- ABC News
- February 10, 2022
The SEC on Thursday said revenue rose to $777.8 million during the 2020-21 fiscal year -- an increase of $120.1 million from the previous year. The money will be divided equally among the conference's 14 schools. Excluding bowl expenses, each school will receive roughly $54.6 million. The total distribution is made up of revenue generated from television contracts, postseason football games, the SEC championship game in football, the conference's men's basketball tournament, NCAA championships and a supplemental surplus distribution. It does not include a one-time supplement of approximately $23 million given to each school in 2021 to help offset the financial impact of COVID-19. "The commitment of the SEC's 14 universities to provide an impactful and lasting student-athlete experience is enhanced exponentially by the substantial revenue distributed through the Southeastern Conference," commissioner Greg Sankey said in a statement. "As a direct result of this distribution, SEC...