SEC Distributes Record $741 Million to Member Schools for 2022-23
The revenue, nearing $853 million, sets a new high for college athletic conferences, with further growth expected.
- The Southeastern Conference (SEC) distributed a record $741 million to its 14 member schools for the 2022-23 fiscal year, averaging about $51.3 million per school.
- This distribution marks a significant increase from the previous year, with the SEC's total revenue reaching nearly $853 million, setting a new record for college athletic conferences.
- The revenue increase is attributed to television agreements, postseason bowl games, the College Football Playoff, and the SEC football championship game, among other sources.
- The SEC is preparing for further revenue growth with the addition of Texas and Oklahoma in 2024 and a new TV deal with ESPN set to commence.
- The SEC and Big Ten have formed a joint advisory group to address challenges in college athletics, emphasizing the importance of the student-athlete experience.