The seven other schools are expected to receive between $14 million and $17 million annually. Big 12 schools have received between $7 million and $12 million annually in recent years.
I am no financial brain, but I have no idea how they get these numbers. The payouts will be double what they were. IF NU and CU pay FULL on the penalty that is only 17.6% increase (16% for 10 vs. 12 way split and 1.6% share of penalty) Only one of two contracts are up for negotiations. Granted the current contract is undervalued, but are they are willing to almost double the current contract for what is essentially ONE game that will matter nationally and with no CCG.