Started By
Message
SEC will take in $32.5 million for its double appearance in the BCS title game
Posted on 1/3/12 at 8:47 am
Posted on 1/3/12 at 8:47 am
Wow that's a lot money for one game.
Regardless of who wins this game, the SEC will take in $32.5 million for its double appearance in the BCS title game — $26.4 million through LSU as the automatic qualifier and $6.1 million through Alabama as the at-large qualifier. Yet both LSU and Alabama will basically receive about the same bowl money share as non-bowl teams from the league such as Kentucky, Tennessee and Ole Miss and teams headed to lesser bowls. Why does this revenue sharing model work for the SEC whereas some Big 12 members seemed to struggle with a less equal sharing model tilted toward Texas?
LINK
Regardless of who wins this game, the SEC will take in $32.5 million for its double appearance in the BCS title game — $26.4 million through LSU as the automatic qualifier and $6.1 million through Alabama as the at-large qualifier. Yet both LSU and Alabama will basically receive about the same bowl money share as non-bowl teams from the league such as Kentucky, Tennessee and Ole Miss and teams headed to lesser bowls. Why does this revenue sharing model work for the SEC whereas some Big 12 members seemed to struggle with a less equal sharing model tilted toward Texas?
LINK
This post was edited on 1/3/12 at 8:49 am
7
Posted on 1/3/12 at 8:51 am to anothergumper
quote:
Why does this revenue sharing model work for the SEC
Because everybody gets the same amount, everybody is happy.
quote:
whereas some Big 12 members seemed to struggle with a less equal sharing model tilted toward Texas?
They struggled because one school got more money from contracts than they did.
Pretty simple.
Posted on 1/3/12 at 8:51 am to anothergumper
quote:
$26.4 million through LSU as the automatic qualifier and $6.1 million through Alabama as the at-large qualifier.
Slack-asses.
Posted on 1/3/12 at 8:56 am to anothergumper
Thanks guys.
We need the cash.
We need the cash.
Posted on 1/3/12 at 9:54 am to anothergumper
Kentucky's got us covered for basketball. UT did too, until they ran Pearl's lyin', cheatin' arse off.
Posted on 1/3/12 at 9:56 am to TroyTider
quote:
Kentucky's got us covered for basketball. UT did too, until they ran Pearl's lyin', cheatin' arse off.
Is basketball done the same way as bowl games? And if so, what are the payouts like?
Posted on 1/3/12 at 9:58 am to TroyTider
Isn't that basically the same amount the SEC gets every year by putting two teams in a BCS game? Having two in the championship game doesn't change the financials.
Posted on 1/3/12 at 10:19 am to anothergumper
i know it's been posted before, but here's how the SEC split for 2010....
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 $800,000 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.
NONE
(B) For bowl games providing receipts which result in a balance between $1,500,000 and $3,999,999, the participating institution shall retain $1,000,000 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.
ARK ($3.6m), VANDY ($1.7m), MSU ($1.8m), UGA ($3.5m), AUBURN ($2.9m), FLORIDA ($2.7m)
(C) For bowl games providing receipts which result in a balance between $4,000,000 and $5,999,999, the participating institution shall retain $1,200,000 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.
SOUTH CAROLINA ($4.6m)
(D) For bowl games providing receipts which result in a balance between $6,000,000 or more, the participating institution shall receive $1,700,000 ($1,800,000 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.
ALABAMA ($6.1m) & LSU ($32.5m)
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 $800,000 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.
NONE
(B) For bowl games providing receipts which result in a balance between $1,500,000 and $3,999,999, the participating institution shall retain $1,000,000 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.
ARK ($3.6m), VANDY ($1.7m), MSU ($1.8m), UGA ($3.5m), AUBURN ($2.9m), FLORIDA ($2.7m)
(C) For bowl games providing receipts which result in a balance between $4,000,000 and $5,999,999, the participating institution shall retain $1,200,000 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.
SOUTH CAROLINA ($4.6m)
(D) For bowl games providing receipts which result in a balance between $6,000,000 or more, the participating institution shall receive $1,700,000 ($1,800,000 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.
ALABAMA ($6.1m) & LSU ($32.5m)
Posted on 1/3/12 at 10:27 am to LoyalTiger
quote:
Isn't that basically the same amount the SEC gets every year by putting two teams in a BCS game? Having two in the championship game doesn't change the financials.
Although they uped it this year, as far as BCS payouts, Last year was only 22 million
Posted on 1/3/12 at 1:54 pm to anothergumper
With all the $ being floated around in bowl games its nice to finally see our NEW Conference does not discriminate and that its commissioner is not scared of a TX and OU like Beebe`s fake arse was in the big 12 or should say big 9!
Posted on 1/3/12 at 1:56 pm to The ZOU
quote:
With all the $ being floated around in bowl games its nice to finally see our NEW Conference does not discriminate and that its commissioner is not scared of a TX and OU like Beebe`s fake arse was in the big 12 or should say big 9!
Texas and OU had too much leverage in that conference. There are too many big players in the SEC to have that type of leverage in one or two teams. Texas doesn't need the Big 12, they only need the scheduling. But every team in the SEC needs the SEC.
Posted on 1/3/12 at 1:59 pm to bigpapamac
quote:Worked great for the Soviet Union
Because everybody gets the same amount, everybody is happy
Posted on 1/3/12 at 1:59 pm to winyahpercy
Wow, I forgot that the SEC office kept a share.
Anyone have a link to their revenue numbers? I would like to take a peak at the Gump slush fund in B'ham.
Anyone have a link to their revenue numbers? I would like to take a peak at the Gump slush fund in B'ham.
Posted on 1/3/12 at 2:00 pm to NaturalBeam
quote:
Worked great for the Soviet Union
Poor comparison. You're better than that.
Posted on 1/3/12 at 2:17 pm to roadGator
What expenses does the SEC office have? Getting 1/13 seems like alot.
Posted on 1/3/12 at 2:20 pm to graychef
quote:
What expenses does the SEC office have?
Saban's salary
SEC refs who should be paying us
lights
Slive
car rental
hotels
cable
Commericals
Website
stats guy
camera guys
secretaries
Bama slush fund
etc.
Posted on 1/3/12 at 2:20 pm to graychef
quote:
What expenses does the SEC office have? Getting 1/13 seems like alot.
Seems quite excessive.
Posted on 1/3/12 at 2:21 pm to graychef
quote:
What expenses does the SEC office have?
Is that a serious question?
Posted on 1/3/12 at 2:30 pm to roadGator
quote:
quote:
What expenses does the SEC office have?
Saban's salary
SEC refs who should be paying us
lights
Slive
car rental
hotels
cable
Commericals
Website
stats guy
camera guys
secretaries
Bama slush fund
etc.
don't forget the REC Christmas party w/ secret Santa gifts
Posted on 1/3/12 at 2:39 pm to graychef
I threw together a spreadsheet to figure up the total shares for each school from this bowl season. Please let me know if you find any mistakes
Note that I didn't adjust for travel expenses because there's no easy way to get that information. It shouldn't skew the numbers that much
I used the $26.4 million figure for LSU even though someone posted $32.5 million earlier in this thread... the 32.5 is the total amount (Alabama's 6.1 and LSU's 26.4)
Most schools got $4.3 million, only Alabama and LSU got $5 million. The schools that didn't go to bowls got $3.3 million
Note that I didn't adjust for travel expenses because there's no easy way to get that information. It shouldn't skew the numbers that much
I used the $26.4 million figure for LSU even though someone posted $32.5 million earlier in this thread... the 32.5 is the total amount (Alabama's 6.1 and LSU's 26.4)
Most schools got $4.3 million, only Alabama and LSU got $5 million. The schools that didn't go to bowls got $3.3 million
This post was edited on 1/3/12 at 2:41 pm
Page 1 of 2
Back to top
Follow SECRant for SEC Football News