All articles tagged with #revenue distribution
The ACC football preview highlights the league's new revenue sharing model, legal settlements, and ongoing debates over playoff formats, while also focusing on key storylines such as Bill Belichick's college coaching debut at North Carolina, Clemson's dominance, and the league's transfer portal activity among top quarterbacks.
The Big 12 conference announced a record $470 million in revenue distribution during its first spring meetings as a 14-team league, with plans to expand to 16 teams. Despite smaller shares for full members due to new additions, Commissioner Brett Yormark emphasized the conference's growing relevance and stability. The increase in revenue is attributed to higher College Football Playoff and bowl revenues, ticket sales, and streamlined sponsorships. The Big 12, along with other power conferences, is preparing for significant changes, including a $2.8 billion settlement to compensate athletes starting in 2025.
The College Football Playoff has finalized a new $1.3 billion TV deal with ESPN starting in 2026, with the Big Ten and SEC set to receive the highest payouts. The revenue distribution model has been agreed upon by the FBS conferences and Notre Dame, with significant raises for all Power Five institutions. The format for the playoff, whether 12 or 14 teams, is still under discussion, with negotiations focusing on automatic qualifiers and at-large berths. The decision on the format may not come until after the 2024 season, with the Big Ten and SEC wielding influence in the conversations.
All nine FBS conferences and Notre Dame have agreed to a new College Football Playoff contract starting in 2026, likely featuring a 14-team field with guarantees for conference champions. The Big Ten and SEC will have significant control over the format, with financial distributions favoring these conferences and Notre Dame. The deal also includes a new TV contract with ESPN, with the Group of 5 facing challenges in negotiations. The CFP will unveil a 12-team format for the 2024 and 2025 seasons, with ongoing discussions about the 14-team playoff format.
The College Football Playoff has reached a new contract with ESPN, set to begin in 2026 and pay $1.3 billion annually. The deal includes a new revenue-distribution model heavily favoring the Big Ten and SEC, with protections for Notre Dame and Group of Five teams. The format for the playoff is yet to be finalized, but a 5+7 12-team model is set for 2024 and 2025. The SEC and Big Ten are expected to have significant influence on the format starting in 2026, with various 14-team formats under consideration. The contract also accounts for future athlete compensation models and potential retroactive payments from ongoing antitrust lawsuits.
The College Football Playoff is expected to approve a 14-team field and updated revenue model starting in 2026, benefiting the Big Ten and SEC significantly. The new contract will pay the Big Ten and SEC 29% of the upcoming contract, while the ACC will receive 17% and the Big 12 around 15%. The Group of Five will split 9% of the contract, and the independent schools will split 1%, with Notre Dame receiving the bulk. The 14-team playoff represents a departure from the 12-team field, and discussions around the format are ongoing.
College Football Playoff leaders are considering a new format and revenue model that would heavily favor the SEC and Big Ten, leading to a significant financial divide among the major conferences. The proposed revenue distribution would see the SEC and Big Ten earning significantly more than the ACC and Big 12, causing anxiety and potential instability in the latter conferences. The ACC, in particular, faces challenges in retaining its top programs, with Florida State and Clemson exploring legal avenues to potentially exit the conference. ESPN's looming contract decision and the internal deadline for conferences to agree on a future CFP framework add further urgency to the situation.
The College Football Playoff (CFP) is considering a 14-team playoff for the 2026 season, but the proposed idea of granting automatic byes to the SEC and Big Ten champions is facing resistance from conference commissioners due to public backlash. While discussions about the 14-team format and revenue distribution are ongoing, the CFP will use a 12-team format for the 2024 and 2025 seasons, with the five highest-ranked conference champions earning guaranteed spots and the next seven highest-ranked teams also qualifying. Negotiations for the next TV contract are ongoing, with revenue expected to favor the Big Ten and SEC, but with some adjustments for other conferences based on past playoff participation.
The College Football Playoff management committee briefly discussed the possibility of a 14-team model following the recent announcement of the "5+7" format for the 12-team field, with the potential change not expected until 2026 at the earliest. In addition to future formats, the committee is also addressing issues such as revenue distribution, voting rights, and media rights negotiations, with ESPN reportedly preparing a six-year deal worth $1.3 billion, pending a vote from CFP leaders.
The College Football Playoff board of managers unanimously approved a 5+7 model for the new 12-team playoff, ensuring the inclusion of the five highest-ranked conference champions and the next seven highest-ranked teams. The decision comes after months of delay due to the Pac-12's concerns following conference realignment. The Pac-12 and Mountain West have also agreed to a temporary scheduling partnership. Additionally, discussions are ongoing regarding revenue distribution and the future of the sport's postseason, including potential changes to the New Year's Six bowl contracts.
The College Football Playoff board of managers is expected to vote on a 5+7 playoff format, including the five highest-ranked conference champions and the next seven highest-ranked teams, with the Pac-12's approval being crucial. Washington State and Oregon State are seeking continued full Power 5 revenue distribution in the next CFP contract, while also considering a potential reverse merger with the Mountain West Conference. The Pac-12's decision on the playoff format and revenue distribution will be presented at the upcoming meeting, with the outcome likely to have significant implications for the future of college football.
Washington State president Kirk Schulz will propose to College Football Playoff leaders that the Pac-12 be treated as a power conference in revenue and voting rights for the extended future, seeking equal treatment for the conference in the upcoming CFP contract. The proposal has caused a delay in a crucial vote on the playoff format, with Schulz emphasizing the need for more at-large spots due to the Pac-12's realignment and policy changes. The Pac-12 has two years to rebuild and reach the eight-school minimum before the NCAA no longer recognizes it as an FBS conference, and is also formulating a future plan to protect the brand of the conference.
The SEC will distribute a total of $741 million to its 14 member universities for the 2022-23 fiscal year, amounting to about $51.3 million per school, with an increase of $19.2 million from the previous year. The revenue, primarily generated from television agreements and postseason events, aims to support student-athletes across various programs. The SEC's revenue is expected to grow further with a new TV package and a 12-team playoff, although it still lags behind the Big Ten in terms of distribution and TV rights.
Auburn received a $50.1 million payout from the SEC as part of the league's $741 million revenue distribution for the 2022-23 fiscal year, with the funds coming from media rights deals, bowl games, the College Football Playoff, and other sources. This amount does not include an additional $8.1 million of NCAA and SEC grants divided among the fourteen member universities. Despite an increase in the total revenue distribution compared to the previous year, Auburn received less in its total payouts, with $48 million from media deals and $2.1 million from the league office, and no bowl revenue for the 2022-23 season.
The Southeastern Conference (SEC) announced a revenue distribution of $741.0 million to its 14 universities for the 2022-23 fiscal year, with an average of $51.3 million per school. The distribution includes revenue from various sources such as television agreements, post-season bowl games, and NCAA Championships, and does not include an additional $8.1 million of NCAA and SEC grants divided among the member universities. The total amount distributed is an increase from the previous year, reflecting the conference's commitment to supporting student-athletes through broad-based athletics programs and financial aid.