The Big 12 announced last week that it distributed $388 million equally to its 10 institutions, including Oklahoma State. This was out of about $418 million in revenue generated by the conference.
“Of that money we took in, we distributed about 93 percent, said Big 12 commissioner Bob Bowlsby. “We took about 7 percent for conference overhead to run our championships and do the things we do. A big chunk of that was legal fees, but we are an efficient organization.
“I think 93 percent is the highest percentage of distribution in all of college athletics so we feel good about that.