BIRMINGHAM, Ala. (AP) - The Southeastern Conference distributed an average of $40.4 million to its member schools in the last fiscal year.
Commissioner Greg Sankey said Thursday that the league split up $565.9 million among the 14 members during the fiscal year which ended Aug. 31, 2016. Football bowl teams also kept $18.3 million to cover travel and other bowl-related expenses.
Total revenue distributed was $584.2 million, up from $475.8 million in 2014-15, when the average school payout was $32.7 million not including bowl money.
People were interested in these podcasts
The amount includes revenue generated from television agreements, postseason football and men’s basketball games and the SEC football championship game and league basketball tournament, plus a supplemental surplus distribution.
Please read our comment policy before commenting.