Big Ten schools receive record $1.37 billion from 2024-25 fiscal year
The New York Times • • sports
Key Points:
- The Big Ten generated nearly $1.47 billion in revenue for the 2024-25 fiscal year and distributed $1.37 billion to its 18 member schools, marking a $540 million increase from its previous high.
- The league's revenue growth was driven by its first 18-member season, a new media rights agreement bringing in over $1 billion, and participation in the inaugural 12-team College Football Playoff, where four Big Ten teams qualified and Ohio State won.
- Distribution amounts varied, with Ohio State receiving $91.55 million, Penn State $88.9 million, Indiana $81 million, and other full members between $76 million and $79 million; Oregon and Washington received partial shares of $48 million and $46 million, respectively.
- Former Commissioner Jim Delany received $5.82 million in bonuses and deferred compensation plus $600,000 in consulting fees as part of his retirement package, while current Commissioner Tony Petitti earned over $4.5 million in compensation.
- The Big Ten also incurred significant expenses, including over $6 million in legal fees and $5 million on officiating technology.
