The Big Ten, the SEC are the highest conferences in income with an athlete pay plan on the horizon

The Big Ten held a slight edge over the SEC in income for the second yr in a row and the ACC additionally positioned a distant third among the many 5 main faculty sports activities conferences, in keeping with tax filings launched this week.

The 5 leagues mixed to generate $3.55 billion within the 2022-23 fiscal yr, with the Big Ten reporting income of $879.9 million in comparison with $852.6 million for the SEC. The ACC noticed essentially the most important enhance, from $617 million in 2021-22 to $707 million.

The Pac-12, which is able to see 10 of its 12 members break up into different conferences in 2024-25, made $603.9 million. The Big 12 was fifth at $510.7 million.

The particulars had been revealed this week when all 5 conferences and the NCAA agreed to pay a complete of $2.8 billion to settle antitrust lawsuits which might be anticipated to result in the creation of the primary revenue-sharing program there. faculties can pay their athletes immediately for the primary time.

The Big Ten and the SEC have emerged as main conferences after a wave of realignments that led to varsities leaving one league for the opposite two years in the past. The dramatic enchancment from that was the demise of the Pac-12, however the incomes energy of the Big Ten and the SEC can be a significant improvement, feeding angst and concern among the many remainder of the conferences.

SCHOOL FEES

Twelve of the Big Ten’s 14 faculties every obtained about $60.5 million from the convention, with 2014 additions Maryland and Rutgers receiving about $58.8 million every.

The SEC distributed $51 million to every faculty. Each ACC faculty obtained between $43.3 and $46.9 million; Notre Dame, unbiased in soccer, obtained $22.1 million.

The 12 largest faculties obtained distributions starting from $43.8 million to $48.2 million. The Pac-12 distributed about $33.6 million to every of its members, down from $36 million final yr.

COMMISSIONER’S AWARD

Jim Delany, who’s stepping down as Big Ten commissioner in 2020, obtained a $3 million retirement bundle and one other $2.8 million in deferred pay. Kevin Warren, who changed Delany who left in April 2023, was paid $3.7 million.

SEC Commissioner Greg Sankey was paid roughly $3.6 million

The ACC paid Jim Phillips an estimated $2.8 million in his first yr as commissioner.

The Pac-12 paid former Commissioner George Kliavkoff $3.98 million. Larry Scott, Kliavkoff’s predecessor, was paid $2.28 million, together with $1.5 million in a severance settlement. The Pac-12 collected $6.7 million in authorized charges, practically 3 times as a lot as another convention.

Bob Bowlsby, the previous Big 12 commissioner, was paid $17.2 million in his final yr. That consists of $12.3 million within the three years remaining on his contract and $2.6 million in deferred compensation. Brent Yormark earned $1.2 million in his first yr as Bowlsby’s alternative,

The 4 fiscal years of the Power 5 convention ended on June 30, 2023; SECs ended Aug. 31, 2023.

It is reported by the Associated Press.