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UNL to receive full Big Ten benefits after six years - Printable Version

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UNL to receive full Big Ten benefits after six years - Transic_nyc - 06-01-2017 08:39 PM

http://www.dailynebraskan.com/nse/unl-to-receive-full-big-ten-benefits-after-six-years/article_4c48981c-38e0-11e7-a20e-4f245739bd5d.html
Quote:Starting this fall, Nebraska will be a fully vested member of the conference it joined six years ago, meaning Nebraska will see its largest pay day from a conference ever.

When Nebraska joined the Big Ten in 2011, it received $14 million. From there, it increased to $15.4 million in the second year, then $16.9 million, $18.7 million and $22 million last year, according to the Omaha World-Herald.

Finally, Nebraska will see the full benefits of leaving the Big 12 Conference, but those initial payouts were still an improvement over the Big 12’s $9 million in 2010.

Next year, the money from the conference could easily exceed $40 million.

At the same time, Nebraska will become equal to its peers. This fall, the Big Ten’s television revenue will nearly triple, according to Forbes. Last June, the conference completed the sale of its media rights to Fox and ESPN. Fox will take over with the most prominent role, paying $240 million per year to the conference in a six-year deal. ESPN will take the second half at $190 million per year, while CBS will add $10 million annually for basketball.