The Big Ten continues to roll in gigantic piles of money. Details on the Big Ten revenue distribution for the past year were uncovered from a budget spreadsheet from the Michigan Board of Regents, in which it was revealed Michigan received a revenue distribution of $51 million from the Big Ten for the past fiscal year.
It is currently projected the Big Ten distributions will rise to $52 million for the next year, according to Detroit News reporter Angelique Chengelis (via Twitter).
That’s a nice payday for all parties involved and was to be expected given the recent changes to the Big Ten media partnerships. Last year, the Big Ten began making regular season games available to FOX in addition to its current partnership with ESPN and, of course, the Big Ten Network. That expansion of the media deal appears to have paid off for the Big Ten and should continue to fuel the revenue allotment for the next year as the deals with FOX and ESPN continue. The Big Ten’s revenue distribution the previous year was $36.3 million.
The Big Ten revenue distribution of $51.1 million eclipses the average $41 million distributions received by SEC members. It also continues to pace well ahead of the other power conferences; Big 12 members received $36.5 million, ACC members received between $25.3 million and $30.7 million, and Pac-12 schools received $30.9 million. For the sake of comparison, the American Athletic Conference recorded a total conference revenue of $74.47 million for the past year.
It’s good to be in a power conference. It’s even better to be in the Big Ten and the SEC, apparently.
UPDATE: As a reminder, Maryland and Rutgers will not receive a full revenue distribution until the 2020-2021 year. Nebraska was eligible for a full distribution for the first time as a Big Ten member, however.