All schools get 40% of TV revenue and other 60% goes to schools based on viewer numbers over rolling 5 year period. Basketball will be factored in at smaller %. Grant of Rights exit fees decrease significantly after 2030.
The specific financial figures for schools to get released from the grant of rights were not readily available. But the total cost to exit the league after the 2029-30 season is expected to drop below $100 million, sources said. Retrieved from article.