Baylor will be receiving just 75 percent of what other Big 12 teams receive from the conference for the near future.
The Big 12 said Wednesday that its board of directors had voted “unanimously” to withhold 25 percent of the league’s revenue distribution to the school “pending the outcome of third-party verification review of required changes to Baylor’s athletics procedures” and the governance of its athletic department.
“The Board is unified in establishing a process to verify that proper institutional controls are in place and sustainable,” Oklahoma president and Big 12 board chair David Boren said in a statement. “Effective immediately, the Conference is withholding 25 percent of Baylor’s share of any future revenue distribution until the proper execution of controls is independently verified. By taking these actions the Board desires to ensure thatRead More »from Big 12 withholds 25 percent of Baylor's league revenues