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Pac-12’s Revenue Distribution Lags Behind Other Power Five Conferences

HERO Sports by HERO Sports
May 18, 2017
0
Pac-12’s Revenue Distribution Lags Behind Other Power Five Conferences

Maybe Big 12 doomsday predictors and preppers should venture out west, where they'll realize the Big 12 is actually in good financial shape compared to the distribution-challenged Pac-12.

The Pac-12 Conference released their federal tax returns on Monday, which show a distribution of $28.7 million to each of its 12 member schools during fiscal year 2016, according to Jon Wilner of The Mercury News. That number jumped from $25.1 million in 2015 and is expected to be $29.5 million in 2017.

Though positive increases are good — especially a 14 percent jump from 2015 to 2016 — future projections compared to other Power Five conferences are concerning. And without a revamped TV deal, or any deal with DirecTV, those won't get any better.

Here is a look at Wilner's projections, which have proven remarkably accurate in past years.

[divider]

2016 

The SEC remained king in 2016, distributing $5.2 million more than the next closest conference and nearly $12 million more than the Pac-12. The ACC has not yet reported distributions for fiscal year 2016.

SEC: $40.5 million
Big Ten: $34.8 million
Big 12: $30.4 million
Pac-12: $28.7 million

[divider]

2017 (Projected)

Here's where the Pac-12 begins running out of gas. The SEC, Big Ten and Big 12 are all projected to increase their distributions by more than $3 million in 2017, including a $5.55 million jump for the when-will-it-dissolve Big 12.

SEC: $44 million
Big Ten: $38 million
Big 12: $34 million 
Pac-12: $29.5 million

[divider]

2018 (Projected)

The Big Ten is licking their chops in anticipation for revenue from their new TV deal worth an estimated $2.64 billion, which will bump them at least $7 million per year between 2017 and 2018. Meanwhile, the Pac-12 continues to fall further behind, now a whopping $5 million behind the Big 12.

SEC: $45 million
Big Ten: $45 million 
Big 12: $37.5 million
Pac-12: $32.5 million

[divider]

As noted by Wilner, major changes are need or things will get far worse. The Pac-12's annual distributions through 2023-24 are expected to be an average of $12 milion less than the SEC and Big 12, which, in a 12-team conference, equals more than $1 billion.

Click here to find more fascinating information — or depressingly concerning if you're a Pac-12 fan — on Wilner's review of the Pac-12's "real" and "spectacular" revenue deficit.

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