The Big 12 will return in excess of $10 million to Baylor University's athletic department, a sum of money withheld by the league beginning in early 2017, SicEm365’s David Smoak and Ashley Hodge have learned from multiple sources.
The net amount Baylor will receive from the league was a little over $14 million less legal fees and a fine levied by the league.
In February of 2017, as voted on by the league’s board of directors, the league unanimously agreed to withhold 25 percent of Baylor’s revenue distribution until the university showed proper advancements in the aftermath of its well documented sexual assault scandal.
In October of 2018, after a verification of implementation of 105 recommendations from Pepper Hamilton, the law firm that conducted a nine-month investigation into the school and its processes, the league fully reinstated the University’s revenue distribution.
Baylor then immediately returned to “full participation in future conference revenue distributions.” The school was fined $2 million by the league.
“The Verification Team is of the opinion that Baylor has in all material respects structurally completed and practically implemented the (105 Pepper Hamilton) Recommendations as of the date hereof. Whether the recommendations that require future action or are aspirational in nature will continue to be implemented in a sustainable manner will only be verifiable over time,” the league’s “Verification Report” said.
The 25 percent withheld amounted to $14,255,000. Legal costs associated were reimbursed and the remaining was invested for the following four years with net earnings distributed to all active Big 12 schools to support a variety of causes.
February of 2022 marks five years from the initial withholding of revenue.



