According to commissioner Mike Slive, the Southeastern Conference will disburse a record $220 million to the league’s 12 schools, amounting to $18.3 million for each institution.
The $220 million for the SEC’s 2010-11 revenue sharing plan represents an $11 million increase from the 2009-10 disbursement of $209 million.
The SEC enjoyed it’s 30th straight year of increased revenues. The conference had it’s largest single season increase in revenues during the 2009-10 fiscal year, when the league’s revenues increased 57.7 percent.
The revenue sharing plan includes monies generated by the SEC’s football television deals with CBS, ESPN and Fox Sports Net, the league’s bowl games including BCS bowls, the SEC Football Championship game, basketball television, the SEC Men’s Basketball Tournament and the men’s and women’s NCAA Basketball Championships.
The $220 million was derived from $113 million from football television, $31.3 million from bowls, $15.3 million from the SEC Football Championship, $31.1 million from basketball television, $5 million from the SEC Men’s Basketball Tournament and $24.3 million from NCAA Championships.
Not included in the $220.0 million was $14.2 million retained by the institutions participating in the SEC’s nine bowl games 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.
