The payouts include all conference and NCAA revenue, e.g. conference championship & basketball tournament, CFP, March Madness distributions, bowl payouts, etc. It looks like aggregate conference revenue varies a lot year to year based on what bowls they get (NY6 vs. other). The distribution within the conference varies an enormous amount too (again, likely tied to television appearances, bowl revenue, etc).

“The AAC also reported $22.726 million in revenue from television and radio rights through its deals with ESPN and CBS Sports.
UCF led the way in payouts. The Knights were followed by Cincinnati ($6.04 million), USF ($5.615 million), Memphis ($4.685 million), Temple ($4.45 million), Houston ($4.354 million), Tulane ($3.608 million), East Carolina ($3.338 million), SMU ($3.297 million), Tulsa ($3.290 million), Navy ($1.978 million) and UConn ($1.08 million).”