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usatoday ....
Posted on: July 21, 2016 at 11:42:12 CT
tmcats KSU
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With the addition of Maryland and Rutgers in July 2014, the Big Ten Conference began seriously flexing its financial strength, the conference’s new federal tax return shows.
The conference had $448.8 million in total revenue during a fiscal year ending June 30, 2015 — a figure that represents a nearly $110 million increase over what it pulled in during its 2014 fiscal year.
As a result, the conference distributed roughly $32.4 million to each of its longest-standing 11 members, amounts that put those schools on par with amounts the Southeastern Conference distributed to each of its 14 member schools from conference revenue that totaled $527.4 million.
The conference had $448.8 million in total revenue during a fiscal year ending June 30, 2015 — a figure that represents a nearly $110 million increase over what it pulled in during its 2014 fiscal year.
As a result, the conference distributed roughly $32.4 million to each of its longest-standing 11 members, amounts that put those schools on par with amounts the Southeastern Conference distributed to each of its 14 member schools from conference revenue that totaled $527.4 million.
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usatoday .... - tmcats KSU - 7/21 11:42:12