Business is booming in college athletics.
, the Power Five conferences brought in more than $3.3 billion in combined revenue for the 2022 fiscal year.
The Big Ten and SEC were the top earners as expected with the Big Ten bringing in $845.6 million in revenue and the SEC next in line at $802 million. The Big Ten doled out around $58.8 million to its schools with the SEC distributing approximately $49.9 million per member. The ACC and Pac-12 both reported record revenue figures even as they lagged behind the Big Ten and SEC. The ACC totaled $617 million in revenue and distributed $41.3 million to each member while the Pac-12 brought in $581 million and distributed around $37 million to its members.
Finally, the Big 12 reported $480.6 million in revenue, amounting to around $44.9 million being distributed to each school.The Big Ten and SEC were already earning significantly more than its conference counterparts. That will continue to be the case — and then some. Both the Big Ten and SEC have massive new media rights deals beginning next year. While the SEC struck an exclusive 10-year deal with ESPN,
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Big Paydays for Media’s Big Chiefs: CEO Compensation Stays High Even in Hard TimesEconomists are fretting about a recession. Media stocks are in the toilet. Layoffs are being enacted monthly as a spirit of cut, cut, cut grips Hollywood and Silicon Valley. Oh, and screenwriters a…
Leer más »
Airlines Are Betting Big on Premium Seats, Retrofitting Planes to Accommodate More Big-Ticket PassengersBuckle up for a premium experience. Airlines are banking on the popularity of premium seating by retrofitting planes to provide more big-ticket options. ✈️
Leer más »
SCOTUS sides with social media, leaves Section 230 intact in big win for big techThe opinion stated social media companies shouldn't be treated differently than other spaces where content is created: “(The) mere creation of their media platforms is no more culpable than the creation of email, cell phones, or the internet generally.”
Leer más »
Big dreams and big promises — but can Mike Johnston deliver for Denver?Mike Johnston is promising Denver voters big changes including an end to homelessness and a return of neighborhood beat cops if he is elected mayor.
Leer más »
Department of Aging awards $2M in 2022-23 Senior Community Center grantsThe grants will help senior centers fund projects based on the needs expressed in their applications, such as updating and modernizing facilities, providing new health and entertainment programs, upgrading technology, and enhancing nutrition services.
Leer más »
Over 100,00 Americans died from drug overdoses in 2022, CDC saysNearly 110,000 Americans died of drug overdoses in 2022, the highest number on record, and edging out the total death toll from 2021, according to the CDC.
Leer más »