Saturday, May 17, 2025

SEC, Big 12, Pac-12 show revenue drop in 2024 fiscal year

SEC, Big 12, Pac-12 show revenue drop in 2024 fiscal year

Tax records show SEC, Big 12, Pac-12 all had revenue decline in 2024 fiscal year

Miami (Fla.) wide receiver Joshisa Trader (0) holds off Iowa State defensive back Myles Purchase during the 2024 Pop-Tarts Bowl at Camping World Stadium.

The final business year for the Power Five conferences, as college sports fans have come to know them, was not exactly business as usual. With schools' affiliations already beginning to change, and various legal entanglements going on, three of the five conferences reported declines in total revenue on their federal tax records for their 2024 fiscal years – and the Power Five's combined total revenue very narrowly declined.

That's far from a cause for alarm, but it is the first such year-over-year decrease in a non-pandemic-affected year since USA TODAY Sports began compiling these records by obtaining data reaching back to fiscal 2011, when the Big East Conference still was playing football and there were six power conferences. In most years, the annual increase has been at least $150 million.

And that may well return to being the power-conference norm, as the Big Ten and Southeastern conferences appear headed toward revenue booms for their ongoing 2025 fiscal years that likely will take each to at least $1 billion, and the Pac-12's demise and dispersal will help boost income for the Atlantic Coast Conference and the Big 12.

RE-RANK: Texas leads college football NCAA 1-136 after spring

BEST OF BEST: Our ranking of college football's top 25 coaches

But with the ACC, Big 12 and Pac-12 providing their new returns this week in response to requests from USA TODAY Sports, and the Big Ten and SEC having done so previously, the combined revenue tally for fiscal 2024 was nearly $3.54 billion, compared to a little more than $3.55 billion for fiscal 2023.

Here is conference-by-conference rundown for the three that released their tax records this week (IRS rules require revenue and expense data to be reported on a fiscal-year basis and pay data on a calendar-year basis):

Pac-12

Revenue: $566.6 million, fourth among Power Five.

Per-school payouts: $30.15 million for the 10 other than Oregon State and Washington State; $46.6 million for Oregon State and Washington State. Overall average for the 12 schools: $32.9 million, fifth among Power Five.

Commissioner's pay: George Kliavkoff, who was ousted as of the end of February 2024, was credited with nearly $3.7 million in total compensation for the 2023 calendar year. That was about $300,000 less than his total for 2022. His base pay increased by more than $150,000 in 2023, but he received a $500,000 bonus in 2022 and no bonus in 2023.

Overview: The conference's revenue fell by more the $37 million compared to fiscal 2023 as 10 schools were getting set to move, variously, to the ACC, Big Ten and Big 12. That hurt sponsorship and other revenue. Meanwhile, the conference-owned Pac-12 Networks operated at a $14 million loss for a variety of reasons, including some related to the conference's impending shakeup. In addition, bowl revenue declined by a little over $19 million primarily because the Rose Bowl was a College Football Playoff semifinal rather than a game affiliated with the Pac-12, as has occurred every three years.

A legal dispute over the future of the conference and its assets that pitted Oregon State and Washington State against the 10 departing schools ended with a settlement under which each of the 10 agreed to a $6.5 million reduction in its distribution from the conference.

From that $65 million, Oregon State and Washington State — as the only remaining voting members of the conference — added $10 million to each of their distributions to help cover their costs of continuing as the Pac-12 Conference for at least the two-year interim period allowed under NCAA rules, a statement from the conference said.

This included costs "related to future non-conference scheduling, affiliate membership in other conferences across basketball and several Olympic sports and other financial considerations," the statement said.

Separate from the annual revenues and expenses — which resulted in an annual surplus despite the revenue declined — the Pac-12 deducted about $58.4 million from its net assets to finally settle overpayments that Comcast made over a five-year period to the Pac-12 Networks.

ACC

Revenue: $711.4 million, third among Power Five.

Per-school payouts: Ranged from $43.1 million to $46.4 million, except for Notre Dame, which received $20.7 million. The average was third among Power Five.

Commissioner's pay: Jim Phillips was credited with nearly $4.1 million in total compensation, including almost $3.95 million in base compensation. The base amount represents a roughly 50% increase over his total for the 2022 calendar year. This was "a compensation adjustment at the direction of the board" of directors of the conferences, which comprises school CEO's, a conference spokesperson said.

Overview: The conference's fiscal 2024 revenue was nearly identical to its 2023 revenue of $706.7 million. Its outside legal expenses jumped from $7.2 million to $12.3 million amid membership disputes with Clemson and Florida State, as well as the House-NCAA litigation.

Looking ahead, revenue for the ongoing 2025 fiscal year will increase due to the additions of California, Stanford and SMU, and this will be the first year in which the conference's revenue-sharing arrangements will take into account incentive payments for team success in football, men's basketball and women's basketball.

Under a settlement of the disputes with Clemson and Florida State, during the fiscal year that begins July 1, 2025 – so, for the 2025-26 school year – the revenue-sharing arrangements also will take into account viewership for football and men's basketball games covered by the ACC's contract with ESPN and the ACC Network.

Big 12

Revenue: $493.8 million, fourth among Power Five.

Per-school payouts: Ranged from $37.8 million to $42.1 million for the schools other than newcomers BYU, Houston, Central Florida and Cincinnati, which averaged about $20 million apiece. The larger payouts were fourth among Power Five.

Commissioner's pay: Brett Yormark was credited with a total of nearly $4.4 million, including just over $2.5 million categorized as base pay and $1.25 million in bonus pay.

Overview: The conference's total revenue declined by about $17 million from the fiscal 2023 amount and the conference reported a nearly $37 million annual operating deficit.

While revenue in four areas covered by the tax records increased, its bowl revenue dropped from just over $157 million in fiscal 2023 to $110.6 million in 2024. In a statement, the conference said this was mainly due to the CFP semifinal rotation, which resulted in the Big 12 not being contracted to appear in the Sugar Bowl during this fiscal cycle.

As previously reported, Oklahoma and Texas received full revenue shares for their final year in the conference, even as the four new schools joined.

(This story was updated with new information.)


Sent from my iPhone

The complete Tennessee law

https://publications.tnsosfiles.com/acts/114/pub/pc0300.pdf

Tennessee NIL best for student athletes 20250517

https://x.com/WinterSportsLaw/status/1923213322997940500

Sent from my iPhone

Watch Sean Mcandrews's live activity now!

Sean Mcandrews started an activity
Follow their location and stats on LiveTrack.
View Activity on LiveTrack
© 2025 Garmin Ltd. or its subsidiaries. All rights reserved. Garmin International, 1200 E. 151st Street, Olathe, KS, 66062

Friday, May 16, 2025

Watch Sean Mcandrews's live activity now!

Sean Mcandrews started an activity
Follow their location and stats on LiveTrack.
View Activity on LiveTrack
© 2025 Garmin Ltd. or its subsidiaries. All rights reserved. Garmin International, 1200 E. 151st Street, Olathe, KS, 66062

NCAA penalizes Shepherd for use of ineligible athletes among rules infractions

NCAA penalizes Shepherd for use of ineligible athletes among rules infractions - WV MetroNews


https://wvmetronews.com/2025/05/15/ncaa-penalizes-shepherd-for-use-of-ineligible-athletes-among-rules-infractions/

Thursday, May 15, 2025

Watch Sean Mcandrews's live activity now!

Sean Mcandrews started an activity
Follow their location and stats on LiveTrack.
View Activity on LiveTrack
© 2025 Garmin Ltd. or its subsidiaries. All rights reserved. Garmin International, 1200 E. 151st Street, Olathe, KS, 66062

Recent Jobs - National Association of Collegiate Directors of Athletics

Jobs in athletics

https://jobcenter.nacda.com/job/commissioner-mid-south-conference/78221228/?keywords=&pos_flt=0&location=&location_completion=&location_type=&location_text=&location_autocomplete=true&location_latlong=&radius=320

Sent from my iPhone

Thursday, May 8, 2025

202425 WALK ON FORM TO USE AND SEND TO WALKONS

FYI

I have developed a walk on form

Its in the online education current student athletes ( https://myonline.wvstateu.edu/login/index.php) that everyone except for maybe 1 or 2 people has not been added

I do not need the form back - please review the directions - It's more for you and the kids and does not alleviate any NCAA Rules
Mcandrews

On Thu, May 8, 2025 at 8:04 AM Mattie Best <mattie.best@wvstateu.edu> wrote:
Sean,
Do we have a paper for walk-on to sign. I have been asked if we have one so they can do a signing at their schools.

Mattie

Sent from my iPhone

Wednesday, May 7, 2025

202425 Monthly Compliance Memo May #354

Dear Athletic Staff

Here is the link for the Monthly Compliance Memo for May #354


Topics Covered
  • What is needed to issue athletic aid to a recruit
  • Summer Workouts for Fall Championship Sport Rules
  • Summer Workouts for Individual Sports - Acrobatics - Track - Cross Country  - Golf - Tennis
  • Renewal - Non Renewal - July 1 - I will have the list to every coach by May 25
  • Recruiting
    • Football is Quiet the entire Month of June - no off campus recruiting
      • camps are legal during that time
    • Hoops is Quiet june 1-14 - No Off Campus Recruiting
      • camps are legal during this time
  • D1 Rule to know for your next best Job - Hoops on Campus Evaluation = Tryout 
Hope this information is helpful

Sean McAndrews, MA
Associate AD Senior Compliance, Administration
3047664122 office
West Virginia State University
MEC CHARTER MEMBER

https://ncaad2rules.blogspot.com/


"Experience is what you get, when you don't get what you wanted" 

Randy Pausch CMU Last Lecture


Please report IT, COL and Physical Facilities issues by sending an email with complete information to the appropriate address:


Tuesday, April 29, 2025

Register for May 20 Knight Commission meeting with NCAA President Charlie Baker



---------- Forwarded message ---------
From: Knight Commission <perko@knightcommission.org>
Date: Tue, Apr 29, 2025 at 11:57 AM
Subject: Register for May 20 Knight Commission meeting with NCAA President Charlie Baker
To: <mcandrse@wvstateu.edu>


May 20 Knight Commission Public Meeting

Join Us In-Person or Via Zoom


Tuesday, May 20, 2025

Session 1 9:30-10:45 a.m. ET

Session 2 11:00 a.m.-12:30 p.m. ET


Marriott Indianapolis Downtown, Ballroom 8-10

350 West Maryland Street, Indianapolis, Indiana 46225

CLICK HERE TO REGISTER

SESSION 1 | 9:30-10:45 AM ET

A Conversation with NCAA President Charlie Baker


Division I college sports is experiencing the most significant changes in its history. A discussion with NCAA President Charlie Baker will highlight key priorities for implementing a new Division I model with continued focus on college athlete success and well-being.


SESSION 2 | 11:00 AM-12:30 PM ET

The Future of Collegiate Olympic Sports in a New Era for Division I


Experts will discuss the current role of collegiate sports in the Olympic sports ecosystem and explore potential policy changes, different competitive structures, and/or new incentives to encourage universities to continue to offer broad-based sports opportunities. The session will also examine how changes to Division I scholarships and potential significant increases in direct athlete financial benefits in select sports might impact collegiate Olympic sports.


PANELISTS

  • Bubba Cunningham, Board of Directors, U.S. Olympic & Paralympic Committee; Director of Athletics, University of North Carolina, Chapel Hill
  • Jaime Gordon, CEO, American Volleyball Coaches Association
  • Rocky Harris, Chief of Sport & Athlete Services, U.S. Olympic & Paralympic Committee
  • Victoria Jackson, Sports Historian and Clinical Associate Professor of History, Arizona State University
  • Max Siegel, CEO, USA Track & Field
CLICK HERE TO REGISTER

Knight Commission on Intercollegiate Athletics | knightcommission.org

Knight Commission | 2850 Tigertail Avenue Suite 600 33133 | Miami, FL 33133 US

Unsubscribe | Update Profile | Constant Contact Data Notice

Constant Contact