May 16, 2013, 2:10 PM EDT
The Big Ten’s tax returns are in, and it’s safe to say that, as we all suspected, the league is loaded:
The Big Ten’s return showed the conference with more than $315 million in revenue for the fiscal year ending June 30, 2012.
The Big Ten, which increased its annual revenue by more than $50 million in 2012, had total revenue that was $42 million more than the Southeastern Conference reported for a fiscal year ending Aug. 31, 2012.
That comes from a report in USA Today, who also dug up Jim Delany’s compensation: he made $2.8 million in the 2011 calendar year.
For being a conference commissioner.
That’s a record, by the way. So is the total revenue the Big Ten brought in.
It’s a good thing that we’re protecting the sanctity of the student-athletes that are generating these record amounts of millions of dollars by keeping them poor, living off of a scholarship.
You can find Rob on twitter @RobDauster.
- VCU’s Treveon Graham: From lightly recruited to leader of Havoc, the Atlantic 10 favorites 0
- Top 25 Countdown: No. 7 North Carolina Tar Heels 1
- Dayton’s Elite 8 run, Archie Miller’s decision to stay help continue Atlantic 10’s success 1
- 2014-15 Season Preview: Jahlil Okafor, Frank Kaminsky lead a strong crop of big men 1
- 2014-15 Season Preview: Toledo looks to end a 35-year NCAA Tournament drought and rep the MAC 0
- Top 25 Countdown: No. 8 Texas Longhorns 1
- 2014-2015 Season Preview: Stanley Johnson, Sam Dekker lead wing forward rankings 1
- Five-star 2015 power forward down to five schools (2)
- Roy Williams says he was ‘dumbfounded’ following Kenneth Wainstein’s report (VIDEO) (2)
- Hawaii considering its options regarding NCAA investigation of basketball program (2)
- VCU’s band ‘The Peppas’ will be doing Haka War Chants this year (VIDEO) (2)
- Mark Emmert calls UNC scandal ‘troubling’, ‘disturbing’, ‘shocking’ (2)