The Big Ten Conference has established a new benchmark in the how-high-is-up world of college sports finance: It recorded nearly $759 million in revenue during its 2018 fiscal year.
The figure, which far exceeds any comparable annual figure for a college sports conference, was revealed in a new federal tax return that the conference provided Wednesday in response to a request from USA TODAY. It is a year-over-year revenue increase of 48 percent, with the conference reaching $512.9 million in fiscal 2017.
Maryland’s loan from the Big Ten in fiscal 2018 was just under $31 million. When added to its revenue share of $26.1 million, this means Maryland received more money from the Big Ten in 2018 than any school. But it also means Maryland has been loaned more than $66 million during its first four years in the conference, and its future revenue shares will be adjusted accordingly.
Rutgers’ loan from the conference -- $14 million -- is its first. Rutgers’ revenue share for 2018 was $11.7 million.