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The SEC ESPN contract: $300M annually for next 10 years

Posted on 1/6/24 at 5:16 pm
Posted by boudinman
Member since Nov 2019
5178 posts
Posted on 1/6/24 at 5:16 pm
The new SEC ESPN contract monies are flowing in for 2024. $300M annually for the next 10 years. That's $18,750,000 annually for each school for 10 years.

Those coaches, their staffs, and players(NIL) will be wanting their share of those profits.
This post was edited on 1/6/24 at 5:18 pm
Posted by deltaland
Member since Mar 2011
91219 posts
Posted on 1/6/24 at 5:23 pm to
It’s a shitty fricking deal. B1G got a 7 year 8 billion dollar deal with CBS,FOX, and NBC.

SEC is getting left in the dust and our era of dominance is coming to an end
Posted by BuckI
Grove City, Ohio
Member since Oct 2020
3327 posts
Posted on 1/6/24 at 5:31 pm to
That's not much.
Posted by houtiger99
Houston
Member since Apr 2011
18 posts
Posted on 1/6/24 at 5:43 pm to
Not accurate. The $300 mil per year is in addition to the existing ESPN/SEC Network Deal. That $300 mill is primarily for the CBS package. When you compare apples to apples, the consensus is that the Big Ten will distribute about $80 mil per school and the SEC will distribute about $70 mil per school. That also accounts for the fact that the Big Ten has 18 schools versus 16 in the SEC
Posted by AlaTiger
America
Member since Aug 2006
21131 posts
Posted on 1/6/24 at 5:44 pm to
Wait, what??? Who negotiated that? With 16 teams, we’re getting robbed.
Posted by 49 to nada
In aggy and gooner heads, rent free
Member since Sep 2023
1289 posts
Posted on 1/6/24 at 6:08 pm to
I really wish it was a mix of CBS, Fox and ESPN/ABC. The quality of ESPN football coverage has taken a steep nosedive the past couple years while Fox seems to be getting better at doing CFB along with NFL. The past two seasons I found myself watching Big Noon (in spite of Urbs) more consistently and only switching over to Gameday to see what stupid headgear Corso puts on...and even that will go away soon.
Posted by GetmorewithLes
UK Basketball Fan
Member since Jan 2011
19163 posts
Posted on 1/6/24 at 7:04 pm to
quote:

The new SEC ESPN contract monies are flowing in for 2024. $300M annually for the next 10 years. That's $18,750,000 annually for each school for 10 years.

Those coaches, their staffs, and players(NIL) will be wanting their share of those profits.



You are way off my boudin man.

From the SEC in Feb
quote:

Southeastern Conference Commissioner Greg Sankey on Thursday announced that $721.8 million of total revenue was divided among the SEC’s 14 universities for the 2021-22 fiscal year, which ended August 31, 2022.

The total includes $698.5 million distributed directly from the conference office, as well as $23.3 million retained by universities that participated in 2021-22 football bowl games to offset travel and other related bowl expenses.

The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $49.9 million per school.
This post was edited on 1/6/24 at 7:05 pm
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