Thursday, February 2, 2017

Conference Revenue Update



Bruce FeldmanVerified account @BruceFeldmanCFB 2 minutes ago
SEC announces revenue distribution for 2015-16 is at more than $40.4 million per school. And that's excluding bowl $$ retained per program.

http://collegefootballtalk.nbcsports.com/2017/02/02/sec-rakes-in-over-half-a-billion-dollars-in-revenue/

The conference announced Thursday it collected and subsequently divided $584.2 million in revenue during the 2015-16 fiscal year. Each school received an average of $40.4 million, which leaves around $18.7 million for the conference office.
That number represents a sharp spike from recent years, a 286 percent increase since 2008-09.

RedditCFB @RedditCFB
SEC Revenue Distributions
2013-14: $21 million per school
2014-15: $32.7 million per school
2015-16: $40.4 million per school
 
According to a copy of the SEC’s tax return obtained by CBS Sports, television and radio revenue grew from $311.9 million in 2014-15 to $420.1 million in 2015-16, a growth made possible by SEC Network. Postseason revenue also grew from $162.8 million to $180.6 million, thanks to the College Football Playoff.


http://www.usatoday.com/story/sports/ncaaf/sec/2017/02/02/sec-tax-return-639-million-in-revenues-2016-fiscal-year/97400990/

►Among the ACC’s 14 schools other than Notre Dame, which remains an independent in football, the conference distributions ranged from $27.6 million for Florida State to just under $24 million for Syracuse. Notre Dame received $6.2 million.
►The Pac-12’s per-school shares were about $25.1 million.
The Big 12’s were around $23.4 million, except for West Virginia and TCU, which each got a little more than $20 million.

Most of the SEC's new increase came in the amount conference reported as coming from TV and radio rights fees. On the new return, the SEC listed $420 million in such revenue. In fiscal 2015 — the first year in which amounts from the SEC Network were included — the figure was $311.8 million. That’s a one-year increase of nearly 35%.
The figure is double the $210.4 million the TV and radio revenue conference reported for its 2014 fiscal year.
The SEC’s revenue in 2016 from what its return describes as postseason events — which includes its share of money from the College Football Playoff — grew to $180.6 million, up from $162.8 million in 2015 and $98.6 million in 2014.

1 comment:

  1. Wow. Another $10 or $20 million advantage and they will get back to beating ACC teams...
    These guys must waste more money than CONGRESS.

    ReplyDelete