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.
- No. 2 Arizona, Sean Miller’s quest to reach Final Four once again falls short 0
- Andrew Harrison’s late free throws send No. 1 Kentucky to the Final Four 46
- Sam Dekker, Frank Kaminsky catch fire as No. 1 Wisconsin beats No. 2 Arizona 7
- Rick Barnes is no longer the head coach at Texas 11
- Frank Kaminsky’s growth results in individual and team benefits for No. 1 Wisconsin 3
- Tourney Snacks: Duke-Gonzaga, Louisville-Michigan State advance to Elite 8 11
- No. 1 Duke advances to Elite 8 with win over No. 5 Utah 2
- Andrew Harrison’s late free throws send No. 1 Kentucky to the Final Four (46)
- Kentucky’s John Calipari is the National Coach of the Year, and it’s not close (36)
- Kentucky responds to Daxter Miles Jr.’s pregame comments (30)
- Updated tournament records: Big Ten, SEC champions headed to Indy (25)
- West Virginia freshman on Kentucky: ‘They’re going to be 36-1′ (20)