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Does anyone know how much $$$ each school is actually getting
Posted on 7/20/16 at 5:11 pm
Posted on 7/20/16 at 5:11 pm
from the SEC Network? Not from all our media contracts or other revenue, just from the SECN.
Posted on 7/20/16 at 5:25 pm to GeorgeWest
One source said $6.8 million.Which seems a little low compared to the revenue generated by the SECN.
Posted on 7/20/16 at 5:34 pm to Givens
LSU Athletic Department is flush with $$$. It has been run very efficiently, moneywise, for a couple of decades.
As far as LSU goes, we are having summer school and plan no cutbacks. You cannot always believe literally what leaders say while discussing the budget during a legislative session.
As far as LSU goes, we are having summer school and plan no cutbacks. You cannot always believe literally what leaders say while discussing the budget during a legislative session.
Posted on 7/20/16 at 5:38 pm to GeorgeWest
I thought it was a little over 20m per year
Posted on 7/20/16 at 6:21 pm to GeorgeWest
I thought it was just over $30 million
Posted on 7/20/16 at 6:28 pm to plazadweller
He asking specifically how much FROM THE SEC NETWORK...good God,I really worry about some of you folks at times.
Posted on 7/20/16 at 6:32 pm to plazadweller
nm
This post was edited on 7/20/16 at 6:33 pm
Posted on 7/20/16 at 7:24 pm to plazadweller
I thought it was over $40 million
Posted on 7/20/16 at 7:41 pm to GeorgeWest
Last year the Sec gave each school 31.2 million per school. Haven't heard anything about this year though
Posted on 7/20/16 at 8:57 pm to GeorgeWest
If only there was some way to search for things that we wanted to know and really quickly get the answer... Oh wait, there is.
quote:
Math time: $55M (CBS) + $150M (ESPN) = $205 million. Thus, $311.8M (total) – $205M (CBS and ESPN) = $106.8M. The vast majority of that figure, it stands to reason, comes from the SEC Network, which is the only other major media rights generator in the SEC portfolio.
This $106.8M estimate is additionally backed up by the SEC’s 2013-2014 tax return, which placed the TV/radio rights fee revenue at $210.4M. The SEC Network launched in August 2014, making the 2014-2015 fiscal year the first for which SEC Network revenue factors in.
Assuming all other sources of TV/radio revenues for the SEC between 2013-2014 and 2014-2015 remained mostly constant, we subtract the year-old total, $210.4M, from the new total, $311.8M, leaving us with a sum of $101.4M.
That’s close to the $106.8M figure we worked out initially, and when you take out the table scraps — radio rights and other odds and ends we’re missing — $101.4M hits even closer to the mark.
Round that figure up to $102M for simplicity’s sake, divide it by 15 – 14 member institutions plus a share that goes to the conference office – and you are left with what I figure, and have had confirmed to me, is a reasonably accurate estimate of a $6.8M per member payout as a direct result of the SEC Network.
Posted on 7/20/16 at 9:17 pm to fibonaccisquared
quote:
If only there was some way to search for things that we wanted to know and really quickly get the answer... Oh wait, there is.
Oh wait,I posted the $6.8 million figure on the 1st post from the OP...amazing.
This post was edited on 7/20/16 at 9:23 pm
Posted on 7/20/16 at 9:17 pm to RD Dawg
I'm pretty positive it was over $60M
Posted on 7/20/16 at 9:23 pm to Rebel Land Shark
Rounded up, though, it's more like $70 million.
Posted on 7/20/16 at 9:24 pm to fibonaccisquared
That wasn't for a full year, though. This is the first year we get paid for a full year of SECN.
Posted on 7/20/16 at 9:55 pm to Hugh McElroy
The real $$$ is still in donations. A&M is currently trying to raise $4 Billion over 5 years. They are 2 years into the effort and have already raised more than half their goal.
Posted on 7/20/16 at 10:01 pm to Kentucker
Dumb asses. It was eighty million.
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