Big 12 Conference distributing $198M to 10 teams - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

Big 12 Conference distributing $198M to 10 teams

By STEPHEN HAWKINS
AP Sports Writer

IRVING, Texas (AP) - Big 12 schools are getting a nice payday.

Commissioner Bob Bowlsby said Friday that the conference will distribute $198 million to its 10 schools, a bump from $183 million the previous year.

Bowlsby said at the end of the league's meetings that amount will grow in the future when a new television contract goes into effect, plus money from Sugar Bowl matchups against a top SEC team.

The eight continuing members of the Big 12 will get about $22 million each. Newcomers TCU and West Virginia will get half-shares for 2012-13, about $11 million each from their first year in the Big 12. Their percentage will increase in future years.

The revenue doesn't include third-tier broadcast rights, such as Texas' agreement with ESPN for the Longhorn Network.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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