The Big 12 will distribute $470 million in revenue, a record amount, Big 12 commissioner Brett Yormark announced on Friday.
The 10 original members will see some dilution since last year due to the addition of the four new schools of UCF, BYU, Houston and Cincinnati. “We went with stability as a conference and we felt it was investing in all the right ways for all the right reasons,” said Big 12 commissioner Brett Yormark.
Meantime, the newcomers of Houston, Cincinnati, BYU and UCF will each received $18 million this year and are scheduled to receive $19 million next year, before being fully vested the following year (2025-26). That would leave the original 10 members splitting $398 million, coming out to nearly $40 million per school.
Last year, the Big 12 distributed $440 million to its 10 schools, which ranked the per-school distribution third among the power conferences, behind the Big Ten and SEC.
The revenue is a combination of media rights collected from ESPN and Fox, along with bowl games, the College Football Playoff and the NCAA Tournament.
Texas and Oklahoma will become SEC members in the next school year, while the Big 12 gets set to welcome in the Four Corner schools this summer in Arizona, Arizona State, Colorado and Utah. All Big 12 schools will receive full shares from the conference starting in 2025-26, a figure that is expected to be around $50 million per school, according to CBSSports.com.
