Also CBS's Dodd expanded on how the existing Big 12 teams could benefit by the billion dollar add on of 4 new expansion schools:
" The Big 12's possible $1 billion expansion windfall -- reported by CBS Sports Wednesday -- could be phased in over time to overwhelmingly benefit the existing 10 members.
CBS Sports has confirmed the rightsholders (ESPN, Fox) are obligated to pay the pro rata -- an amount equal to current members -- for virtually any expansion candidate.
Don't freak. None of those three ( MAC or Sunbelt ) are coming, but the likes of BYU, UConn, Central Florida and Houston are possibilities. "
" That pro rata money -- approximately $25 million for each new school -- goes to the league coffers, not the individual schools. With four new teams, that's $100 million per year
the Big 12 could distribute any way it wants. Maybe the four new schools -- let's say it's BYU, UConn, Central Florida and Houston -- get only $10 million each the first year. That
leaves $60 million for the remaining 10 members. Not a bad haul."
Full read: CBS- Big 12 has a chance to increase its prestige, value at Friday meetings
" The Big 12's possible $1 billion expansion windfall -- reported by CBS Sports Wednesday -- could be phased in over time to overwhelmingly benefit the existing 10 members.
CBS Sports has confirmed the rightsholders (ESPN, Fox) are obligated to pay the pro rata -- an amount equal to current members -- for virtually any expansion candidate.
Don't freak. None of those three ( MAC or Sunbelt ) are coming, but the likes of BYU, UConn, Central Florida and Houston are possibilities. "
" That pro rata money -- approximately $25 million for each new school -- goes to the league coffers, not the individual schools. With four new teams, that's $100 million per year
the Big 12 could distribute any way it wants. Maybe the four new schools -- let's say it's BYU, UConn, Central Florida and Houston -- get only $10 million each the first year. That
leaves $60 million for the remaining 10 members. Not a bad haul."
Full read: CBS- Big 12 has a chance to increase its prestige, value at Friday meetings
