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Big 12 reports $365M revenue, increases for 12th year in row

Related Topics: Revenue, Dallas

IRVING, Texas — The Big 12 Conference had another record revenue year, and the money is expected to keep increasing in the near future.

In wrapping up its spring meetings Friday, the league announced revenue of nearly $365 million for the 2017-18 academic year. That is the 12th consecutive increase for the league.

"We take a look projecting out in the future, we have a very healthy revenue picture, but more importantly we have very healthy institutions working very hard to be together," said West Virginia President Gordon Gee, chairman of the league's board of directors.

For each of the league's 10 schools, that is an average of about $36.