Penn State to earn record Big Ten payout

The Penn State athletic department will be collecting a slightly bigger check from the conference this year. Stu Durando of St Louis Today is reporting that Illinois and fellow B1G schools will receive its largest payout from the conference to date. The conference will pay Illinois a record $22.6 million, with $7.9 million coming from the network, according to figures provided by the university. And because of the Big Ten’s balanced revenue-sharing system the St Louis Today numbers can be applied to every other conference member with the exception of Nebraska who won’t earn a full share until 2017. So thanks to the continued success of the Big Ten Network, Penn State and its fellow conference brethren will reportedly be receiving close to $22.6 million this year from the Big Ten. A truly staggering sum that dwarfs the $18.3 million SEC schools will reportedly earn and the $12 million Big 12 members will receive on average (Big 12 does not share revenue equally among its ...