From The Comeback and USA Today:
The “Power Five” leagues have 65 teams (including Notre Dame), 52 of which are public and under financial disclosure laws. Those 52 teams are among the 53 richest public athletic departments in college sports. The only team to infiltrate the Power Five revenue ranks is Connecticut, which comes in at No. 48 and was once itself a “power conference” team in the Big East.
The more money a team has, the more likely that team is to compete well on the field. Considering how they got to the top, the bottom three leagues in the Power Five might have reason to worry soon.
USA Today found that the SEC has begun distributing $40 million to each member school. Ten SEC teams make at least $100 million per year, and with the uptick in distributions this year, Missouri—currently at $91 million—could make it 11 soon. That’s a massive increase in revenue from just a decade ago. For instance, in 2005-06, Alabama athletics reported $67.7 million in total revenue. In 2014-15, that was more than doubled, up to $148.9 million.
The Big Ten is likely to be richer than the SEC in the near future thanks to the success of the Big Ten Network and massive TV deals from ESPN and FOX. Current projections have the Big Ten deal being worth $45 million per year per school, but the better-than-impressive numbers could send the conference distribution-only revenues north of $50 million per school. The University of Illinois was making just $50.7 million per year in total revenue a decade ago. Now it could get more than that just from the Big Ten, not counting its own marketing deals, ticket sales, merchandise sales, etc.
This is all great news for teams from the SEC and Big Ten, which, as non-profits that are incentivized both economically and legally to pretend they are broke, are spending like crazy. The University of Iowa, for instance, is funding a $90 million stadium renovationentirely with television revenue alone.
http://thecomeback.com/ncaa/big-ten-sec-power-two-acc-pac-12.html
The “Power Five” leagues have 65 teams (including Notre Dame), 52 of which are public and under financial disclosure laws. Those 52 teams are among the 53 richest public athletic departments in college sports. The only team to infiltrate the Power Five revenue ranks is Connecticut, which comes in at No. 48 and was once itself a “power conference” team in the Big East.
The more money a team has, the more likely that team is to compete well on the field. Considering how they got to the top, the bottom three leagues in the Power Five might have reason to worry soon.
USA Today found that the SEC has begun distributing $40 million to each member school. Ten SEC teams make at least $100 million per year, and with the uptick in distributions this year, Missouri—currently at $91 million—could make it 11 soon. That’s a massive increase in revenue from just a decade ago. For instance, in 2005-06, Alabama athletics reported $67.7 million in total revenue. In 2014-15, that was more than doubled, up to $148.9 million.
The Big Ten is likely to be richer than the SEC in the near future thanks to the success of the Big Ten Network and massive TV deals from ESPN and FOX. Current projections have the Big Ten deal being worth $45 million per year per school, but the better-than-impressive numbers could send the conference distribution-only revenues north of $50 million per school. The University of Illinois was making just $50.7 million per year in total revenue a decade ago. Now it could get more than that just from the Big Ten, not counting its own marketing deals, ticket sales, merchandise sales, etc.
This is all great news for teams from the SEC and Big Ten, which, as non-profits that are incentivized both economically and legally to pretend they are broke, are spending like crazy. The University of Iowa, for instance, is funding a $90 million stadium renovationentirely with television revenue alone.
http://thecomeback.com/ncaa/big-ten-sec-power-two-acc-pac-12.html
