth 95 million. UConn 91 million. Add West Virginia and it would make geographical sense and Cal could head to the Big 12 and it would be about even again.
(This post was last modified: 06-02-2025 10:32 PM by JRsec.)
06-02-2025 10:14 PM
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