The Big 12 Conference will distribute a record $426 million of revenue to its 10 schools for the 2021-22 school year, a nearly 25% increase over last year and 10% higher than its peak before the pandemic.
IRVING, Texas —
Schovanec said the goal is to announce a new commissioner at the league's football media days, which are scheduled July 13-14. Schovanec, one of three university leaders on the executive search committee, provided few details about the process but said things are on track to have a decision by then. After its previous record distribution for the 2018-19 school year, the Big 12 figures initially slipped to $377 million in revenue for 2019-20 because of the pandemic.
While the Big 12 will lose its only two football national champions, the four additions will have the league spread across eight states and three time zones.