AthleticBusiness.com has partnered with LexisNexis to bring you this content.
Copyright 2017 Knoxville News-Sentinel Co.
All Rights Reserved
Knoxville News-Sentinel (Tennessee)
The SEC again distributed a record amount of revenues to its 14 member schools, encroaching upon $600 million in distribution to those schools per figures released Thursday by the league.
More than $40 million - $40.4 million per team, even after bowl expenses were retained - was handed out per school in the SEC.
"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," second-year SEC commissioner Greg Sankey said in the league's statement. "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."
Tennessee, until recent years, has been among the lowest-reserve-fund schools in the SEC. While it has not climbed completely out of the cellars, UT had nearly $17 million in its reserve funds.
Also according to the release by the SEC:
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.
All Rights Reserved
Knoxville News-Sentinel (Tennessee)
Another year, another record. Welcome to the SEC.
The SEC again distributed a record amount of revenues to its 14 member schools, encroaching upon $600 million in distribution to those schools per figures released Thursday by the league.
More than $40 million - $40.4 million per team, even after bowl expenses were retained - was handed out per school in the SEC.
"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," second-year SEC commissioner Greg Sankey said in the league's statement. "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."
Tennessee, until recent years, has been among the lowest-reserve-fund schools in the SEC. While it has not climbed completely out of the cellars, UT had nearly $17 million in its reserve funds.
Also according to the release by the SEC:
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.
Read More of Today's AB Headlines
Subscribe to Our Daily E-Newsletter
February 3, 2017
Terms and Conditions Privacy Policy
