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SEC Announces Revenue Payouts: $45 Million Each Team

Guardman

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Snippets:

"$657.7 million of total revenue was divided among the 14 universities of the Southeastern Conference for the 2019-20 fiscal year, which ended August 31, 2020.

The total includes $637.7 million distributed from the conference office, as well as $20.0 million retained by universities that participated in 2019-20 football bowl games to offset travel and other related bowl expenses.

The average amount distributed from the conference office, excluding bowl money retained by participants, was slightly over $45.5 million per school.

The total distribution amount is comprised of revenue generated from television agreements, post-season bowl games, the College Football Playoff, the SEC Football Championship, the SEC Men's Basketball Tournament, NCAA Championships and a supplemental surplus distribution.

The distribution amount does not include an additional $6.1 million of NCAA and SEC grants divided among the 14 member universities.

The total revenue for 2019-20 is an increase above the $651.0 million distributed in 2018-19. The average per school distribution increased from $44.6 million in 2018-19, not including bowl money retained by participants."


 
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