SEC Announces Revenue Distribution of $741.0 million for 2022-23
Thursday afternoon, the Southeastern Conference announced revenue distribution of $741.0 million to the league's 14 schools for the 2022-23 fiscal year, which ended August 31, 2023.
The total includes $718.0 million distributed directly from the conference office, and an additional $23.0 million retained by universities that participated in 2022-23 football bowl games.
The amount distributed from the conference office, excluding bowl expenses retained by participants, averaged $51.3 million per school. Alabama, of course, won the SEC Championship Game and played in the College Football Playoff during Nick Saban's final season as head coach.
The total revenue for 2022-23 is an increase above the $721.8 million distributed in 2021-22. The average per school distribution increased from $49.9 million in 2021-22, not including bowl money retained by participants.
"SEC member universities are proud to support thousands of student-athletes who participate in broad-based athletics programs across the league," SEC commissioner Greg Sankey said in a statement. "SEC universities are committed to providing a high-level experience for all of our participants through an impactful and life-changing college experience that includes world-class support in coaching, training, academic counseling, medical care, mental health support, nutrition, life-skills development and post-eligibility healthcare coverage for student-athletes."
The total distribution amount is comprised of revenue generated from television agreements, postseason bowl games, the College Football Playoff, the SEC Football Championship Game, the SEC Men's Basketball Tournament, and NCAA championships.
The distribution amount does not include an additional $8.1 million of NCAA and SEC grants divided among the fourteen member universities.
