The Big 12 Board of Directors agreed by unanimous vote (minus Missouri) last week to grant the first and second-tier television rights to the conference, effectively employing am equal payout policy.
But now that TCU will become the 10th member of the Big 12, the question becomes how the Horned Frogs will be incorporated into that policy.
Stefan Stevenson of the Fort Worth Star-Telegram writes that TCU will “gradually slide into the conference’s revenue-sharing structure over the next four years. TCU will earn 50 percent of the normal $17 million payout in the 2012-13 academic year, 67 percent in 2013-14, 84 percent in 2014-15, and 100 percent in 2015-16.”
The grant of television rights is effective for six years. Interim Big 12 commissioner Chuck Neinas has already made the Big 12 appear more stable — at least from the outside looking in — over the past couple weeks than it has been over the past year, but this is still a conference that nearly collapsed for two straight years.
At any rate, TCU appears nothing short of thrilled to be a part of the Big 12, so moving the Frogs in gradually into the revenue sharing stream doesn’t look to be a problem.