Joe Fan
10,000+ Posts
Yep, was correct. Add $15 mil for Texas according to the article.
Right, I meant to add that quote but forgot, thanks
".... And when it comes to the Big 12, that doesn’t include the Tier 3 media rights (local rights) that add at least $1 million per school, but add $15 million to the bottom line for the Texas Longhorns (The Longhorn Network). Even Kansas State reportedly earns $4+ million from Tier Three rights, with West Virginia up to nearly $6 million.
But as for the Pac-12, the conference owns the Tier Three rights, so that income is included in the reported distribution figure.
Also, when you figure the Pac-12 made $509 in revenues, but distributed $371 million, that’s a wild $138 million in expenses, which includes the fortune of operating the Pac-12 Network. As the Seattle Times points out, the Pac-12 Networks, which show 850 live events annually across seven feeds, is costing the conference a fortune. And it’s distribution has been suspect, at best....."
But as for the Pac-12, the conference owns the Tier Three rights, so that income is included in the reported distribution figure.
Also, when you figure the Pac-12 made $509 in revenues, but distributed $371 million, that’s a wild $138 million in expenses, which includes the fortune of operating the Pac-12 Network. As the Seattle Times points out, the Pac-12 Networks, which show 850 live events annually across seven feeds, is costing the conference a fortune. And it’s distribution has been suspect, at best....."