IRVING (AP) – Big 12 Conference schools will share record revenue of just more than $220 million for the 2013-14 school year.
Commissioner Bob Bowlsby said Friday at the end of the league’s spring meetings that the eight continuing members of the Big 12 will get about $23 million each. Those schools are Baylor, Iowa State, Kansas, Kansas State, Oklahoma, Oklahoma State, Texas and Texas Tech. Second-year league members TCU and West Virginia, who will become fully vested Big 12 members in two years, will get about $14 million each.
The amount of distributable revenue, an increase from $198 million last year, was about $7.8 million more than expected. That $7.8 million will go into a reserve fund that could be used for legal or unforeseen expenses.
(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Dallas Police Searching For Suspect In Double Murder
- Cowboys Leap Over Bears, Win 31-17
- Golfing Legend Arnold Palmer Dies At 87
- Rangers Can’t Complete Sweep, Fall To A’s 7-1
- ‘Magnificent Seven’ Rides To Strong $35M Debut At Box Office
- PHOTOS: Your Pet Pictures