Think being a member of a Bowl Championship Series conference means sharing the wealth equally? Think again. Iowa State athletic director Jamie Pollard is upset with the way the Big 12 divides its television revenue.
At the conclusion of the recent Big 12 meetings in Colorado Springs, Pollard urged his fellow athletic directors to split the revenue equally among members, much like the way business is conducted in the Big Ten.
Pollard appears to have a point. The Omaha World-Herald obtained the Big 12's most recent Internal Revenue Service filings from 2005-06. It showed that Texas was allocated the most money from TV revenue ($9.68 million). Kansas State received the least ($6.47 million). That's a top-to-bottom gap of $3.21 million.
"You're only as good as your weakest link," Pollard said.
The reason for the difference is that only half of Big 12 TV revenue is divided equally. The other half is put in an "appearance pool." Teams earn units of credit for every football TV appearance and for basketball nonconference TV games.
Pollard, who came to Iowa State from Wisconsin, says the Big 12 system is broke and needs to be fixed. He says the Big Ten's decision to share equally has helped build it into the premier league in the country.
"That is a big reason that they have grown their brand as strong as they have," he said.
Thanks to the Midwest Correspondent.