The Southeastern Conference will distribute $209 million to its 12 member institutions in the revenue sharing plan for the 2009-10 fiscal year ending August 31, according to SEC commissioner Mike Slive.
The $209 million is the highest total ever distributed in SEC history and represents a 57.7 percent increase from the $132.5 million distributed to the schools in 2008-2009.
The revenue sharing plans include money generated by football television, BCS and other football bowl games, the SEC Football Championship, basketball television, the SEC Men’s Basketball Tournament and the NCAA Basketball tournaments.
Not included in the $209 million was $14.3 million retained by the institutions participating in bowls and $780,000 divided among all 12 institutions by the NCAA for academic enhancement.
Revenues derived by the institutions from its local media packages as well as from other conference initiatives are not included in the total amount.
The huge increase in revenue can be attributed to the SEC’s television deals with CBS and ESPN, which generates revenues of $205 million annually.
Since 2003, the SEC has more than doubled its revenue distribution to member institutions. That year, the SEC disbursed $101.9 million to each school.
