UH releases its contract with the Big 12
The University of Houston signed an agreement to join the Big 12 on September 10, 2021. That same day, GoCoogs.com requested all contracts between the University and the Big 12, wanting to understand what UH agreed to and what the school's financial obligations are to the conference. The...
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A few interesting notes on what the new members are signing up for:
- Houston will join on July 1, 2024, or an earlier date agreed upon by UH and the conference. The school will be bound to a “grant of rights” (for broadcast, bowl, and NCAA revenues) beginning that day.
- UH deposited $2,500,000 with the conference upon execution of the agreement. The conference put it in a money market account, and UH will recover its earnings upon entering the league.
- Beginning on July 1, 2025, Houston will participate fully in conference revenue distribution.
- The copy of the 2019 grant of rights amendment shared with UH shows that eight schools executed the amendment while two did not, Texas and OU. OU signed a consent to the amendment, but UT did not.
