Big Ten Roundup: Summer Basketball Practices Begin; Five Schools Rank Top 15 in Revenue

Zach Edey had big plans in mind when he withdrew from the NBA Draft and returned to Purdue, but not just for himself.

"I didn't come back to be the back-to-back National Player of the Year," Edey said Wednesday. "Obviously that's something I'll try to do and something that's a great honor to be even a one-time National Player of the Year, but that's not the reason I came back. The reason I came back is to compete with these guys, win basketball games and have a lot of fun, honestly."

As a projected second-round pick, which doesn't always come with a guaranteed contract, Edey felt his money-making opportunities at Purdue would be similar to the NBA, now that college athletes can profit from their name, image and likeness. And with a potentially limited role in his first year in the NBA, the opportunity to return to a reloaded Boilermakers roster was too good to turn down.

Purdue began formal summer practices on Wednesday, and the 7-foot-4 Edey rejoined a largely-similar squad. Aside from Brandon Newman transferring to Western Kentucky and David Jenkins Jr. graduating, Purdue returns seven of its top nine scorers from a team that won the Big Ten regular season and tournament titles. Hungry to avenge a first-round NCAA Tournament exit last year, Purdue has a chance to win the Big Ten and earn a No. 1 seed again in 2023-24.

Feels good to be back out here. pic.twitter.com/0Sgn7AOAlM
— Purdue Men's Basketball (@BoilerBall) June 14, 2023

Elsewhere in Indiana, coach Mike Woodson began summer workouts in early June, and his team is on the opposite end of the continuity spectrum than Purdue. The Hoosiers lost first-team All-American Trayce Jackson-Davis and Big Ten Freshman of the Year Jalen Hood-Schifino, as well as starters Miller Kopp and Race Thompson, plus off-the-bench contributors Tamar Bates and Jordan Geronimo.

To rebuild Indiana's roster, Woodson brought in a three-man freshman class, highlighted by top-10 recruit Mackenzie Mgbako. Woodson landed three players through the transfer portal, including 7-footer Kel'el Ware from Oregon, who's ranked No. 2 among all transfers, according to 247Sports.

The Hoosiers will certainly look different than last year, but point guard Xavier Johnson, who's back for a sixth year after receiving a medical waiver, is excited about the possibilities.

"We'll be more athletic than last year's team," Johnson said. "It's hard to compete with Trayce's athletic ability, but I think Kel'el is up there because he's 7-foot and he can actually jump out the gym, as well as he can spread the floor. Mgbako, he can shoot, he can score at all three levels ... We have some pretty solid pieces coming in."

Day one is done. ✓ pic.twitter.com/e7Pu0Jj88q
— Indiana Basketball (@IndianaMBB) June 7, 2023

Getting it going. 💥 pic.twitter.com/WhXxezkSpS
— Indiana Basketball (@IndianaMBB) June 6, 2023

College athletics financial report

USA Today Sports released a report with revenue and expenses for the 2022 fiscal year. Ohio State topped the revenue charts with over $250 million, followed by four additional Big Ten schools in the top 15.

Top 15 in total revenue:

Ohio State: $251,615,345
Texas: $239,290,648
Alabama: $214,365,357
Michigan: $210,652,287
Georgia: $203,048,566
LSU: $199,309,382
Texas A&M: $193,139,619
Florida: $190,417,139
Penn State: $181,227,448
Oklahoma: $177,320,217
Auburn: $174,568,442
Michigan State: $172,799,513
Indiana: $166,761,471
Virginia: $161,916,231
Florida State: $161,141,884

Top 15 in total expenses:

Ohio State: $225,733,418
Texas: $225,153,011
Alabama: $195,881,911
Michigan: $193,559,375
LSU: $192,770,399
Texas A&M: $177,671,900
Oklahoma: $175,997,457
Florida: $174,365,070
Penn State: $170,542,050
Georgia: $169,026,503
Tennessee: $157,108,637
Michigan State: $156,449,795
Kentucky: $153,621,183
Auburn: $151,590,763
Iowa: $151,144,861

To read more on the methodology behind these numbers, CLICK HERE.