Originally Posted by cyingreen
--Dodds said Texas is in favor of sharing revenue from Tier 1 TV rights to help build stability into the conference. Orangebloods.com reported nearly a month ago that Texas was willing to end the unequal revenue sharing that has ruled the conference for all of its 16 years.
Orangebloods.com - Dodds relieved Big 12 can move forward
The league already has equal revenue sharing in the Tier 2 agreement signed in April with Fox for 13 years and $1.17 billion.
But I would give up hoping on the LHN revenue sharing. For one, it was part of the deal that kept them in the B12 last year.
They have put years and millions into developing the LHN which finally came about.
Texas also is free to continue pursuing its own TV network.
Television deal allows Big 12 to survive; Pac-10 needs new plan - USATODAY.com
"UT has done its due diligence on this. They've been looking at it for years. They've got a great number of large markets in which they are the No. 1 team," said A.J. Maestas, president of Navigate Marketing, a Chicago-based firm whose services include helping colleges assess the potential value of marketing and media rights.
Plus out of the 15 million per year, 4 million goes back to IMG. so it leaves 11 million. Out of that, 5 million goes back to the Academic side of the School for the next 5 years.
Orangebloods.com - Armageddon in college realignment looming?
The $300 million, 20-year contract Texas signed with ESPN has become important to UT's board of regents, sources said, because in an age of higher education cutbacks, UT athletics is contributing $5 million per year to academics in the first five years of the deal.
Which leaves 6 million. I do not see the University of Texas giving up 5 million in academics so even if they divided the rest up equally, it wouldn't be that much to the schools.
Basically they might as well ask for equal revenue on T-shirt sales seeing that the LHN will be watched by UT fans and subscriptions paid for by UT fans.