IRVING, Texas (AP) — Big 12 schools will share in a record $470 million in revenue distribution, the conference announced Friday when wrapping up its first spring meetings as a 14-team league and before growing by two more teams.

While the 10 full-share members will get smaller amounts than they got last year because of the addition of the four schools that joined the league for the 2023-24 academic year, Commissioner Brett Yormark said the conference is more relevant than it has ever been.

“We went stability as a conference and we felt it was investing in all the right ways and for all the right reasons,” Yormark said. “Clearly that was the right one for this conference as we think about where we’re going.”

First-year members BYU, Cincinnati, Houston and UCF each will get partial shares of about $18 million each. That leaves about $398 million to be split among the league’s other 10 schools, including Oklahoma and Texas before they move this summer to the Southeastern Conference.