Rough, off the top of my head calculations say a baseline TV payout to all Big 12 teams starting in 2011 of about $11.5 million per school. Of course some schools will far exceed that based on their Tier 1 appearances.
That is just TV, that doesn't include Bowl Payout and NCAA tourney payout.
So, Texas, with their network will pulling down around a minimum of $26.5 million a year from TV.
Doesn't the new contract with FSN take effect with the 2012 football season? Meaning, for 2011 we'll still under the old FSN contract of $19.5 million per year. Then for 2012, the revenue from FSN will jump up based on the new contract. I could be completely off.
Even so, regardless of which year the new contract takes effect, it's amazing how much additional revenue K-State will get every year! Last June, the Big 12 distributed $139 million. Of that, $80 million was from TV contracts, and the remaining $59 million came from other sources (conf bball tourney, NCAA tourney, bowls, corp sponsors, etc). With the new FSN contract, we'll be getting $150 million per year in TV revenue and probably about the same amount of misc other revenue. Could the Big 12 distribute more than $200 million to it's members??? Since it's not 100% equal sharing, we'll still probably be below $20 million for our cut, but it's still a HUGE upgrade from where we were.