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Bowl wins SEC money etc.
Posted on 12/18/12 at 1:25 pm
Posted on 12/18/12 at 1:25 pm
I can't find this anywhere so here goes. Does every SEC school get money by any other SEC school going to a bowl game, or do they have to win the bowl game. And is this seperated by SECE and SECW bowls.
What I mean is, if I'm not mistaken, for example if Alabama wins the national title game, all other SEC schools win money it's like a shared pot?
If that is accurate what amounts do other schools get, how is that determined, and what if you lose your bowl game do you still put money in the pot to share? Or is this just lunacy and not true? Like if FL were to win it's bowl, would Ole Miss gain anything from that? It just sounds too crazy.
What I mean is, if I'm not mistaken, for example if Alabama wins the national title game, all other SEC schools win money it's like a shared pot?
If that is accurate what amounts do other schools get, how is that determined, and what if you lose your bowl game do you still put money in the pot to share? Or is this just lunacy and not true? Like if FL were to win it's bowl, would Ole Miss gain anything from that? It just sounds too crazy.
5
Posted on 12/18/12 at 1:26 pm to Craig86
quote:
It just sounds too crazy.
Now u 2 crazy
Posted on 12/18/12 at 1:27 pm to Craig86
quote:
If that is accurate what amounts do other schools get, how is that determined, and what if you lose your bowl game do you still put money in the pot to share? Or is this just lunacy and not true? Like if FL were to win it's bowl, would Ole Miss gain anything from that? It just sounds too crazy.
Posted on 12/18/12 at 1:28 pm to Craig86
This post was edited on 2/16/13 at 12:06 pm
Posted on 12/18/12 at 1:29 pm to Craig86
In all honesty, yes, the SEC evenly distributes all revenue (TV, bowls, etc.)
It's a good thing. A very good thing.
It's a good thing. A very good thing.
Posted on 12/18/12 at 1:29 pm to JDM1992
Aha! I found it, the answer!
Here's a quote from the article.
Under the SEC's revenue sharing plan, the conference and its 12 schools share that money equally after expenses, along with revenues from bowl games and seasonal television rights.
Last school year, the SEC distributed $127.2 million, or $10.6 million to each school. That included $13.7 million from the football championship, or $1.1 million per school.
"Vanderbilt's going to make the same amount of money as the University of Florida for this game, as is Kentucky and the University of Alabama," said Greg McGarity, UF executive associate athletic director. "That's probably the biggest misconception about the tremendous amount of dollars out there."
Written in 2008 I think though. LINK
Here's a quote from the article.
Under the SEC's revenue sharing plan, the conference and its 12 schools share that money equally after expenses, along with revenues from bowl games and seasonal television rights.
Last school year, the SEC distributed $127.2 million, or $10.6 million to each school. That included $13.7 million from the football championship, or $1.1 million per school.
"Vanderbilt's going to make the same amount of money as the University of Florida for this game, as is Kentucky and the University of Alabama," said Greg McGarity, UF executive associate athletic director. "That's probably the biggest misconception about the tremendous amount of dollars out there."
Written in 2008 I think though. LINK
Posted on 12/18/12 at 1:29 pm to Craig86
quote:
pot to share?
Posted on 12/18/12 at 1:30 pm to Craig86
So.. do you get money for GOING to bowl games, or only WINNING those said games? Like do you get a lesser amount for losing or what?
Posted on 12/18/12 at 1:32 pm to Craig86
I think you get the payout just for going.
Posted on 12/18/12 at 1:32 pm to Craig86
It's socialism I tell you, it's funny cause it's the SEC but... it's also socialism. Goes way over MIss. State people's heads and Bammers.
Posted on 12/18/12 at 1:33 pm to Craig86
Each team gets the same amount, win or lose. You take all your expenses and give the rest to the SEC to divide evenly. Of course, expenses are pretty high and I doubt they try to be cheapskates on a Bowl trip.
Posted on 12/18/12 at 1:34 pm to Craig86
goddammit craig.
what are you babbling about?
what are you babbling about?
Posted on 12/18/12 at 1:34 pm to Craig86
Each team got $25M this past year.
Posted on 12/18/12 at 1:35 pm to Beer Bryant
This post was edited on 2/16/13 at 12:06 pm
Posted on 12/18/12 at 1:38 pm to Slippery Slope
I was just stating it's rather humorous considering it's the SEC and most people who are fans of the SEC more than likely lean right (politically) and yet seem to support a system that helps the "less fortunate programs." Aka share the wealth. But in reality would be very opposed to a system being implemented where we needed to spread the wealth out evenly. I knew it would go over your head! 
Posted on 12/18/12 at 1:39 pm to JDM1992
This is the old breakdown (prior to Tex A&M and Missouri) - even though its taken directly from the 2012 SEC Media Guide...
2012 SEC Media Guide - PDF
2012 SEC Media Guide - PDF
quote:
SEC BOWL REVENUE DISTRIBUTION
(A) For bowl games providing receipts which result in a balance of less than $1,500,000, the participating institution shall retain $925,000 plus a travel allowance as determined by the SEC Executive Committee. The remainder shall be remitted to the Commissioner and will be divided into 13 equal shares with one share to the conference and one share to each member institution.
(B) For bowl games providing receipts which result in a balance between $1,500,000 and $3,999,999, the participating institution shall retain $1,125,000 plus a travel allowance as determined by the SEC Executive Committee. The remainder shall be remitted to the Commissioner and will be divided into 13 equal shares with one share to the conference and one share to each member institution.
(C) For bowl games providing receipts which result in a balance between $4,000,000 and $5,999,999, the participating institution shall retain $1,325,000 plus a travel allowance as determined by the SEC Executive Committee. The remainder shall be remitted to the Commissioner and will be divided into 13 equal shares with one share to the conference and one share to each member institution.
(D) For bowl games providing receipts which result in a balance of $6,000,000 or more, the participating institution shall receive $1,825,000 ($1,925,000 if the SEC team is a participant in the Bowl Championship Series game which determines the National Championship) plus a travel allowance as determined by the SEC Executive Committee. The remainder shall be remitted to the Commissioner and will be divided into 13 equal shares with one share to the conference and one share to each member institution.
(E) Bowl Revenue Protection Insurance and the cost of unused tickets up to 3,000 tickets for games with a ticket guarantee under 15,000 and up to 4,000 tickets for games with a ticket guarantee of 15,00 tickets or above, shall be deducted prior to conference distribution.
Posted on 12/18/12 at 1:40 pm to Craig86
I'm a socialist, Craig.
Posted on 12/18/12 at 1:42 pm to ApeDeuce
SEC member institutions could teach the mafia about how to consolidate and retain power.
Posted on 12/18/12 at 1:42 pm to Craig86
Damnit you new Ole Miss posters are horrible. 
This post was edited on 12/18/12 at 1:43 pm
Posted on 12/18/12 at 1:44 pm to ChargerDog91
You recoup all the costs of going to the bowl game from your bowl money. The rest of it goes to the league who passes it out
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