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Big Money: B1G revenue reportedly exceeds $750 million in 2018
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The B1G continues to bring in money hand over fist.
According to a report from USA TODAY, the B1G recorded nearly $759 million in revenue during its 2018 fiscal year. The massive figure is a 48 percent increase from the 2017 fiscal year, when the conference raked in $512.9 million.
The B1G’s most recent fiscal revenue total is a single-year record. According to the report, commissioner Jim Delany received over $5.5 million in total compensation for the 2017 fiscal year.
Television agreements that took effect at the beginning of the 2017-18 school year drove the revenue to its record-breaking high. Of the 14 B1G schools, the 12 longest-standing members received $54 million. Rutgers and Maryland received smaller amounts due to their recent joining of the conference.
According to USA TODAY, the SEC reported approximately $660 million in total revenue for the 2018 fiscal year.
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