What about the Big Ten? Jim Delany's league is doing just fine. More than fine, in fact.
The St. Louis Post-Dispatch's Stu Durando reports today that Illinois will receive significantly more revenue from the Big Ten this year. The continued success of the Big Ten Network continues to drive up the overall revenue figures.
Because the Big Ten divides revenue pretty much equally among its members -- Nebraska won't receive a full financial share immediately -- the numbers in Durando's report can be applied to other schools.
The conference will pay Illinois a record $22.6 million, with $7.9 million coming from the network, according to figures provided by the university. That's a 21 percent increase over last year's $6.5 million share from the BTN. ... The breakdown of the Big Ten's payment to Illinois includes $16.6 million from television, of which $8.2 million comes from ESPN and ABC. Thus, the BTN, which has been on the air four years, has nearly matched the more established networks in its ability to fill university coffers.
As Bennett recently posted, the most recent Big Ten tax form, from the 2009-10 fiscal year, showed each school received more than $20 million from the conference. Big Ten schools received a bit more than $19 million each for the 2008-09 fiscal year. The 2010-11 tax form won't be available until March, but Durando's report shows an even bigger revenue increase for the league and its members.
This is why the Big Ten can explore proposals like increasing the value of scholarships up to cost of attendance. If the Big Ten Network continues to grow as analysts expect, league members will continue to enjoy the results.