SBD/April 28, 2014/Colleges

Big Ten Schools Expecting Financial Windfall Following New Television Contract

Current member schools of the Big Ten are expected to receive $44.5M
Negotiations for the next Big Ten television contract have yet to begin, but the league is already "projecting revenue for the 2017-18 academic year -- the first year of the new deal," according to Mike Carmin of the Lafayette JOURNAL & COURIER. A Purdue Univ. document shows that the current 12 member schools "are projected to receive" $44.5M each through the league's distribution plan. Big Ten Deputy Commissioner & Treasurer Brad Traviolia noted that that is the "first year Nebraska becomes fully financially integrated into the conference." Rutgers and Maryland will join the Big Ten this summer and will "start receiving full revenue shares beginning in the 2020-21 school year." Purdue AD Morgan Burke said that the new TV contract is "expected to include more night football games." He added that the league will "implement a nine-game schedule" starting in '16. Carmin reported by June 30, 11 schools -- excluding Nebraska -- are "expected to receive" around $27M each from "television agreements, NCAA distributions, bowls and the league's football championship game and the men's basketball tournament." Future projections are $30.9M in '14-15, $34.1M in '15-16 and $35.5M in '16-17 for all school except Nebraska. The biggest revenue increase "before the new television contract begins comes from bowl games, including the College Football Playoff (Lafayette JOURNAL & COURIER, 4/27).
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