Big 12 revenue lower again in pandemic at $34.5M per school

State & Regional

FILE – In this Tuesday, Feb. 11, 2020 file photo, Big 12 Conference Commissioner Bob Bowlsby testifies during a Senate Commerce subcommittee hearing on Capitol Hill in Washington. (AP Photo/Susan Walsh, File)

(AP) — The Big 12 Conference is distributing about $345 million of revenue to its 10 schools for the 2020-21 school year.

The $34.5 million per school is down from about $37.7 million last year. It is the second year in a row the average per school has been lower because of the COVID-19 pandemic. Commissioner Bob Bowlsby says the overall revenue was about $50 million short of what had been expected before the pandemic.

But he anticipates revenue numbers increasing next year, likely to more than $40 million per school.

(Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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