Big 12 revenue eclipses $300 million mark

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When it comes to revenues, the SEC and Big Ten continue to set the pace and leave the rest of the competition in the dust. That said, the Big 12 saw a second straight sizable revenue bump, according to recent tax returns.

As reported by USA Today, the Big 12 recorded a revenue of $313 million for the fiscal year ending June 30, 2016 on its tax return. The figure is up roughly $40 million from last year’s revenue, and the conference has now doubled its revenue since the 2012 fiscal year amid conference realignment changes. As for the revenue shares for each Big 12 program, the numbers ranged from $28 million to West Virginia to $28.9 million for Oklahoma. This marked the first time West Virginia and TCU were eligible to receive their full conference revenue shares as Big 12 members.

The biggest reason for the big jump in revenue came from increased bowl revenue. The Big 12 pulled in $114.5 million in bowl revenue in 2016, which was just $74.5 million in 2015. The 2015 season, which was included in the fiscal year outlined by this tax return, saw Oklahoma advance to the College Football Playoff and Oklahoma State be selected to play in a New Years Six bowl game (Sugar Bowl), which led to a larger bowl game distribution for the Big 12. The previous year saw no Big 12 team in the College Football Playoff (TCU, Baylor).

The Big 12 still lags well behind the SEC. Most will, of course. The SEC announced a revenue of $584.2 million for the 2015-2016 fiscal year, with each SEC member receiving a revenue share of $40.4 million. The SEC and Big 12 are the only conference revenue numbers currently on record for the 2015-2016 fiscal year, but expect the Big Ten to be a solid second in the pecking order, with the ACC likely to come in front of the Big 12 and the Pac-12 to be toward the bottom of the pack.

Big 12 commissioner Bob Bowlsby had a pay increase as well. Bowlsby reportedly earned a little more than $2.6 million in 2015, earning more than $70,000 than the previous year.

Miami fires offensive coordinator Josh Gattis after 1 season

josh gattis fired
Reinhold Matay/USA TODAY Sports
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CORAL GABLES, Fla. — Miami fired offensive coordinator Josh Gattis on Friday, ending the former Broyles Award winner’s time with the Hurricanes after only one season.

The school announced the move in a one-sentence press release, with no other detail: “Josh Gattis has been relieved of his duties as offensive coordinator, Miami head football coach Mario Cristobal announced Friday,” read the release, sent from a university spokesman.

The Hurricanes went 5-7 in Gattis’ lone season. He was brought in by Miami only a few weeks after winning the 2021 Broyles Award – given to the nation’s top assistant coach – while serving as Michigan’s offensive coordinator and helping the Wolverines reach the College Football Playoff.

But Miami’s offense, for a number of reasons, failed to meet expectations in 2022. Part of that was injuries; starting quarterback Tyler Van Dyke battled a shoulder injury, and the Hurricanes turned to Jake Garcia – who has since transferred – and Jacurri Brown for much of the season.

Miami scored 100 points in its first two games last fall, overpowering Bethune-Cookman and Southern Miss. The Hurricanes averaged only 18.3 points the rest of the way, and finished the year 5-0 in games where the defense allowed no more than 14 points – but 0-7 when opponents scored more than 14.

Miami was 86th nationally in total offense last season, averaging 367.1 yards per game, and 97th in scoring offense.

Gattis played at Wake Forest and worked at North Carolina, Western Michigan, Vanderbilt, Penn State, Alabama and Michigan before coming to Miami.

Audit: LSU discovered $1M overpayment to Kelly in 2022

Kim Klement-USA TODAY Sports
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BATON ROUGE, La. – LSU accidentally overpaid Tigers football coach Brian Kelly by $1 million during the first year of a 10-year, $100 million contract, but discovered the error and has moved to correct it, the Louisiana Legislative Auditor’s office said Wednesday.

Kelly was overpaid $1,001,368 in supplemental payments in 2022 because duplicate payments made both to Kelly’s LLC and to the coach directly.

The double payments began in May and continued until LSU officials detected the errors in November.

“LSU management and the head football coach have enacted an adjusted payment schedule so the amount of overpayment will be recouped by the conclusion of fiscal year 2023,” the Legislative Auditor’s report stated.

Kelly, who previously coached at Notre Dame for 12 seasons, was hired by LSU after the 2021 season, when the Tigers went 6-7 for its first losing season since 1999.

LSU exceeded expectations in Kelly’s first season in Baton Rouge, winning the SEC West Division and finishing 10-4 after a 63-7 victory over Purdue in the Citrus Bowl.