Big 12 will distribute record $470 million, though 10 full-share members getting little less

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Big 12 will distribute record $470 million, though 10 full-share members getting little less
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USGA CEO Mike Whan is confident the organization is not finished putting on events at Lancaster County Club

The Big 12 will grow to 16 teams with the additions of Arizona, Arizona State, Colorado and Utah from the Pac-12, officially on Aug. 1.IRVING, Texas — Big 12 schools will share in a record $470 million in revenue distribution, the conference announced Friday when wrapping up its first spring meetings as a 14-team league and before growing by two more teams.

“We went stability as a conference and we felt it was investing in all the right ways and for all the right reasons,” Yormark said. “Clearly that was the right one for this conference as we think about where we’re going.” The Big 12 will grow to 16 teams with the additions of Arizona, Arizona State, Colorado and Utah from the Pac-12, officially on Aug. 1. The four incoming schools took part in this week's meetings, while Oklahoma and Texas did not.

“I think we ended up in a fair and reasonable place,” Yormark said. “Obviously, it’s going to be a changing landscape. But I also do see opportunities in that changing landscape, and the work really starts now. A lot of work to be done. I look at this as a bit of a reset for our industry. And we’re prepared for that. The ADs, myself, the board, we’ve been discussing that reset for quite some time. So it’s not coming as a surprise.

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