NCAA Revenue Sharing & NIL Collectives – Big Ten Schools


Estimated NCAA Revenue Sharing 2025-26: Big Ten Schools

NCAA Revenue Sharing
estimates 2025-26 *
Annual
Revenue
22% of
Revenue
2025 Cap
Illinois 94,445,170 20,777,937 20,777,937
Indiana 102,392,473 22,526,344 21,000,000
Iowa 118,237,834 26,012,323 21,000,000
Maryland 82,283,284 18,102,322 18,102,322
Michigan 166,204,848 36,565,067 21,000,000
Michigan State 117,004,694 25,741,033 21,000,000
Minnesota 102,829,428 22,622,474 21,000,000
Nebraska 142,131,011 31,268,822 21,000,000
Northwestern ********
Ohio State 187,930,323 41,344,671 21,000,000
Oregon 112,696,955 24,793,330 21,000,000
Penn State 141,979,389 31,235,466 21,000,000
Purdue 98,227,839 21,610,125 21,000,000
Rutgers 76,561,314 16,843,489 16,843,489
Southern Cal ********
UCLA 81,961,661 18,031,565 18,031,565
Washington 102,064,858 22,454,269 21,000,000
Wisconsin 132,091,734 29,060,181 21,000,000
Average per School $ 116,190,176 $ 25,561,839 $ 20,359,707

* These are estimates of the maximum amount of Revenue sharing per school allowed under the proposed NCAA revenue sharing model scheduled to become effective for the 2025-26 fiscal year. Participation is optional, schools can elect not to share revenues with athletes or share revenues at an amount less than 22%. The annual cap of $ 21 million is the current estimate for the 2025-26 fiscal year. This cap is scheduled to increase to $ 33 million annually per school over the next ten years based on the proposed revenue sharing model. Revenue sharing is in addition to any NIL compensation and athletic scholarships received by athletes.

** Data is currently available only for public colleges & universities, detailed data is not currently available for private colleges & universities. See our Methodology page for a summary of our data sources and procedures.

Computed revenue includes event tickets and admission fees, TV, media and royalty rights, bowl game and event compensation and all related revenues. Revenue does not include funds from school support, student fees or unrecompensed (i.e. charitable) contributions to the athletic department from alumni and boosters.

Estimated NIL Collective Funding 2024-25: Big Ten Schools

Big Ten Conference 2023-24
Member Schools - 202314
Member Schools - 202418
Average Collective Funding per School 2023-24 * $ 10,687,228
Average Collective Funding per School 2024-25 *$ 9,725,407

Big Ten Conference Schools 2023-24:

School2023
Conf
2024
Conf
Collective
Funding *
Total
Support
Ticket SalesContributions
Illinois Big TenBig Ten $ 9,311,667 56,656,994 15,693,517 40,963,477
Indiana Big TenBig Ten $ 13,631,160 82,939,020 21,278,997 61,660,023
IowaBig TenBig Ten $ 9,698,730 59,012,087 26,416,829 32,595,258
MarylandBig TenBig Ten $ 3,735,112 22,726,352 12,735,792 9,990,560
MichiganBig TenBig Ten $ 16,357,054 99,524,766 55,266,135 44,258,631
Michigan State Big TenBig Ten $ 13,035,471 79,314,544 25,178,673 54,135,871
MinnesotaBig TenBig Ten $ 7,171,424 43,634,648 19,252,536 24,382,112
NebraskaBig TenBig Ten $ 7,973,918 48,517,435 38,946,701 9,570,734
Northwestern Big TenBig Tenn/an/an/an/a
Ohio State Big TenBig Ten $ 20,253,400 123,232,149 59,649,921 63,582,228
Oregon **Pac-12Big Ten $ 10,623,807 64,640,729 24,357,945 40,282,784
Penn State Big TenBig Ten $ 13,793,489 83,926,716 44,678,657 39,248,059
Purdue Big TenBig Ten $ 5,510,579 33,529,207 16,617,614 16,911,593
Rutgers Big TenBig Ten $ 3,624,816 22,055,252 13,049,333 9,005,919
Southern Cal **Pac-12Big Tenn/an/an/an/a
UCLA **Pac-12Big Ten $ 5,919,423 36,016,831 17,494,361 18,522,470
Washington **Pac-12Big Ten $ 9,406,794 57,235,798 29,198,790 28,037,008
WisconsinBig TenBig Ten $ 8,982,406 54,653,602 38,117,093 16,536,509

* See our disclosure of Methodology as to how these estimates were arrived at.

** Big Ten Blues? Why the Four Pac-12 schools joining the Big Ten this year may soon regret their decision.

Listing of Big Ten NIL Collectives  by School:

SchoolCollective(s)
Illinois ICON Collective
Indiana Hoosiers ConnectHoosiers For GoodHoosier Hysterics
IowaSwarm
MarylandOne Maryland CollectiveThe Best is Ahead Foundation Hard Shell CollectiveTurtle Athletic Foundation
MichiganChampions CircleStadium & MainHail! Impact 
Michigan State SD4LThis is Sparta!
MinnesotaDinkytown Athletes
NebraskaThe 1890 InitiativeBig Red Collaborative
Northwestern TrueNU
Ohio State The 1870 SocietyCohesion FoundationThe Foundation
OregonDivision StreetDucks Rising
Pennsylvania State Happy Valley United
Purdue Boilermaker Alliance
Rutgers Knights of The RaritanKnight Society
Southern CalHouse of VictoryConquest CollectiveThe TOMMY Group
UCLAMen of Westwood 
WashingtonMontlake FuturesMontlake Players1861 Foundation
WisconsinThe Varsity Collective

 

Additions or Changes? Contact us at: [email protected] 

Statistics compiled & edited by Patrick O’Rourke, CPA Washington, DC