Arkansas' Athletic Budget Exceeds $100M Tax Return Shows NCAA's Highest Paid Execs Ray Anderson Transforms Arizona State Athletics Renderings Show Glass Walls For Carrier Dome Ohio State AD Smith Talks Myriad Issues Wisconsin Football Gets 95% Ticket Renewal Rate Michigan Projects $1M Surplus For '17 Rutgers' Pat Hobbs Develops Strategic Plan Colorado Approves Contract Extension For AD George Nebraska's Eichorst Gets Mostly Favorable Review
SBD/June 3, 2013/Colleges
Big 12 Sees Record Revenue Of $198M, With $22M Shares For Most Member Schools
Published June 3, 2013
BACK FROM THE BRINK: In Ft. Worth, Jimmy Burch wrote Big 12 officials “oversaw a conference that teetered on the brink of collapse in the summers of 2010 and 2011,” but spent Friday “reveling in” the revenue distributions. The total was a $15M "increase from last year.” The $11M half share “represents a significant jump in revenues” for TCU and WVU. Bowlsby said, “I think our league is rock-solid and we have done everything we can, in the near term and in the long term, to keep this group of 10 schools together in perpetuity.” Burch noted the Univ. of Texas also will receive another $15M in revenues "this year from its Longhorn Network deal with ESPN,” money that is “not part of league-wide distributions.” UT President Bill Powers said, “We’re happy with our equal share. A rising tide helps everyone. I think there’s a real sense that realignment is behind us.” WVU AD Oliver Luck said, “The Big 12 money is certainly bigger than it was (in the Big East). Even half a share is much more than our previous conference.” UT men’s AD DeLoss Dodds said of Bowlsby, “He’s a calming effect on the conference. He is absolutely the answer to what we needed” (FT. WORTH STAR-TELEGRAM, 6/1). In San Antonio, Tim Griffin reported Dodds was "struck by the sense of unity and purpose that exists among conference members today compared to years past." Dodds: "In recent years, I've never seen it better. The room is good. Friendly. Good camaraderie. People are pulling for each other. It's good." Powers: "I think it's a testament to that June (2010) meeting in Kansas City, where it would have been easy for the ADs and presidents and the Big 12 to panic. We just sat down and went around the table and said who's in and out" (SAN ANTONIO EXPRESS-NEWS, 6/1).
LAST ROUND-UP? In Houston, Mike Finger profiles Dodds, noting how long the UT AD remains in his position is "yet to be determined." Dodds' $700,000 annual contract runs through '15, and he will receive a $1M annuity "if he is employed by the school at the end" of August '14. But "another poor year by his biggest teams -- including the basketball and baseball squads that missed their respective NCAA tournaments this season -- could put his future in peril." Powers, who "also faces an uncertain future," on Friday "reiterated his support for Dodds." Powers: "The programs are good. ... There will always be ups and downs, wins and losses. I'm looking forward to next season" (HOUSTON CHRONICLE, 6/3).