SEC schools received average payout of $20.8 million last year

Nov 10, 2012; Knoxville, TN, USA; A general view of the SEC logo on the field prior to the game between the Tennessee Volunteers and Missouri Tigers at Neyland Stadium. Missouri defeated Tennessee 51-48 in quadruple overtime. Mandatory Credit: Jim Brown-USA TODAY Sports

According to a report published on AL.com, SEC schools received an average payout of $20.8 million from the conference last academic year (2012-13).

The $20.8 million marks the largest average payout during the SEC’s run of national championships. However, it was only a 2-percent increase over the payout form 2011-12, making it the smallest percentage increase from one year to the next during that span.

The report says the smallest payouts went to the Texas A&M Aggies and the Missouri Tigers:

The smallest payouts went to new members Texas A&M ($19.5 million) and Missouri ($19.6 million), and the largest to Arkansas ($21.3 million) and Vanderbilt ($21.3 million). Texas A&M and Missouri received $1.4 to $1.5 million less than the next-closest SEC schools. The difference in distribution was because of money accumulated prior to Texas A&M and Missouri becoming SEC members on July 1, 2012, SEC Associate Commissioner Herb Vincent said.

The SEC’s total revenue for the year was $314.5 million, a 15-percent increase from the previous year. $204.2 million of the revenue was generated by TV and radio broadcasting rights.

[Source: AL.com]

Topics: Sec

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