Report: CFP Payouts Include Big Ten, SEC Schools Making $21M; Notre Dame to Get $12M

Notre Dame and the 10 FBS conferences have agreed to the next College Football Playoff contract that will begin in 2026, according to ESPN's Heather Dinich and Pete Thamel.

As part of the agreement, the expected payouts for each conference under the next contract are expected to be massive, with the Big Ten and SEC benefitting the most from the new agreement.

SEC and Big Ten programs will make more than $21 million annually, which is "up from the nearly $5.5 million the Power Five leagues are currently being paid," according to ESPN.

Schools in the ACC will make more than $13 million per year, and Big 12 programs will make more than $12 million annually, ESPN added. Notre Dame, which competes…