The Big 12 will distribute a record $42.6 million to each of its members for the 2021-22 school year.
The conference’s previous two years of distributions to member schools were
hurt by the pandemic. Last year, schools received $34.5 million; in 2020, that
figure was $37.7 million. Big 12 distribution figures don’t include third-tier
media right that are controlled by the schools
The revenue primarily comes from television contracts, postseason football and basketball and championship games.
About half of the league's TV value comes from Texas and Oklahoma, which have announced that they are leaving the conference for the SEC.
The Sooners and Longhorns could remain in the conference through the end of the Big 12’s current TV deals with ESPN and Fox at the 2024-25 school year.
That would make the Big 12 a 14-team league for two years, beginning in 2023-24 with the addition of BYU, Houston, Central Florida and Cincinnati.
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