With the introduction of the College Football Playoff and the launch of the SEC Network, the SEC figured to be pulling in a substantial total revenue figure. According to information revealed on a tax return obtained by USA Today, the SEC reported a total revenue of $527.4 million for the fiscal year ending August 31, 2015.That number is up an astounding 60 percent from the previous year.
That number is up an astounding 60 percent from the previous year. The total revenue is up substantially since just two years ago when the SEC recorded a total revenue of $314.5 million following the additions of Missouri and Texas A&M. The addition of the SEC Network continues to print money for the conference, and the implementation of the College Football Playoff had a generous reward for each of the power conferences, including the SEC.
Last year the SEC doled out conference revenue shares of $31.2 million to each of its 14 members. How much each school will receive this year will be calculated at a later time. Those types of figures are typically made official in the late spring or summer months before the end of the fiscal year. Rest assured, all 14 SEC universities will be receiving a nice fat check from the league offices.
That number is up an astounding 60 percent from the previous year. The total revenue is up substantially since just two years ago when the SEC recorded a total revenue of $314.5 million following the additions of Missouri and Texas A&M. The addition of the SEC Network continues to print money for the conference, and the implementation of the College Football Playoff had a generous reward for each of the power conferences, including the SEC.
Last year the SEC doled out conference revenue shares of $31.2 million to each of its 14 members. How much each school will receive this year will be calculated at a later time. Those types of figures are typically made official in the late spring or summer months before the end of the fiscal year. Rest assured, all 14 SEC universities will be receiving a nice fat check from the league offices.