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SEC distributed $40.4 million to each school for the 2015-16 fiscal year
Posted on 2/2/17 at 2:11 pm
Posted on 2/2/17 at 2:11 pm
Mo' Money
This post was edited on 2/2/17 at 2:14 pm
Posted on 2/2/17 at 2:14 pm to GoldenFlakes
We rich! LINK
quote:
The total includes $565.9 million distributed from the conference office, as well as $18.3 million retained by institutions that participated in 2015-16 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 $40.4 million per school.
“Each of our institutions sponsor from 16 to 22 intercollegiate athletics teams and offer their student-athletes in those sports the highest level of commitment to their athletics and academic experience,” Sankey said. “This distribution from the SEC helps our universities’ athletics programs continue to fully support broad-based opportunities for thousands of female and male student-athletes in all sports.”
Currently more than 5,400 female and male student-athletes across the SEC receive financial aid and, counting non-scholarship participants, more than 7,800 total student-athletes participate in sports sponsored by SEC institutions.
In addition, the 2015-16 academic year was the first in which SEC schools funded new costs associated with providing scholarships based on a student-athlete’s full cost of attendance while expanding the availability of lifetime educational opportunities to former student-athletes as allowed by the NCAA as a result of action by the Autonomy Five Conferences.
“This revenue distribution provides SEC institutions the flexibility to invest in unique and significant ways that provide positive outcomes across their respective campuses,” Sankey said. “Besides providing superior support in coaching, equipment, training, academic counseling, medical care and life-skills development for student-athletes, athletics programs in the SEC have been known to provide significant financial support to the academic side of their institutions, whether in the direct transfer of funds, in assistance with the construction and renovation of academic facilities or in support of academic scholarship opportunities or academic programs.”
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 approximately $1 million of academic enhancement payments paid directly from the NCAA and divided equally among the 14 member institutions.
The total revenue for 2015-16 is an increase above the $475.8 million distributed in 2014-15 and the per school distribution represents an increase over the average school distribution of $32.7 million in 2014-15, not including bowl money retained by participants.
This post was edited on 2/2/17 at 2:17 pm
Posted on 2/2/17 at 2:16 pm to GoldenFlakes
You're welcome Tennessee.
Posted on 2/2/17 at 2:18 pm to GoldenFlakes
Things are going to get interesting when the cable sports money bubble pops.
Posted on 2/2/17 at 2:20 pm to Dr RC
quote:Will probably be right after they start paying players. It will be a shite show.
Things are going to get interesting when the cable sports money bubble pops.
Posted on 2/2/17 at 2:22 pm to GoldenFlakes
One of these days expansion will flip to contraction in every sport. The Cowboys, Lakers, and Alabamas of the world will decide they're sharing too much with teams like the Titans, Hawks, and Vandy
Posted on 2/2/17 at 2:27 pm to Dr RC
quote:
Things are going to get interesting when the cable sports money bubble pops.
Are TVs going away ? The biggest concern are those 100K+ stadiums.
Posted on 2/2/17 at 2:34 pm to Irons Puppet
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Are TVs going away ? The biggest concern are those 100K+ stadiums.
No, but cable providers are.
Currently even in a Television market as CFB-crazed as Birmingham, more than 50% of the area never watches college football, even for a game like the Iron Bowl or the National Title Game.
If and when all television becomes pay-as-you-go where you can choose stations a la carte, the Golden Age of sporting television contracts will completely implode.
You'll see a day when about 50% of Birmingham decides they aren't going to pay for the SEC Network... and even bigger swaths of unsubscribers in large markets like Atlanta, Dallas, Houston, St. Louis, etc.
We may have another 10-15 years... or whenever the SEC Network contract goes through. But after that, its going to be an absolute disaster.
Posted on 2/2/17 at 2:35 pm to TT9
Posted on 2/2/17 at 2:40 pm to BHMKyle
quote:
No, but cable providers are. Currently even in a Television market as CFB-crazed as Birmingham, more than 50% of the area never watches college football, even for a game like the Iron Bowl or the National Title Game. If and when all television becomes pay-as-you-go where you can choose stations a la carte, the Golden Age of sporting television contracts will completely implode. You'll see a day when about 50% of Birmingham decides they aren't going to pay for the SEC Network... and even bigger swaths of unsubscribers in large markets like Atlanta, Dallas, Houston, St. Louis, etc. We may have another 10-15 years... or whenever the SEC Network contract goes through. But after that, its going to be an absolute disaster.
The SECN=SEC Office. Do you think the "pay as you go" will be cheap for consumers under your scenario ? If that ever happen, I see the SEC generating more money than they are now.
Posted on 2/2/17 at 2:43 pm to GoldenFlakes
quote:
SEC distributed $40.4 million
Otherwise known as Ole Miss and MSU's welfare check from the rest of the SEC.
Posted on 2/2/17 at 2:46 pm to GoldenFlakes
Everyone pay your respects to daddy A&M for getting you all this money
Posted on 2/2/17 at 2:48 pm to secuniversity
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Otherwise known as Ole Miss and MSU's welfare check from the rest of the SEC.
Hey now, they each made about 40 million on their own last year...
Posted on 2/2/17 at 2:49 pm to David Ricky
Wow that takes away about 80% of user TT9's posting material
Posted on 2/2/17 at 2:50 pm to Projectpat
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Everyone pay your respects to daddy A&M for getting you all this money
Ahem......who has been bringing all the hardware home?
You're welcome.
Posted on 2/2/17 at 2:50 pm to TomRollTideRitter
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The Cowboys, Lakers, and Alabamas of the world will decide they're sharing too much with teams like the Titans, Hawks, and Vandy
That strategy has worked so well for Texas.
Posted on 2/2/17 at 2:59 pm to 14&Counting
quote:
Ahem......who has been bringing all the hardware home?
Hardware /= cable subscriber numbers
Posted on 2/2/17 at 3:02 pm to Nukeese
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Wow that takes away about 80% of user TT9's posting material
He's been shown Tennessee's updated finances numerous times but continues posting like it's 2011.
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