Yes which doesn't kick in until 24-25.
I'm not a lawyer, but a Texas win doesn't do anything for UCF monitarily.
"Brett McMurphy of Action Sports reports that under the current media deal, the final annual revenue payout for the original eight and the former Pac-12 schools is estimated to be somewhere around $42 million in 2024-25, which would include payouts from the CFP, bowl games, and NCAA Tournament units. But for UCF, Cincinnati, Houston, and BYU, it’s still $19 million"
New additions could push annual revenue above $50M
www.blackandgoldbanneret.com