SEC will distribute $292.8 million in revenue
May, 30, 2014
By Edward Aschoff | ESPN.com
The SEC might not have won its eighth straight BCS national title, but the league got richer following the 2013 season.
Just before league commissioner Mike Slive left Destin, Florida, and this year's set of SEC spring meetings, he announced that his beloved conference will distribute a record $292.8 million of revenue among its 14 schools. Last year, the league distributed $289.4 million among its 14 schools, which was also a record for the league.
For those of you counting at home, that's roughly $20.9 million that each school will receive from the league office, which is around $200,000 more than they brought in last year.
There's also $16.8 million that will be retained by the 10 schools that made it to bowl games and another $1 million from the NCAA for academic advancement that will be distributed among all 14 schools. So outside of the cool million from the NCAA, the SEC as a whole brought in $309.6 million.
That's a ton of money and it really does put in perspective where the league was back in 1980, when the SEC distributed just $4.1 million to its teams. The conference didn't even make it past the $100 million-mark until 2003 ($101.9 million).
Add the fact that the SEC Network is coming (Aug. 14), and the SEC is due to make even more going forward.
Section Of Kyle Field Imploded For Renovations
Final Nevada 3 Louisiana-Lafayette 16 Final Utah State 21 UTEP 6 Final 22 Utah 45 Colorado State 10 Final Western Michigan 24 Air Force 38 Final South Alabama 28 Bowling Green 33
6:00 PM ET Marshall Northern Illinois 9:30 PM ET Navy San Diego State
12:00 PM ET Central Michigan Western Kentucky 8:00 PM ET Fresno State Rice
1:00 PM ET Illinois Louisiana Tech 4:30 PM ET Rutgers North Carolina 8:00 PM ET North Carolina State UCF
1:00 PM ET Cincinnati Virginia Tech 2:00 PM ET 15 Arizona State Duke 3:30 PM ET Miami (FL) South Carolina 4:30 PM ET Boston College Penn State 8:00 PM ET Nebraska 24 USC
2:00 PM ET Texas A&M West Virginia 5:30 PM ET Oklahoma 17 Clemson 9:00 PM ET Arkansas Texas
3:00 PM ET Notre Dame 23 LSU 6:30 PM ET 13 Georgia 21 Louisville 10:00 PM ET Maryland Stanford
12:30 PM ET 9 Ole Miss 6 TCU 4:00 PM ET 20 Boise State 10 Arizona 8:00 PM ET 7 Mississippi State 12 Georgia Tech
12:00 PM ET 19 Auburn 18 Wisconsin 12:30 PM ET 8 Michigan State 5 Baylor 1:00 PM ET 16 Missouri 25 Minnesota 5:00 PM ET 2 Oregon 3 Florida State 8:30 PM ET 1 Alabama 4 Ohio State
12:00 PM ET Houston Pittsburgh 3:20 PM ET Iowa Tennessee 6:45 PM ET 11 Kansas State 14 UCLA 10:15 PM ET Washington Oklahoma State