Big Ten schools share 35 percent of all gate revenue from league games up to a $1 million ceiling and a $300,000 floor per game.
Iowa paid the league $3.715 million in revenue sharing for its four home games and received $2.95 million in return. Iowa ranked fourth among Big Ten schools in losing money because of football revenue sharing.
Penn State, Michigan and Ohio State contrib uted the $4 million maximum as they do every year. Wisconsin ($657,341) and Michigan State ($656,075) also lost money in revenue sharing.
It’s likely Nebraska, with its capacity exceeding 81,000 and weekly home sellouts, will infuse another $3.5 million to $4 million into the revenuesharing pot next year.
Schools receiving more in revenue sharing than they paid are Northwestern ($1.71 million), Indiana (nearly $1.3 million), Minnesota ($896,704), Purdue ($785,650) and Illinois ($539,539).
For the third straight year, Iowa received a pay check from the Big Ten based on its men’s basketball revenue-sharing policy. Schools contribute 25 percent of home gate revenue from league games with a $67,000 pergame ceiling and a $29,000 floor.
Iowa was one of three schools receiving more in revenue sharing than paying. Iowa took in $158,992, behind Northwestern ($214,647) and Penn State ($248,162).
Losing the maximum of $86,597 were Illinois, Indiana, Michigan State, Minnesota, Ohio State, Purdue and Wisconsin.