Also, part of the revenue sharing will be based on the NCAA's academic progress report scores. Teams that do not reach 930 APR will lose out on a portion of revenue received by a conference.
The BCS group is currently in contract negotiations with ESPN for the TV rights to the new postseason system. Sports Business Journal reported last week the network has offered $7.2 billion for 12 years.
"We're getting close to the end," BCS executive director Bill Hancock said. "I'm not able to give you a lot of hard facts about it. But we've had productive negotiations so far and I think they will continue."
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