Ohio State’s athletic department had a total revenue of $185.4 million in 2016-17, the highest figure in the Big Ten, according to Cleveland.com’s Richard Exner. Michigan ($185.2 million) had the second-highest revenue in the conference.
Exner received financial details from 13 of 14 Big Ten programs for the report, with Northwestern refraining to disclose its information. Maryland, Rutgers and Nebraska, the three most recent additions to the conference, did not receive full shares of Big Ten revenue for this reporting period. Nebraska was projected to receive $51 million in payouts for 2017-18, its first year of receiving a full Big Ten revenue share.
In total, the programs combined to have revenue of nearly $1.7 billion in 2016-17.
Ohio State took in $61,560,351 from ticket revenue and $37,612,937 from other contributions. The department spent $20,071,376 on scholarships for 1,011 athletes over 36 teams and $31,837,126 on coaching pay and benefits. Football coach Urban Meyer was paid $5,481,843, more than a fourth of all money spent on athletic scholarships.