December 21, 2020
The financial picture for Nebraska athletics is not as bad as originally feared this tumultuous year, thanks largely to an improved outlook for Big Ten Conference media revenue sharing.
Athletic department officials have been mostly mum since the onset of Covid-19 about the size of the TV payout this year from conference revenue sharing, which amounted to $54 million last year.
But John Jentz, the athletic department’s chief financial officer, said the conference recently provided an update on projected revenues from media rights for the current fiscal year. Jentz called the outlook “encouraging.”
Big Ten teams will make around $42 million in 2020-21 in TV media rights money. (University of Nebraska)