INCREDIBLE: SEC distributes $741 million to member schools…

Greg Sankey, the commissioner of the SEC, stated on Thursday that the 14 universities in the conference will receive

$741 million in income for the fiscal year 2022–2023.

According to a Sankey statement, “SEC member universities are proud to support thousands of student-athletes who

participate in broad-based athletics programs across the league.” Through an unforgettable and life-altering college

experience that includes top-notch coaching, training, academic counseling, medical attention, mental health

support, nutrition, life skills development, and post-eligibility healthcare coverage for student-athletes, SEC

universities are dedicated to providing a high-level experience for all of our participants.

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This is the breakdown of the money:

The SEC office distributed $718 million in total.

A further $23 million was kept by each school that took part in the football bowl games in 2022–2023.

$51.3 million was allotted to each institution; participant-retained bowl expenses were not included.

The SEC distributes $50 million to Auburn for the fiscal year 2023.

Revenue from broadcast deals, post-season bowl games, the College Football Playoff, the SEC Football

Championship Game, the SEC men’s basketball tournament, and NCAA titles make up the distribution amount.

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It is mentioned in the statement that an extra $8.1 million in SEC and NCAA funding, split among the 14 member

universities, is not included in the allocation.

Compared to the $721.8 million distributed in 2021–2022, the revenue has increased. The average allocation per

school went up from $49.9 million in 2021–2022 (excluding participant-retained bowl money).

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