I beleive thats Texas profit from total football operations. The $43 million is just the SEC conference split from bowl games, TV contracts ,etc. Not what the schools bring in individually from ticket sales, concessions, gear sales, Nike type deals, etc. The payout is expected to grow to $65M with new TV deals; and will be more with Tex/Ok in the deal
Big bucks in play; they are not coming for a pay cut, take that to the bank.
I agree with what you said, so I looked further and found these numbers. According to these numbers, Tx. would have to take a $33 million cut to equal the top (Georgia) SEC team and a $61 million cut to equal the 2nd highest grossing football team in the SEC. These numbers are suppose to be the gross football income for the time period indicated. I'm not saying Tx wont get in the SEC, but they will have to take a pay cut to do so, if things remain the same. Of course, one of the things we can count on is .... things change.
The data below covers Fiscal Year 2018, running from July 1, 2018 through June 30, 2019.
Without further ado, here is the latest data according to the U.S. Department of Education.
Power 5 -- Top 15
1. Texas -- $156 million
2. Georgia -- $123 million
3. Michigan -- $122 million
4. Notre Dame -- $116 million
5. Ohio State -- $115 million
6. Penn State -- $100 million
7. Auburn -- $95 million
8. Oklahoma -- $94.8 million
9. Alabama -- $94.6 million
10. Nebraska -- $94.3 million
11. LSU -- $92 million
12. Tennessee -- $91 million
13. Wisconsin -- $90 million
14. Florida -- $85 million
15. Washington -- $84 million
