The Big Ten Conference held a narrow edge over the Southeastern Conference in revenue for the second straight year, and the Atlantic Coast Conference again ranked a distant third among the five most powerful leagues in college athletics, according to tax filings released this week.
The five leagues combined to generate $3.55 billion in the 2022-23 fiscal year, with the Big Ten reporting revenue of $879.9 million compared with $852.6 million for the SEC. The ACC’s revenue increased the most, going from $617 million in 2021-22 to $707 million.
The Pac-12 Conference, which will lose 10 of its current 12 members to other conferences starting with the 2024-25 school year, generated $603.9 million. The Big 12 Conference was fifth at $510.7 million.
June 30 was the end of the 2022-23 fiscal year for the ACC, Big 12, Big Ten and Pac-12, while the SEC’s fiscal year ended on Aug. 31.
The details were disclosed in the same week all five conferences and the NCAA agreed to pay a total of $2.8 billion to settle antitrust litigation that is expected to also lead to the creation of an unprecedented revenue-sharing system in which schools will directly pay their athletes for the first time.