The $100M exit fee will be distributed to the eight legacy Big 12 members, offsetting what was supposed to be a $5-8M reduction in distribution in 2024.
— Ross Dellenger (@RossDellenger) February 10, 2023
A big win for Big 12 commissioner Brett Yormark, who aggressively pushed the networks to compromise.https://t.co/dTNlKT3EOL