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  1. #1

    Default B1G 2018 Revenue was almost $759 Million

    https://www.usatoday.com/story/sport...18/3686089002/

    The Big Ten Conference has established a new benchmark in the how-high-is-up world of college sports finance: It recorded nearly $759 million in revenue during its 2018 fiscal year.

    The figure, which far exceeds any comparable annual figure for a college sports conference, was revealed in a new federal tax return that the conference provided Wednesday in response to a request from USA TODAY. It is a year-over-year revenue increase of 48 percent, with the conference reaching $512.9 million in fiscal 2017.

    The return also showed that commissioner Jim Delany was credited was just over $5.5 million in total compensation for the 2017 calendar year. That, too, is a single-year record for a conference.

    The revenue total was driven by new TV agreements that took effect at the start of the 2017-18 school year and resulted in payments of roughly $54 million to each of the 14-team conference’s 12 longest-standing members. Maryland and Rutgers received smaller revenue-share amounts, but both schools also received loans from the conference against future revenue shares.
    The Big Ten’s new basic per-school share means that those programs received more money from one revenue source than the vast majority of Division I athletics departments had in total. More than 170 of the 213 public-school athletics programs outside the Big Ten reported less than $54 million in operating revenue for fiscal 2017, the most recent year for which figures have been compiled by USA TODAY, in partnership with Syracuse University’s S.I. Newhouse School of Public Communications.


  2. #2

    Default

    Do we know how the WBB program did at the U? I assume that they lost less money than the previous two seasons given the increase in attendance.

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