Revenue Sharing: The Big Ten is old school. It has pooled ticket revenue for football and men’s basketball since the 1950’s. Teams donate 35 percent of gate receipts for conference games into an equally shared pool, up to $1 million per football game and $67,000 per basketball game. Though the socialism is nice, the amounts involved are trivial. The average Big Ten athletic department earns $22.7 million in profit from football (Highest – Penn State $50.4 million, Michigan $44.8 million) and turns a $10.7 million total profit. Amateurs. [Business of College Sports]
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Is nothing sacred, Mr. Mushnick?