Despite being one of the primary victims in the flurry of conference realignment, the Big 12 continued to show its stability under commissioner Bob Bowlsby by reporting a record $220.1 million in distribution revenue Friday at the conclusion of the conference's spring meetings.
The eight remaining charter members of the Big 12 each collected $1 million more than they did last year -- totaling $23 million apiece -- in distribution, with the bulk of the money coming in via TV contracts, bowl games and NCAA basketball tournament appearances.
Second-year members TCU and West Virginia received two-thirds of the full share, or $14 million each. Both schools agreed to smaller distributions as part of a four-year, phase-in agreement that will conclude in 2015-16.
Bowlsby said the league opted to withhold $7.8 million of the $220.1 million for operating revenue, but that the money could be distributed to members down the line.
This month, the Big Ten reported almost $26 million in distribution to its schools; the Pac-12 handed out just under $20 million in distribution to its members.