What Michigan Would Gain by Leaving the Big Ten

The Big Ten's distribution of $1.37 billion to its 18 members in the fiscal year ending June 30, 2025, highlights its financial clout. Michigan, Ohio State, and Penn State, which led the conference with $91.57 million, stand to gain significantly more by becoming independent. According to ESPN analyst Dan Wetzel, these three could increase their media revenue by 2-3 times by avoiding sharing money and having control over their TV times.

The 18-team Big Ten is considered bloated, distant, and offers little competitive value for the biggest brands. Wetzel believes Michigan, Ohio State, and Penn State could build a scheduling agreement that would benefit them financially and allow them to play eight or nine home games. This model is similar to Notre Dame's situation, which has a guaranteed playoff spot, freedom to schedule as it wishes, and the ability to maximize its own media value.

Notre Dame's success under a 24-team bracket demonstrates that Michigan and Ohio State could achieve similar results by leaving the Big Ten. The grant of rights is the key barrier to independence, and Michigan has stated that this decision will not be made before 2036.