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TFD: Big Ten schools to get nearly $2 million more from conference next season

Posted by: Michael Rand under Gophers Updated: May 21, 2012 - 5:46 PM

Per a report in the St. Louis Post-Dispatch:

Each Big Ten school will receive a record of approximately $24.6 million in shared revenue from the conference this year, according to figures provided by the Illinois athletic department. The projected payout is based on budget estimates and is expected to include $7.2 million from the Big Ten Network, a drop from last year's $7.9 million. However, contracts with ESPN/ABC and CBS will result in $10 million per school, which is a 22 percent increase over last year. Nebraska, which is completing its first year in the Big Ten, does not receive a full share of revenue yet. The Big Ten paid its 11 members close to $22.8 million last year.

So that's a $1.8 million jump per school, which certainly can't hurt the Gophers' bottom line.

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