NCAA is Voting to Kill Expansion Big 12: Revenue Sharing Drops Iowa State, Houston, UCF and More

Locked On Big 12 | Daily College Football & Basketball Podcast

Per reporting from Pete Thamel, sources indicate that the top-end revenue share number per school, once determined, would be approximately $20 million annually, although this remains unsettled. The leaders of college sports are involved in "deep discussions" to reach a legal settlement that would likely lay out the framework for sharing revenue with athletes in a future NCAA business model, sources told ESPN.

Texas A&M athletic director Trev Alberts recently told the Bryan-College Station Eagle that schools could be adding $15 million to $20 million to their budgets annually for what he termed a "new expense category" in college athletics. Whatever number is set by the settlement, individual schools will be able to opt in to share revenue up to that number with their student athletes at their discretion. (They could choose to share less, but not more.)

The NCAA and its power conferences are defendants in an antitrust class action lawsuit, House v. NCAA, which argues that the association is breaking federal law by placing any restrictions on how athletes make money from selling the rights to their name, image, or likeness. The case is scheduled to go to court in January 2025.

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