SEC schools to split $122 million
Jun 1, 2007 22:03:02 GMT -5
Post by Glory Days on Jun 1, 2007 22:03:02 GMT -5
SEC schools to split $122 million
Friday June 1, 2007
BIRMINGHAM, Ala. (AP) -- The Southeastern Conference will split $122 million among its 12 member schools for the current fiscal year, the league announced Friday.
The revenue for the fiscal year ending Aug. 31 is a record for the SEC and represents a 5.1 percent increase from the $116.1 million a year earlier.
The revenue sharing includes money generated by television for football and basketball, the football championship game and the SEC and NCAA men's basketball tournaments.
In football, the league generated $48.3 million in TV revenues, $23.7 million from bowls, and $13.2 million from the SEC championship game.
In basketball, the SEC made $12.3 million from TV, $4.3 million from the league tournament and $20.2 million from the NCAA tournament.
The average amount distributed to each school was $10.17 million.
The $12.5 million made by teams playing in bowl games was not included in the league revenues.
sportsillustrated.cnn.com/2007/football/ncaa/06/01/sec.money.ap/index.html
Friday June 1, 2007
BIRMINGHAM, Ala. (AP) -- The Southeastern Conference will split $122 million among its 12 member schools for the current fiscal year, the league announced Friday.
The revenue for the fiscal year ending Aug. 31 is a record for the SEC and represents a 5.1 percent increase from the $116.1 million a year earlier.
The revenue sharing includes money generated by television for football and basketball, the football championship game and the SEC and NCAA men's basketball tournaments.
In football, the league generated $48.3 million in TV revenues, $23.7 million from bowls, and $13.2 million from the SEC championship game.
In basketball, the SEC made $12.3 million from TV, $4.3 million from the league tournament and $20.2 million from the NCAA tournament.
The average amount distributed to each school was $10.17 million.
The $12.5 million made by teams playing in bowl games was not included in the league revenues.
sportsillustrated.cnn.com/2007/football/ncaa/06/01/sec.money.ap/index.html