SEC schools to get about $51

• Mark Schlabach, ESPN Senior WriterFeb 8, 2024, 04:29 PM ET

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  • Senior college football writer
  • Author of seven books on college football
  • Graduate of the University of Georgia

The SEC will distribute $741 million to its 14 member universities, about $51.3 million per school, from the 2022-23 fiscal year, commissioner Greg Sankey announced Thursday.The league stated the

overall included$718 million dispersed straight from the SEC office and another$23 million that was maintained by members for football bowl game expenses.It’s a$ 19.2 million increase from the overall that was dispersed by the SEC in 2021-22.”SEC member universities are happy to support countless student-athletes who take part in broad-based sports programs across the league,”Sankey stated in a declaration.” SEC universities are dedicated to supplying a top-level experience for all of our participants through an impactful and life-altering college experience that includes first-rate assistance in coaching, training, scholastic therapy, medical care, psychological health assistance, nutrition, life-skills advancement and post-eligibility health care coverage for student-athletes.”Editor’s Picks 2 Related In 2015, the SEC dispersed about$49.9 million per school, which ranked behind just the Big 10. Eleven of the 14 Big Ten schools got$58.8 million each; Maryland, Nebraska and Rutgers are receiving smaller shares in their first six years in the league.The SEC’s income is anticipated to grow significantly over the next couple of years, as soon as its brand-new television package with ESPN starts and a 12-team playoff brings additional earnings.

The league is likewise including brand-new members Oklahoma and Texas this year. The SEC still figures to lag behind the Big Ten, which signed a reported$ 1.1 billion TV rights package and included Oregon, UCLA, USC and Washington as new members.Most of the SEC’s revenue is produced by tv contracts, postseason bowl games, the College Football Playoff, SEC football championship game, the SEC men’s basketball competition and various NCAA championships.The league stated the 2022-23 circulation amount did not consist of an extra$8.1 million of NCAA and SEC grants divided among the 14 member schools.