Iowa's attendance bump leads to lower Big Ten gate revenue sharing

Iowa's men's basketball program received a $71,846 profit in Big Ten gate revenue sharing for the 2010-11 season, according to documents provided by the University of Iowa to SourceMedia Group.

Big Ten schools annually send 35 percent of home gate revenue generated from league games to the Big Ten office. That money, which totalled $5,680,430 last season, then is dispersed evenly among league schools. There is a $67,000 per-game ceiling and a $29,000 per-game floor.

Iowa was one of only four Big Ten schools to make money in revenue sharing. Iowa paid in $450,801 and received $522,647. Penn State earned the most in revenue sharing with a $255,396 boost followed by Northwestern ($190,411), Iowa and Michigan ($44,822).

Because of a sizable bump in basketball attendance, Iowa's revenue-sharing number was cut by more than half from the 2009-10 season. Iowa paid in $357,411 that season and received $516,403, which netted a program-high profit of $158,992 in Big Ten gate revenue sharing.