SEC announces revenue distribution for 2016-17

The SEC announced Thursday that the league generated $596.9 million dollars in revenue in the 2016-17 fiscal year. That includes $573.8 million generated by the league office as well as $23.1 million generated by school’s participation in bowl games.

The league splits that revenue evenly between the 14 schools, giving each institution approximately $40.9 million dollars.

“This distribution from the SEC is instrumental to our universities’ athletics programs ability to provide the highest possible level of support for the thousands of student-athletes who participate annually in nearly two dozen conference sports,” SEC Commissioner Greg Sankey said in a release. “This commitment to excellence encompasses superior support in coaching, equipment, training, academic counseling, medical care and life-skills development for our student-athletes.”

The total distribution amount is comprised of revenue generated from television agreements, post-season bowl games, the College Football Playoff, the SEC Football Championship, the SEC Men’s Basketball Tournament, NCAA Championships and a supplemental surplus distribution.

“The revenues generated from SEC sports are instrumental to advancing the academic missions of our 14 member institutions,” Sankey added. “Whether in the direct transfer of funds, in assistance with the construction and renovation of academic facilities or in support of academic scholarship opportunities or academic programs, these distributions are designed to provide each university with the flexibility to invest in unique and significant ways that provide positive outcomes across their respective campuses.”

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Nick de la Torre
A South Florida native, Nick developed a passion for all things sports at a very young age. His love for baseball was solidified when he saw Al Leiter’s no-hitter for the Marlins live in May of 1996. He was able to play baseball in college but quickly realized there isn’t much of a market for short, slow outfielders that hit around the Mendoza line. Wanting to continue with sports in some capacity he studied journalism at the University of Central Florida. Nick got his first start in the business as an intern for a website covering all things related to the NFL draft before spending two seasons covering the Florida football team at Bleacher Report. That job led him to GatorCountry. When he isn’t covering Gator sports, Nick enjoys hitting way too many shots on the golf course, attempting to keep up with his favorite t.v. shows and watching the Heat, Dolphins and Marlins. Follow him on twitter @NickdelatorreGC