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B1G ranks second among Power 5 leagues in revenue for 2020-21 athletic year
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The B1G’s on-again, off-again relationship with the 2020 fall sports season resulted in a hit to its total revenue for the 2020-21 athletic year, but it was still one of the most profitable leagues in college athletics.
Steve Berkowitz of USA Today revealed some of the figures each conference earned in revenue for the 2021 fiscal year. The B1G was behind only the SEC in terms of revenue received.
Here are the numbers:
- SEC: $833 million
- B1G $679.8 million
- ACC: $578.3 million
- Big 12: $356 million
- Pac-12: 343.5 million
Berkowitz also broke down how much each school received from the conference payouts. The B1G also ranked second. Here’s how much each school received:
- SEC: $54.6 million + $23 million advance on future payouts
- B1G: $43.1 million – $49.1 million
- ACC: $35 million – $38.1 million
- Big 12: $34.7 million – $36.5 million
- Pac-12: $19.8 million
The SEC and ACC played the most football games during the 2020 season, which was affected by the pandemic. The B1G was the first league to cancel the season but later reinstated the conference-only schedule.
Total revenue by conference for FY21, when ACC and SEC played the most football games and Pac-12 the least:
SEC: $833 M (+$105M vs. FY20)
B1G: $679.8 M (-$89M)
ACC: $578.3M (+82M)
Big 12: $356M (-$53M)
Pac-12: $343.5M (-$190M) https://t.co/h9ioUhg6P1— Steve Berkowitz (@ByBerkowitz) May 20, 2022
Per-school payouts for FY21, when ACC SEC played the most football games and Pac-12 the least, per new federal tax docs:
SEC: $54.6M + $23.M advance on future payouts
B1G: Range from $43.1M – $49.1M
ACC: Range from $35M – $38.1M
Big 12: Range from $34.7M – $36.5M
Pac-12: $19.8M https://t.co/h9ioUhg6P1— Steve Berkowitz (@ByBerkowitz) May 20, 2022
Dustin grew up in the heart of Big Ten country and has been in sports media since 2010. He has been covering Big Ten football since 2014. You can follow him on Twitter: @SchutteCFB