Editing Big 12 Conference (section)

== Conference annual revenue distribution ==
{| class="wikitable" style="width:435px; text-align:right; float:right"
! Year !! Total distributed !! Annual increase !! Average per university<sup>a</sup>
|-
| 1997<ref name="big12cash1">{{cite web|url=http://www.big12sports.com/ViewArticle.dbml?DB_OEM_ID=10410&ATCLID=204955138|title=Championship Sites Selected|publisher=Big 12 Conference|author=Barnhouse, Wendell|date=June 4, 2010|access-date=2010-06-06}}</ref>|| $53.6 million|| –|| $4.5 million
|-
| 1998<ref name="big12cash1" />|| $58 million|| 8.2%|| $4.8 million
|-
| 1999<ref name="big12cash1" />|| $64 million|| 10.3%|| $5.3 million
|-
| 2000<ref name="big12cash1" />|| $72 million|| 12.5%|| $6.0 million
|-
| 2001<ref name="big12cash1" />|| $78 million|| 8.3%|| $6.5 million
|-
| 2002<ref name="big12cash1" />|| $83.5 million|| 7.1%|| $7.0 million
|-
| 2003<ref name="big12cash1" />|| $89 million|| 6.6%|| $7.4 million
|-
| 2004<ref name="big12cash1" />|| $101 million|| 13.5%|| $8.4 million
|-
| 2005<ref name="big12cash1" />|| $105.6 million|| 4.6%|| $8.8 million
|-
| 2006<ref name="big12cash1" />|| $103.1 million|| −2.4%|| $8.6 million
|-
| 2007<ref name="big12cash1" />|| $106 million|| 2.8%|| $8.8 million
|-
| 2008<ref name="big12cash1" />|| $113.5 million|| 7.1%|| $9.5 million
|-
| 2009<ref name="big12cash1" />|| $130 million|| 14.5%|| $10.8 million
|-
| 2010<ref name="big12cash1" />|| $139 million|| 6.9%|| $11.6 million
|-
| 2011<ref name="big12cash2">{{cite AV media|date=2011-06-03|title=Spring Meetings: Friday Media Update|url=http://www.big12sports.com/ViewArticle.dbml?ATCLID=205157134|access-date=2013-01-02|location=Kansas City, Missouri|quote=This is the place when we always announce the revenue distribution for the year, and we will be distributing 145 million [dollars] to our member institutions at the conclusion of this year.}}</ref>|| $145 million|| 4.3%|| $12.1 million
|-
| 2012<ref name="big12cash3">{{cite web|url=http://www.big12sports.com/ViewArticle.dbml?DB_LANG=C&ATCLID=208032791&DB_OEM_ID=10410|title=Big 12 Announces Record Revenue At Spring Meetings|date=2013-05-31|access-date=2013-06-01|publisher= Big 12 Conference|author=Barnhouse, Wendell}}</ref>|| $187 million|| 29.0%|| $18.7 million
|-
| 2013<ref name="big12cash3" />|| $198 million|| 5.9%|| $19.8 million
|-
| 2014<ref name="big12cash4">{{cite web|url=http://www.big12sports.com/ViewArticle.dbml?ATCLID=209513755|title=Big 12 Announces Record Revenue Distribution|date=2014-05-30|access-date=2014-06-05|publisher= Big 12 Conference|author=Barnhouse, Wendell}}</ref>|| $212 million|| 7.1%|| $21.2 million
|-
| 2015<ref>{{cite web|url=http://www.foxsports.com/southwest/story/big-12-distributes-252-million-in-annual-revenue-052915|work=FOX Sports|date=2015-05-29|access-date=2015-05-29|title=Big 12 distributes $252 million in annual revenue|author=Ubben, David}}</ref>|| $252 million|| 18.9%|| $25.2 million
|-
|2016<ref>{{cite web| url=https://big12sports.com/news/2016/6/3/210995605.aspx| title=Big 12 to Conduct Football Championship; Revenue Figures Announced| date=3 June 2016}}</ref>|| $304 million|| 20.6%|| $30.4 million
|-
|2017<ref>{{Cite web|url=http://www.foxsports.com/college-football/story/big-12-strong-financially-as-teams-split-348m-in-revenue-060217|work=FOX Sports|title=Big 12 strong financially as teams split $348M in revenue|access-date=2017-06-04|date=June 2, 2017}}</ref>|| $348 million|| 14.5%|| $34.8 million
|-
|2018<ref>{{cite web| url=https://www.dallasnews.com/sports/2018/06/01/here-s-how-much-money-each-big-12-school-will-receive-after-conference-brings-in-record-364-million/| title=Here's how much money each Big 12 school will receive after conference brings in record $364 million| date=June 2018}}</ref>|| $364 million|| 4.9%|| $36.5 million
|-
|2019<ref name="espn.com">{{cite web| url=https://www.espn.com/college-football/story/_/id/26864171/big-12-revenues-likely-pass-40m-per-school| title=Big 12 revenues likely to pass $40M per school| date=31 May 2019}}</ref>|| $388 million|| 6.3%|| $38.8 million
|-
|2020<ref name="espn.com"/>|| $377 million|| -2.8%|| $37.7 million
|-
|2021<ref>{{cite web| url=https://apnews.com/article/college-football-health-coronavirus-pandemic-sports-b89a070831d49dc111f39e420fc77bec| title=Big 12 revenue lower again in pandemic at $34.5M per school| website=[[Associated Press]]| date=25 May 2021}}</ref>|| $345 million|| -8.5%|| $34.5 million
|-
|2022<ref>{{cite web| url=https://big12sports.com/news/2022/6/3/conference-big-12-spring-meetings-summary.aspx| title=Big 12 Spring Meetings Summary| date=3 June 2022}}</ref>|| $426 million|| 23.5%|| $42.6 million
|-
|2023<ref>{{cite web| url=https://kslsports.com/518083/big-12-distribution-470-million-2023-24-year-byu/| title=Big 12 Distributing $470 Million Of Revenue To Current Schools| date=31 May 2023}}</ref>|| $470 million|| 10.3%|| $39.8 million†<br />$18.0 million‡
|-
|- style="text-align:center"
| colspan=4| <sup>a</sup> Twelve Big 12 members received disbursements each year from 1997 to 2011; ten each year afterwards. Individual universities' disbursement varied annually according to bylaw rules and entrance or withdrawal agreements.<br />†legacy 10-member institutions.<br /> ‡Four new coming institutions(UCF, BYU, UC & UH).
|}

Conference revenue comes mostly from television contracts, [[bowl game]]s, the [[NCAA]], merchandise, licensing and conference-hosted sporting events. The Conference distributes revenue annually to member institutions.<ref name="espnrevenue">{{cite web|url=https://www.espn.com/blog/big12/post/_/id/2094/how-the-big-12-teams-rank-in-revenue-sharing-funds|title=How the Big 12 teams rank in revenue-sharing funds|publisher=[[ESPN]]|author=Griffin, Tim|date=May 26, 2009|access-date=2010-06-06| archive-url= https://web.archive.org/web/20100516030428/http://espn.go.com/blog/big12/post/_/id/2094/how-the-big-12-teams-rank-in-revenue-sharing-funds| archive-date= May 16, 2010| url-status= live}}</ref> From 1996 to 2011, 57 percent of revenue was allotted equally; while 43 percent was based upon the number of football and men's basketball television appearances and other factors.<ref name="revenue">{{cite web|url=http://www.big12sports.com/ViewArticle.dbml?SPSID=106137&SPID=13138&DB_OEM_ID=10410&ATCLID=205157134|title=Sharing A Bright Future|publisher=Big 12 Conference|date=June 3, 2011|access-date=2011-06-07}}</ref><ref>{{cite web|url=http://www.dallasnews.com/sharedcontent/dws/spt/colleges/topstories/stories/060610dnspobig12sider2.112db5e.html|title=Big 12 problems trace to league's roots|work=[[The Kansas City Star]]|author=Kerkhoff, Blair|date=June 5, 2010|access-date=2010-06-06| archive-url= https://web.archive.org/web/20100608123730/http://www.dallasnews.com/sharedcontent/dws/spt/colleges/topstories/stories/060610dnspobig12sider2.112db5e.html| archive-date= June 8, 2010| url-status= live}}</ref> In 2011, the distribution was 76 percent equal and 24 percent based on television appearances. Changing the arrangement requires a unanimous vote; as a Big 12 member, Nebraska and Texas A&M had withheld support for more equitable revenue distribution.<ref name="revenue" />

With this model, larger universities can receive more revenue because they appear more often on television. In 2006, for example, Texas received $10.2 million, 44% more than Baylor University's $7.1 million.<ref>{{cite web|url=https://www.espn.com/blog/big12/post/_/id/2094/how-the-big-12-teams-rank-in-revenue-sharing-funds|title=How the Big 12 teams rank in revenue-sharing funds|work=[[ESPN]].com|author=Griffin, Tim|date=2009-05-26|access-date=2013-06-01}}</ref>

Big 12 revenue was generally less than other [[Power Five conferences|BCS conferences]]; this was due in part to television contracts signed with [[Fox Sports Net]] (four years for $48 million) and [[American Broadcasting Company|ABC]]/[[ESPN]] (eight years for $480 million).<ref>{{cite web|url=http://www.columbiatribune.com/news/2010/jun/03/tv-is-big-12s-shot-at-curbing-grazing/|archive-url=https://web.archive.org/web/20100608004103/http://www.columbiatribune.com/news/2010/jun/03/tv-is-big-12s-shot-at-curbing-grazing/|url-status=dead|archive-date=June 8, 2010|title=TV is Big 12's shot at curbing grazing|work=[[Columbia Daily Tribune]]|author=Matter, Dave|date=June 3, 2010|access-date=2010-06-06}}</ref>

In 2011, the Big 12 announced a new 13-year media rights deal with Fox that would ensure that every Big 12 home football game is televised, as well as greatly increasing coverage of women's basketball, conference championships and other sports.<ref name="fox2011">{{cite web|url=http://www.big12sports.com/ViewArticle.dbml?DB_LANG=C&DB_OEM_ID=10410&ATCLID=205135947&SPID=13138&SPSID=106137|title= Big 12 and Fox Sports Media Group Announce Landmark Agreement|date=2011-04-13|publisher=Big 12 Conference}}</ref> The deal, valued at an estimated $1.1 billion, runs until 2025.<ref name="fox2011value">{{cite news|url=https://www.chron.com/sports/college-football/article/Big-12-Fox-Sports-reach-1-1-billion-TV-agreement-1690650.php|title=Big 12, Fox Sports reach $1.1 billion TV agreement|newspaper=[[Houston Chronicle]]|author=Barron, David|date=2011-04-13}}</ref> In 2012, the conference announced a new agreement with Fox and ESPN, replacing the current ABC/ESPN deal, to immediately increase national media broadcasts of football and increase conference revenue;<ref name="espn2012">{{cite web|url=http://www.big12sports.com/ViewArticle.dbml?DB_LANG=C&DB_OEM_ID=10410&ATCLID=205680799&SPID=13138&SPSID=106137|publisher=Big 12 Conference|title=Big 12 Announces New Media Rights Deal With ESPN & FOX Sports Media Group|date=2012-09-07}}</ref> the new deal was estimated to be worth $2.6 billion through the 2025 expiration.<ref name="espn2012value">{{cite web|url=https://www.espn.com/college-sports/story/_/id/8346345/big-12-announces-media-deal-abc-espn-fox|title=Big 12 strikes new media deal|publisher=ESPN|author=McMurphy, Brett|date=2012-09-07}}</ref> The two deals pushed the conference per-university payout to approximately $20 million per year, while separating third-tier media rights into separate deals for each university; such contracts secured an additional $6 million to $20 million per university annually.<ref name="forbes12">{{cite news|url=http://www.kansascity.com/2013/01/16/4014439/forbes-big-ten-tops-revenue-list.html|title=Forbes: Big Ten tops revenue list but Big 12 richest league per school|author=Kerkhoff, Blair|newspaper=Kansas City Star|date=2013-01-16|access-date=2013-01-17}}</ref> The per-university payout under the deal is expected to reach $44 million, according to Commissioner [[Bob Bowlsby]].<ref>{{cite AV media|url=http://www.big12sports.com/mediaPortal/player.dbml?id=4108391|publisher=Big 12 Digital Network|date=2015-05-29|access-date=2015-05-29|title=Big 12 Business Meetings – Commissioner Bowlsby 2|quote=[...] and then it ultimately peaks out at about 44 million dollars per school in the late stages of our television agreement.}}</ref>

In 2022, the conference renewed its media rights with ESPN and Fox Sports for six seasons starting in 2025–26, with an estimated US$380 million average annual fee.<ref>{{cite web|url=https://www.statesman.com/story/sports/college/big-12/2022/10/30/big-12-conference-signs-new-tv-deal-with-espn-fox-through-2031/69604046007/|title='It's a good deal for Big 12 schools': Conference signs new TV agreement, gains stability|author=Kirk Bohls|website=Austin American-Statesman|date=October 30, 2022}}</ref>

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