Leicester's fairytale campaign saw them finish 10 points clear at the top of the table but television revenue meant the Foxes still pocketed less than Arsenal, Tottenham, Manchester City and Manchester United.
Arsenal were the biggest earners, their £100,952,257 million making them the first club in history to receive more than £100m from the Premier League.
Claudio Ranieri's side took £93,219,598, including just over £24.8m for winning the title, but almost £9m less than Arsenal in "facility fees" as only 15 of their matches featured live on television, 12 fewer than the Gunners.
Leicester's total, however, amounts to £21.6m more than they earned for the 2014-15 season when they finished 14th.
Tottenham also pipped the champions, earning a total of £95,222,320, although Spurs' final-day capitulation to Arsenal cost them an extra £1.2m they would have made for coming second.
Manchester City earned just under £97m and Manchester United only slightly less with a little over £96.4m
Bottom-club Aston Villa still took £66.6m.
The rules of the 2015-16 season mean that 50 per cent of UK broadcast revenue was split equally, ensuring the 20 clubs banked £21.9m each.
Overseas television revenue and central commercial revenue were also divided across the teams, paying out another £29.4m and £4.5m respectively to every top-flight club.
Teams then received different 'merit payments' depending on their placing - spanning from £24,848,100 for Leicester to 1,242,405 for Villa - and 'facility fees', which is dictated by the number of times they appeared live on television.
Leicester are predicted to pick up an extra £50m from playing in the Champions League next season while on average clubs are expected to earn an additional £40m each as the new £5.136bn television deal kicks in.
Source : PA
Source: PA