(Sports Illustrated) Big 12 officials are reportedly considering restructuring the league’s revenue-sharing system to keep Oklahoma and Texas from bolting to the SEC, according to Dennis Dodd of CBS Sports.
The group is proposing an increase of a half-share for each school, bumping the annual payout to approximately $56 million per year. The other eight schools would have their shares decreased to cover the cost.
Big 12 schools currently make around $37 million per year from the conference’s media rights agreement, which includes bowl games and the NCAA tournament, per Dodd. SEC schools currently make around $44 million per year from their media rights agreement. That number could increase to over $60 million if Texas and Oklahoma join the conference, which is now expected.
While Kansas has been linked to an upcoming meeting with the Big Ten, there has been no such linkage for Kansas State just yet. If the Big 12 loses Oklahoma and Texas and then continues to fracture, some floated options for K-State have included the Pac-12, Mountain West or American Athletic conferences.
