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Big 12 could earn an additional $1 billion through expansion

"DALLAS -- Big 12 administrators will be presented with information this week at the league's spring meetings that expansion could earn the conference at least an additional $1 billion over the length of its remaining TV rights contract, CBS Sports has learned.

If the league expands by four teams, provisions in its contracts with ESPN and Fox provide money for that benchmark. If the expansion is by two teams, the increase would be $500 million.

Those rightsholders are contractually bound to provide "pro rata" for any new Big 12 members. That is, any new members would be paid an equal share of the current Big 12 members -- approximately $23 million per year."

(Full disclosure: I'm not Dennis Dodd. I just frequent CBS Sports.)

Link: Big 12 could earn an additional $1 billion through expansion

Posted: 06/02/2016 at 07:32AM

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Current Thread:

Big 12 could earn an additional $1 billion through expansion -- hokieball 06/02/2016 07:32AM

That's not happening ** -- hokiesrule98 06/03/2016 4:29PM

If that were accurate, the BXII would have already expanded ** -- BROman Hokie 06/02/2016 2:45PM

Nope not going to happen ** -- BigCrumpy 06/02/2016 2:01PM

And yet they're not going to expand? I call BS on this press release/column ** -- marcbvtgm 06/02/2016 1:47PM

Like so many articles, it doesn't include enough info to corroborate -- daveinop 06/02/2016 1:16PM

But I thought they had language that "you're already being paid for 12" or -- Late 80s Hokie 06/02/2016 12:34PM

That was the case after Nebraska -- 4x4hokies 06/02/2016 1:44PM

The Big XII's contract has a "pro rata" clause in it -- VTHokie2000 06/02/2016 1:05PM

I'm sure half of any additional income will immediately be claimed by UT. ** -- EDGEMAN 06/02/2016 11:01AM

Maybe even 2/3rds. New members may have to pay to subsidize UT (tic) ** -- Calamitous 06/02/2016 1:00PM