The latest federal tax return of the Big Ten Conference for the 2018 fiscal year showed it had a very good year financial-wise. In fact, it earned almost $759 million in the fiscal year. The figure surprised most sports news outlets. In addition, the amount is a 48 percent increase in year-over-year.

The federal tax return showed Big Ten Conference commissioner Jim Delany got more than $5.5 million for the 2017 fiscal year. That amount was a record for the conference according to news reports.

Most of the revenue came from new TV deals that took effect at the beginning of the 2017-18 school year. As a result, the 12 longest-standing members of the conference got around $54 million each. Rutgers and Maryland got a smaller revenue share. However, both schools got loans from the conference against their future shares.

Big Ten Conference and other Conferences Earnings

Sportsbook Reports: Big Ten Conference Earns $759 Million in 2018Southeastern Conference told sportsbook pay per head providers that they earned $660 million for the 2018 fiscal year. As a result, the member school got $43.7 million each except or Mississippi. The school didn’t get a full share due to the banning of its football team from the postseason. In addition, Big 12 earned $374 million for the 2018 fiscal year.

Big Ten Conference has a new basic per-school share. Programs get more money from one source compared to other Division I athletics departments. At present, there are more than 170 public school programs with less than $54 million in revenues.

Delany’s compensation is more than what Larry Scott got from being the commissioner of the Pac-12 in 2016. In addition, Scott continued to benefit from a $1.9 million loan he got from 2010. On the other hand, Delany’s base salary in 2017 was $2.25 million. It was around $125,000 more than what he received the previous year, according to pay per head sportsbook reports.