India, Dec. 7 -- Texas Tech beat BYU Cougars 34-7, winning the Big 12 Championship game on December 6. They've now made the College Football Playoff.

Texas Tech reportedly spent $25 million building the team roster and many might be wondering how much they will get from their win.

Here's an explanation of the prize breakdown after winning the Big 12 Championship game.

Teams do not get any prize money for winning conferences. Those who win the national championship also do not get any prize money.

Thus, there is no money specifically set aside for the winner of the Big 12 Championship game, in this case, Texas Tech. However, this does not mean they'll go home empty handed.

All revenue is pooled at the conference level and then member ...