When Missouri officially left the Big 12 in 2012, then-interim Big 12 commissioner Chuck Neinas said in a new release that “I personally believe this decision is a mistake and that Missouri is a better fit in the Big 12.”
Well, Chuck, five years later, the Missouri family would respectfully disagree.
The Kansas City Star reported Monday that Missouri athletics revenue reached a record $97.3 million during the 2016 fiscal year. It is the second year in a row the university has hit a record high for revenue ($91.2 million for 2015 fiscal year).
Yes, expenses rose by 8.6 percent, according to The Star report, largely because of the introduction of cost-of-attendance stipends.
According to a recent USA Today story, the SEC made $527.4 million in its first year of the SEC Network. And last spring, the SEC announced that its 14 member schools would receive about $31.2 million each as a result from the network’s revenues.