Big Ten member schools expected to receive record payout in 2013
[dropcap]L[/dropcap]ed by another big windfall from the Big Ten Network, conference members are expected to receive a record $25.7 million payout from the league this year.
This year’s Big Ten payday will be up more than $1 million from last year’s $24.6 million, according to a St. Louis Post-Dispatch report based on figures obtained from the University of Illinois.
As part of that total, each school is set to receive a whopping $19 million in television revenue, including $10.9 million apiece from the league’s ESPN/ABC deal.
The Big Ten Network is expected to contribute $7.6 million of that, but Illinois says the amount coming from the BTN this year is not yet clear. Last year each school received $6.6 million from the BTN.
Revenue from the BTN has increased 57 percent from its first year on the air through the end of 2012.
The 2013 figures are based on budgeted projections by the university. Last year’s distribution from the league matched the projection, according to the Post-Dispatch report.
The league has a balanced revenue sharing system, so the annual payout figures are fairly consistent throughout the conference.
The Big Ten continues to distribute more revenue than any conference in the country, but that could soon change with last week’s announcement of the SEC Network’s August 2014 launch.
The SEC Network is expected to generate more than $30 million for each school once the network is running.