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Money Talk: How College Sports Make (and Share) Millions

USASaturday, May 23, 2026

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The Money Game: How College Sports Leagues Are Splitting Billions

The financial arms race in college sports just got more intense.

This year, two major leagues—the ACC and Big 12—released their revenue tallies, revealing record-breaking payouts. But while they celebrated their growth, the numbers underscored a harsh reality: the gap between the "have-it-alls" (Big Ten and SEC) and the rest is widening.

The ACC hauled in $826.5 million, while the Big 12 brought in $610.9 million—both all-time highs. Yet, the SEC and Big Ten blew past the billion-dollar mark, leaving their rivals in the dust.

How the Money Flows—and Who Gets Left Behind

ACC: Bigger Pool, Uneven Splits

  • 14 schools averaged $47.1 million each—up from last year.
  • Newcomers (California, Stanford, SMU) received just $19.9 million—a fraction of what established members got.
  • Notre Dame, still playing football as an independent, walked away with $18.1 million—essentially a "show-up fee."

Big 12: A Different Kind of Split

  • The league averaged $39.5 million per school—a slight dip from previous years.
  • New additions (Arizona, Arizona State, Colorado, Utah) took home $37.9 million to $43 million, proving newcomers can still land solid payouts.

The ACC’s Risky Play for More

Desperate to compete, the ACC introduced a "success initiative"—tying postseason payouts to performance. The gamble paid off:

  • Clemson banked $55.1 million—including extra cash for making the College Football Playoff.
  • SMU hauled in $17 million, boosted by its own playoff run.

The Big 12, meanwhile, has been reshuffling its lineup, adding schools like BYU and Houston—but those teams got smaller checks, around $20.8 million.

The Million-Dollar Question: Can the ACC and Big 12 Ever Catch Up?

The Big Ten and SEC aren’t just ahead—they’re in a different financial stratosphere, paying schools nearly double what the ACC and Big 12 can offer.

The newer leagues are fighting back—adding teams, tweaking payout rules, and chasing scraps of revenue. But with the SEC and Big Ten dominating media deals and expansion moves, the question looms:

Is parity in college sports an impossible dream?

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